How Many Dollars Are Equal to One Lakh?
Last Updated Mar 28, 2020 7:34:47 AM ET

One lakh, equivalent to 100,000 rupees, is equal to $1498.21 U.S. dollars. The lakh is a Hindi term used throughout southern Asia to describe 100,000 of something, but it commonly refers specifically to large sums of rupees, the currency of India.
The lakh is used in official contexts in India, Pakistan, Myanmar, Nepal, Bangladesh and Sri Lanka. The singular and plural of lakh are inconsistent when the word is used in Indian or Pakistani English; the pluralizing "s" can be placed on the word "lakh" or omitted. "Five lakhs of rupees" and "five lakh of rupees" would both be correct.
More From Reference

From Cannabis Slang to Celebration: The History of 420

What Is Product Orientation? Activities, Examples & Companies

What Is Delimitation in Research? Examples of Scope & Delimitation

Why Does Massachusetts Celebrate Patriots' Day With the Boston Marathon?

Ireland Vacation Castles: Where to Stay and What to Tour

Fact Check: Is the COVID-19 Vaccine Safe?