Nearly 34% of India's population lives on less than 100 rupees ($1.2) a day, according to the latest household consumption expenditure survey. Further, 47.3% of Indians manage with less than 200 rupees ($2.4) daily. Combined, these figures account for 81.1% of the population living under this threshold.
The modern word lakh derives from Sanskrit: लक्ष, romanized: lakṣa, originally denoting "mark, target, stake in gambling", but also used as the numeral for "100,000" in Gupta-era Classical Sanskrit (Yājñavalkya Smṛti, Harivaṃśa).
Established in 1540, the Indian rupee is the official currency in India. Symbolised by a ₹ sign, with the ISO code INR, the rupee is one of the oldest continuously used currencies in the world, reflecting the rich history and heritage of India.
Our online currency converter is showing you the value of 100 US Dollar in Indian Rupees according to the current foreign exchange rate of INR 8822. Today i.e. Friday 29/08/2025 , for 100 US Dollar you get 8822 Indian Rupees.
500000 in words means expressing the number 500,000 using written English phrases instead of numerals. In the Indian number system, 500000 in words is written as Five Lakh. In the International system, the same number is called Five Hundred Thousand.
Rupees 500, in Indian Currency (~ 6 USD). Also, Just Enough money to buy a Medium Sized Pan Pizza for a single meal for two! Small Change for India's Middle-class Metropolitan Communities.
In surveys, most Indians say anyone earning over ₹1 lakh (100,000) per month—after taxes—seems rich to them. But that's far from the average. According to the latest household census and income tax records from 2024, only 7% of Indian households even touch that monthly figure.
Many hotels, upmarket restaurants, and shops allow you to pay by credit card. Smaller sellers only accept cash, so it's best to keep some rupee as a backup option. The most widely accepted cards In India are MasterCard and Visa. American Express is generally accepted by major hotels and restaurants.
The GBP / INR rate today is 119.0701 compared to yesterdays rate of 119.0701. This is a difference of 0.0000 which is a 0.00% change. At market rates, this means that yesterday £1000 was worth ₹119070.14 and today £1000 is worth ₹119070.14 which is a difference of ₹0.00. When is the best time to buy Indian Rupee?
If you prefer, you can simply head into your local eurochange branch to buy your Indian rupees in person by exchanging GBP for INR. With over 240 eurochange branches located across the UK, buying your INR direct from the branch is quick and easy! Find your local branch with our branch finder.
If you're visiting India, you can bring cash, travellers cheques (in British pounds or another foreign currency) or a bank card with you and exchange or withdraw rupees in India. You must declare any amount above 5,000 US dollars in notes, or 10,000 US dollars in notes and travellers cheques combined.
For higher powers of ten, naming diverges. The Indian system uses names for every second power of ten: lakh (105), crore (107), arab (109), kharab (1011), etc. In the rest of the world, long and short scales, there are names for every third power of ten.
The Kuwaiti Dinar (KWD) has consistently maintained its position as the highest-valued currency globally. Introduced in 1960, it is the official currency of Kuwait.
One dollar equals 100 cents. Dollars are in paper notes called bills and come in $100, $50, $20, $10, $5 and $1. Cents come in coins. If you'd like to sound like a true American, these coins are called a quarter (25 cents), a dime (10 cents), a nickel (5 cents) and a penny (1 cent).