1 Crore Is How Much Usd

2 min read Jul 06, 2024
1 Crore Is How Much Usd

1 Crore is How Much USD?

In India and other countries that use the rupee as their currency, the term "crore" is often used to denote a large sum of money. But have you ever wondered how much 1 crore is in USD?

What is a Crore?

A crore is a unit in the Indian numbering system that is equal to 10 million or 100 lakh. It is often used to express large amounts of money, and is commonly used in financial transactions, business, and commerce.

1 Crore in USD

The value of 1 crore in USD depends on the current exchange rate between the Indian rupee (INR) and the US dollar (USD). As of the current date, the exchange rate is approximately 1 USD = 75 INR.

Using this exchange rate, we can calculate the value of 1 crore in USD as follows:

1 crore = 10,000,000 INR 1 crore = 10,000,000 INR / 75 INR/USD = approximately 133,333 USD

Variation in Exchange Rate

Please note that the exchange rate between the INR and USD can fluctuate frequently, so the value of 1 crore in USD may vary depending on the current exchange rate.

Conclusion

In conclusion, 1 crore is approximately equal to 133,333 USD, based on the current exchange rate. However, this value may change over time due to fluctuations in the exchange rate.

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