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Conversion of 1 Billion in Rupees – A Brief Introduction

One billion is a Natural Number. One billion contains 9 zeros. You can represent one billion as 1,000,000,000 in numbers. 999,999,999 come just before one billion, and 1,000,000,001 comes just after one billion. It is represented by b or bn while writing.  

Let’s know about the conversion process of 1 billion in rupees.

Facts About the Big Billion!

Before understanding the conversion process, let’s know some more facts about billion:

  • One billion is also known as one thousand million or one milliard. 
  • Factorisation of one billion is 29.  
  • It can be represented in binary by 1110111001101011001010000000002. 
  • If we write same in ternary, it will be written as 21202002000210100013. In octal, it can be written as 73465450008. 
  • In duodecimal, it will be 23AA9385412. And in hexadecimal, it will be 3B9ACA0016. 
  • We can also write it as 1 * 109, where 109 indicates 1,000,000,000 times the base unit 10. 
  • The symbol used to represent billion is B. In geometry and geology, one billion years are called aeon. 
  • In old times, British people used billion as similar to million which is 1,000,000,000,000. 

But nowadays, it’s not in practice anymore, and one billion equals one thousand million, which is 1,000,000,000, has been accepted as the standard norm. Sometimes the term milliard is also used to represent 1,000,000,000. 

The word billion is written and represented in different ways in different languages. For example, in South Asia, it is known as 100 crores or 1 Arab. 1,000,000,000 is also the cube of 1000.  

Introduction of Rupees

A rupee is the official currency of India. The code used to represent rupees is INR. One rupee is equal to 100 paise. Usually, in normal day to day life, one rupee is the lowest denomination of value. The Reserve Bank of India, also known as RBI, controls the issuance of the currency. 

The Reserve Bank of India has also managed currency in India and has done currency management since 1934. Rupees are printed by Security Printing and Minting Corporation of India Limited. Official users of currency rupees are India, Bhutan, and Nepal. Unofficially Zimbabwe also uses rupees as currency. 

  • The denominations like 10 rupees, 20 rupees, 50 rupees, 100 rupees, 200 rupees, 500 rupees, and 2000 rupees notes are frequently used in day to day life. 
  • While the denominations like 1 rupee, 2 rupees, and 5 rupees notes are used less frequently. 
  • In the form of coins, the denominations like 1 rupee, 2 rupees, 5 rupees, and 10 rupees are most commonly used. 
  • Previously there has been more denomination of coins were used. 
  • They happen to be of even smaller value like 50 paise, 20 paise, 10 paise, 5 paise, 2 paise and 1 paisa.
  • In 2010, a new rupee sign was adopted, which was designed by D. Uday Kumar. It is a combination of R and devnagri consonant ra. Previously Rs or Re was used to represent Indian Rupees.

Conversion of 1 Billion in Rupees

It is very important to know how to convert billion into rupees. In rupees, one billion equals 10,000 Lakhs because we normally use tens, hundreds, thousands, and ten thousand in day to day life. Billion and million are a bit unusual to use for us because they might confuse us. That’s why we need to convert billion into simpler forms. 

One billion rupees is written as 1,000,000,000. So we can say one billion rupees is equal to 1,000,000,000 rupees. And likewise, with the help of the same, we can easily convert any number represented by billion into rupees.

Solved Examples

Our standard form for this conversation is,

1 Billion = 1,000,000,000

We will use the above form and convert different numbers written in billions to rupees. For example,

1.2 Billion = 1,200,000,000

1.5 Billion = 1,500,000,000

1.8 Billion = 1,800,000,000

2 Billion = 2,000,000,000

4 Billion = 4,000,000,000

5 Billion = 5,000,000,000

5.2 Billion = 5,200,000,000

7.5 Billion = 7,500,000,000

9.8 Billion = 9,800,000,000

10 Billion = 10,000,000,000

15.5 Billion = 15,500,000,000

50 Billion = 50,000,000,000

75.2 Billion = 75,200,000,000

100 Billion = 100,000,000,000

125.8 Billion = 125,800,000,000 and likewise you can convert any billion numbers into rupees easily.

Conclusion 

In this article, we discussed the billion number system with detailed analysis and required information. We have also discussed Indian rupees and their denominations with a brief introduction. We learnt how to convert billion into rupees with good examples. We hope this article made you know everything about billion to rupees conversation.

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