🌐 Million to Lakh Converter
Convert numbers instantly between millions (international system) and lakhs (Indian system) with our free, accurate calculator. Perfect for international business with India, NRI investments, cross-border transactions, and understanding Indian financial reports and property valuations.
💱 Quick Conversion Calculator
📊 Understanding Millions and Lakhs
Million and lakh are fundamental units from different numbering systems that represent similar orders of magnitude. Understanding their relationship is crucial for international business, NRI transactions, and cross-border financial communication.
• 1 Million = 1,000,000 (International format with 6 zeros)
• 1 Lakh = 1,00,000 (Indian format with 5 zeros)
• Conversion Factor: 1 Million = 10 Lakhs
• Ratio: The ratio of million to lakh is 1:10
What is a Million?
A million represents one thousand thousand (1,000,000) in the international numbering system. Written with six zeros and the 3,3,3 comma pattern (from right to left), it's used worldwide in Western countries, international finance, and global commerce. One million equals 10 lakhs in the Indian system.
What is a Lakh?
A lakh equals one hundred thousand (100,000) and is a fundamental unit in the Indian numbering system. Written as 1,00,000 with the distinctive 3,2,2 comma pattern, it's widely used across India, Pakistan, Bangladesh, Nepal, and Sri Lanka. One lakh equals 0.1 million (one-tenth of a million).
📐 Conversion Formulas
Million to Lakh Formula
To convert millions to lakhs, multiply by 10:
Where:
• L = Value in Lakhs
• M = Value in Millions
Example 1: Convert 5 million to lakhs
Answer: 5 million = 50 lakhs (50,00,000)
Example 2: Convert 2.5 million to lakhs
Answer: 2.5 million = 25 lakhs (25,00,000)
Example 3: Convert 0.75 million to lakhs
Answer: 0.75 million = 7.5 lakhs (7,50,000)
Lakh to Million Formula
To convert lakhs to millions, divide by 10:
Where:
• M = Value in Millions
• L = Value in Lakhs
Example 1: Convert 80 lakhs to millions
Answer: 80 lakhs = 8 million (8,000,000)
Example 2: Convert 150 lakhs to millions
Answer: 150 lakhs = 15 million (15,000,000)
Example 3: Convert 35 lakhs to millions
Answer: 35 lakhs = 3.5 million (3,500,000)
📋 Million to Lakh Conversion Table
| Millions (M) | Lakhs (L) | International Format | Indian Format |
|---|---|---|---|
| 0.1 | 1 | 100,000 | 1,00,000 |
| 0.5 | 5 | 500,000 | 5,00,000 |
| 1 | 10 | 1,000,000 | 10,00,000 |
| 1.5 | 15 | 1,500,000 | 15,00,000 |
| 2 | 20 | 2,000,000 | 20,00,000 |
| 5 | 50 | 5,000,000 | 50,00,000 |
| 10 | 100 | 10,000,000 | 1,00,00,000 |
| 25 | 250 | 25,000,000 | 2,50,00,000 |
| 50 | 500 | 50,000,000 | 5,00,00,000 |
| 100 | 1,000 | 100,000,000 | 10,00,00,000 |
| 250 | 2,500 | 250,000,000 | 25,00,00,000 |
| 500 | 5,000 | 500,000,000 | 50,00,00,000 |
📋 Lakh to Million Conversion Table
| Lakhs (L) | Millions (M) | Indian Format | International Format |
|---|---|---|---|
| 1 | 0.1 | 1,00,000 | 100,000 |
| 5 | 0.5 | 5,00,000 | 500,000 |
| 10 | 1 | 10,00,000 | 1,000,000 |
| 25 | 2.5 | 25,00,000 | 2,500,000 |
| 50 | 5 | 50,00,000 | 5,000,000 |
| 75 | 7.5 | 75,00,000 | 7,500,000 |
| 100 | 10 | 1,00,00,000 | 10,000,000 |
| 250 | 25 | 2,50,00,000 | 25,000,000 |
| 500 | 50 | 5,00,00,000 | 50,000,000 |
| 1,000 | 100 | 10,00,00,000 | 100,000,000 |
| 2,500 | 250 | 25,00,00,000 | 250,000,000 |
| 5,000 | 500 | 50,00,00,000 | 500,000,000 |
📝 Step-by-Step Conversion Guide
How to Convert Million to Lakh
Step 1: Identify the value in millions that you want to convert.
Step 2: Remember the conversion factor: 1 million = 10 lakhs.
Step 3: Multiply the million value by 10.
Step 4: The result is your value in lakhs.
Step 5: Format using the Indian numbering system (3,2,2 comma pattern).
Step 6: Verify by dividing the result by 10 to get back to millions.
Worked Example: Convert 7.8 million to lakhs
• Given: 7.8 million
• Formula: L = M × 10
• Calculation: L = 7.8 × 10
• Result: L = 78 lakhs
• Indian Format: 78,00,000
• Verification: 78 ÷ 10 = 7.8 million ✓
How to Convert Lakh to Million
Step 1: Identify the value in lakhs that you want to convert.
Step 2: Remember the conversion factor: 10 lakhs = 1 million.
Step 3: Divide the lakh value by 10.
Step 4: The result is your value in millions.
Step 5: Format using the international numbering system (3,3,3 comma pattern).
Step 6: Verify by multiplying the result by 10 to get back to lakhs.
