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This is the Million to Lakh Converter. Start by entering some numbers.
Tip: You don't need to go from the top to the bottom.
You can calculate anything, in any order.
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MILLION TO LAKH CONVERTER

Created by Komal Rafay
Reviewed by Dominik Czernia, PhD and Jack Bowater

Last updated: Mar 18, 2024
0.5 Stars1 Star1.5 Stars2 Stars2.5 Stars3 Stars3.5 Stars4 Stars4.5 Stars5 Stars

Cite

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Table of contents:
 * Why convert millions to lakhs?
 * What is lakh? Lakh definition
 * Place value systems
 * How to convert million to lakhs?
 * FAQ



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You might not have realized it, but our million to lakh converter might be the
tool that has been missing in your life. Let's consider this, you might have
read or seen in the news that company X signed a $3 million deal with company Y,
or an engineer demanded Rs 80 Lakh (Rs - Indian Rupee) to complete the [steel
bridge project. You were left scratching your head, how much is a million, or
how many lakhs are in a million?

If this is your case, then our million to lakh converter is the tool you need!
It will even resolve your query of how to convert million to lakhs.




WHY CONVERT MILLIONS TO LAKHS?

Let's picture this: it's a Sunday afternoon, and you are sitting at home and
planning your next vacation. You look at your bank account and think how much
more you need to save to become a millionaire if you count your currency in the
Indian place-value system. All you need is to convert your savings from lakhs
into millions; before you know it, you are already a millionaire.

For instance, you decide to convert the 18 lakhs that you have in your account
to millions. You divide it by 10 to obtain 1.8 million. That deserves a pat on
the back because you are a millionaire already! Based on this newfound
information, you may want to set some saving goals using our savings goal
calculator.

The conversion ratio of millions to lakh is 1:10, meaning 1 million = 10 lakhs.
So the answer to your question, "1 million equals how many lakhs?" is 10.
But if you are confused or unsure about these two values, the difference between
these two digits is really only in their place values, which you will learn in
detail in the next section.


WHAT IS LAKH? LAKH DEFINITION

We have already talked so much about why we should convert million to lakh and
lakh to million, but what is lakh, what does lakh mean, and most importantly,
what is lakh in India? These are just a few of the many questions that relate to
lakh. So, the first thing would be to learn the definition of lakh. Lakh is a
unit in the Indian place-value system that is equal to a hundred thousand. It is
written as 1,00,000.

It originated in India and was initially used to represent a stake in gambling.
You might find yourself in a situation where you don't have the number written
in front of you but need to know how many zeros in 1 lakh, then you should know
1 lakh has 5 zeros.

So, now if your teacher unexpectedly asks, "How much is 1 lakh or how many zeros
are there in 5 lakhs?" You can proudly raise your hand and answer the questions.


PLACE VALUE SYSTEMS

Place value is the value of each digit in a number based upon the digit's
position. For instance, the number 222222 has the same digits twice, but they
differ in value. Twenty-two comprises of 20+220 + 220+2. A two in the ones place
and the other two in the tens place, making it twenty.

In our million to lakh converter, we focus on two place value systems:

 * International place value system
   
   The international place value system is the numeral system used all around
   the globe except for a few countries which use, e.g., the Indian place-value
   system. The counting is ones, tens, hundreds, thousands, millions, and
   billions. The number 2,345,674 reads as two million, three hundred and
   forty-five thousand, six hundred and seventy-four in the international
   place-value system.

 * Indian place-value system
   
   The countries using the Indian place-value system are Bangladesh, Bhutan,
   India, Maldives, Nepal, Sri Lanka, and Pakistan. The counting is in ones or
   units, tens, hundreds, thousands, and lakhs. In the Indian place-value
   system, we read the number 23,45,674 as twenty-three lakhs, forty-five
   thousand, six hundred and seventy-four.

International system

Indian system

Example

Ones

Ones

9

Tens

Tens

8

Hundreds

Hundreds

7

Thousands

Thousands

6

Ten thousands

Ten thousands

5

Hundred thousand

Lakhs

4

Millions

Ten lakhs

3

Now let's consider the number given in the example column of the table.

3456789 this number can be written in two different ways.

 * International system, 3,456,789 - 3 million, 4 hundred 56 thousand, 7 hundred
   and thirty-nine.

 * Indian system, 34,56,789 - 34 lakhs, 56 thousand, 7 hundred and thirty-nine.
   Notice the difference in the placement of periods. That is what makes the two
   numbers different visually, although numerically, they represent the same
   amount.

To read about more place values and convert other digits, check out our crore to
million converter.


HOW TO CONVERT MILLION TO LAKHS?

We know that 1 million is equal to 10 lakhs, making that conversion easier to
understand and do bidirectionally:

 * Million to lakhs conversion
   
   The conversion of millions to lakhs is a fairly simple calculation to make.
   The formula is:
   
   lakhs=millions×10\text{lakhs} = \text{millions} \times 10lakhs=millions×10
   
   For instance, if you want to convert 6 million to lakhs, multiply 6 by 10,
   and the answer is 60 lakh.

 * Lakhs to million conversion
   
   Since we know that the ratio of million to lakh is 1:10, we can switch the
   formula for million to lakh conversion and convert lakh to million.
   
   millions =lakhs /10\text{millions } = \text{lakhs } / 10millions =lakhs /10
   
   For instance, if you want to convert 75 lakh to millions, divide 75 by 10,
   and the answer is 7.5 million.

So now, if you ever need to, you know how to convert million to lakhs and vice
versa at your fingertips.

And if you are still curious about more place value figures, you may check out
our crore to lakh converter.


FAQ


1 MILLION IS EQUAL TO HOW MANY LAKHS?

1 million is equal to 10 lakhs.

If you need to convert any number in millions to lakh, remember the conversion
ratio is 1:10, by multiplying any number given in millions by 10, you are
converting it to lakhs.


20 MILLION IS EQUAL TO HOW MANY LAKHS?

20 million is equal to 200 hundred lakhs. The conversion ratio of million to
lakh is 1:10.

So, you can simply multiply your amount in millions by 10 and you will get the
amount in lakhs.


HOW MUCH IS 1 LAKH?

1 lakh is equal to 1 hundred thousand. Numerically both are the same number but
represent different place-value systems.

One lakh is used in the Indian place-value system, whereas its international
place value counterpart is called one hundred thousand.
1,00,000 = 100,000


1 LAKH HAS HOW MANY ZEROS?

There are 5 zeros in 1 lakh. It is also called a hundred thousand in the
international system.

It is used in some countries for counting currency/numbers. India , Pakistan,
Nepal, Sri Lanka, Bangladesh, Bhutan and the Maldeves are the countries which
use the Indian place-value system.

Komal Rafay



Million(s)
M

Lakh(s)
L


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