1 Billion US Dollar is Equal to How Many Crores?
Have you ever wondered how much 1 billion US dollars is equal to in crores? In this article, we will explore the answer to this question and provide a clear explanation.
What is a Crore?
Before we dive into the conversion, let's define what a crore is. A crore is a unit of measurement in the Indian numbering system, which is equivalent to 10 million (10,000,000). It is commonly used in India, Pakistan, and other countries in the region.
Conversion: 1 Billion USD to Crores
To convert 1 billion USD to crores, we need to know the current exchange rate between the US dollar and the Indian rupee. As of the current exchange rate (1 USD = 74 INR), we can do the following calculation:
1 billion USD = 1,000,000,000 USD 1 USD = 74 INR 1 billion USD = 1,000,000,000 x 74 = 74,000,000,000 INR
Now, to convert this amount to crores, we can divide the result by 10 million (since 1 crore = 10 million):
74,000,000,000 INR ÷ 10,000,000 = 7,400 crores
So, 1 billion US dollars is equal to approximately 7,400 crores.
Conclusion
In conclusion, 1 billion US dollars is equivalent to approximately 7,400 crores. This conversion is useful for individuals who need to exchange currency or understand the value of large amounts of money in different currencies.