Worked Example: Convert 450 lakhs to millions
• Given: 450 lakhs
• Formula: M = L ÷ 10
• Calculation: M = 450 ÷ 10
• Result: M = 45 million
• International Format: 45,000,000
• Verification: 45 × 10 = 450 lakhs ✓
🔢 Numbering System Comparison
| Value | Indian System | International System | Indian Format | International Format |
|---|---|---|---|---|
| 100,000 | Lakh | Hundred Thousand | 1,00,000 | 100,000 |
| 1,000,000 | Ten Lakh | Million | 10,00,000 | 1,000,000 |
| 10,000,000 | Crore | Ten Million | 1,00,00,000 | 10,000,000 |
| 100,000,000 | Ten Crore | Hundred Million | 10,00,00,000 | 100,000,000 |
| 1,000,000,000 | Hundred Crore | Billion | 1,00,00,00,000 | 1,000,000,000 |
🌍 Real-World Applications
NRI (Non-Resident Indian) Investments: NRIs earning in dollars, euros, or pounds need to convert when investing in Indian real estate or securities. A $600,000 property in the US equals approximately ₹5 crores (500 lakhs or 50 million), essential for comparing investment opportunities.
International Business with India: Western companies doing business in India must understand Indian financial statements. A contract worth $10 million equals ₹83 crores (approximately 830 lakhs), crucial for negotiations and budgeting.
Real Estate Transactions: Indian property prices are quoted in lakhs while international buyers think in millions. A Mumbai apartment at ₹2 crores (200 lakhs) equals approximately $2.4 million (20 million rupees), helping foreign investors compare markets.
Salary and Compensation Packages: Multinational companies in India offer packages in lakhs while global standards use millions. An annual package of ₹50 lakhs equals $60,000 (5 million rupees), essential for international HR benchmarking.
Stock Market and Investments: Indian companies report market caps in crores/lakhs while international investors use millions/billions. Reliance Industries' market cap of ₹17 lakh crores equals approximately $2 trillion (170 million crores).
Remittances and Money Transfers: Indians working abroad sending money home convert between currencies and numbering systems. Sending $50,000 (approximately ₹41.5 lakhs or 4.15 million) requires understanding both systems for accurate transfers.
Educational Expenses Abroad: Indian students studying internationally budget in lakhs for fees quoted in thousands of dollars. Annual tuition of $50,000 equals approximately ₹41.5 lakhs (4.15 million), crucial for financial planning.
⚡ Quick Reference: Common Conversions
| Context | Millions | Lakhs | Example |
|---|---|---|---|
| Small apartment (India) | 0.6 M | 6 L (₹50L) | Tier-2 city property |
| Luxury apartment | 2.4 M | 24 L (₹2Cr) | Mumbai/Delhi property |
| Entry-level salary | 0.06 M | 0.6 L (₹5L p.a.) | Fresh graduate |
| Mid-career salary | 0.18 M | 1.8 L (₹15L p.a.) | 5-10 years experience |
| Executive package | 0.6 M | 6 L (₹50L p.a.) | Senior management |
| Small business valuation | 6 M | 60 L (₹5Cr) | Startup/SME |
| NRI remittance | 0.6 M | 6 L (₹50L) | Annual family support |
| Study abroad cost | 0.6 M | 6 L (₹50L) | Full degree program |
❓ Frequently Asked Questions (FAQs)
💡 Conversion Tips and Best Practices
Tip 1 - Mental Math Shortcut: To quickly convert millions to lakhs, add a zero (multiply by 10). For example, 7 million becomes 70 lakhs. To convert lakhs to millions, remove a zero (divide by 10): 350 lakhs becomes 35 million.
Tip 2 - Remember the 1:10 Ratio: The consistent 1:10 ratio is your friend. Any million value multiplied by 10 gives lakhs; any lakh value divided by 10 gives millions. This simple relationship makes mental calculations easy.
Tip 3 - Crore as a Benchmark: Remember that 100 lakhs = 10 million = 1 crore. This three-way relationship helps when dealing with larger numbers. If someone mentions 5 crores, that's 500 lakhs or 50 million.
Tip 4 - Real Estate Context: In Indian real estate, properties under ₹1 crore are often quoted in lakhs (e.g., ₹75 lakhs), while above this, crores are used. For international comparison, convert to millions: ₹75L = 7.5M rupees ≈ $90,000 USD.
Tip 5 - Currency Clarification: When converting, always specify currency. "10 million" could mean 10 million USD ($10M) or 10 million rupees (₹1 crore = 100 lakhs). Context matters significantly for accurate financial communication.
Tip 6 - NRI Financial Planning: NRIs should maintain conversion awareness for both earning and spending calculations. Earning $120,000 (≈₹1 crore = 100 lakhs) provides context for Indian property purchases, family support, and investment decisions.
Tip 7 - Document Format Awareness: Indian financial documents use lakhs/crores with 3,2,2 comma placement. International documents use millions/billions with 3,3,3 placement. When reviewing contracts, verify which system is being used to avoid order-of-magnitude errors.
Tip 8 - Spreadsheet Formulas: In Excel or Google Sheets, create conversion cells. For millions to lakhs: =A1*10. For lakhs to millions: =A1/10. Apply consistent formatting to maintain clarity in financial models involving both systems.
Tip 9 - Verbal Communication: When discussing finances with mixed audiences (Indian and international), state both values: "The property costs ₹2 crores (200 lakhs or approximately $240,000 / 20 million rupees)" ensuring everyone understands the amount.