How much is rs 5 lakh's in us dollars?

Answer 1

The Indian Rupee is the currency in India. The Dollar is the currency in US and a few other countries.

The symbol for INR (--INdian Rupee--) can be written Rs, IRs, and ₨. The symbol for USD can be written $.

The Indian Rupee is divided into 100 paise.

The US Dollar is divided into 100 cents.

42 RUPEES for ONE US Dollar is the exchange rate for both currencies. Last updated on August 23, 2013 from The International Monetary Fund.

The INR conversion factor has 6 significant digits, and so does the USD conversion factor as well.

Large amounts of Rupees are expressed in LAKH RUPEES or CRORE RUPEES.

A Lakh Rupee is One Hundred Thousand RUPEES.

A CRORE RUPEE Ten Million RUPEES.

So, 5 LAKH is = 5 x 100,000 = 500,000.

Next we divide 500,000 Rupees / 42 (convertion rate) = $11,904.76 US Dollars