# Thousand to Lakh Converter

## Thousand to Lakh Converter

Thousand to Lakh Converter is a simple yet powerful online conversion calculator tool that helps you convert a thousand values into lakhs.

You must enter the thousand value in the input field, and then click on the ‘Convert’ button. This conversion tool will automatically convert and display the result to you.

For example, if you want to convert 45K into lakhs, you need to enter the value 45 in the input field and click on the ‘Convert’ button. After that, this tool will calculate and display the equivalent value in lakhs, which is 0.45 for this case.

Therefore, you will get 45K = 0.45L.

## Thousand Definition

A thousand is a unit in the International numbering system. It is written as 1000 and it consists of three zeros. The abbreviation used for thousand is ‘K’.

For example, 75,000 can be written as 75K.

## Lakh Definition

A lakh is a unit in the Indian numbering system. It is equal to 100 thousand in the International numbering system. It is written as 1,00,000 and it consists of five zeros. The abbreviation used for lakh is ‘lac’.

For example, 4,32,000 can be written as 4.32 lac.

## How to Convert Thousands to Lakhs?

The conversion formula used in thousand to lakh conversion is 1 Thousand = 0.01 Lakh.

where,

• L represents the value in Lakhs
• K represents the value in Thousands

## Examples

Solved Example 1: Convert 32K into lakh.

Number = 32K

Using the thousand to lakh conversion formula:

L = K/100 = 32/100 = 0.32 lac

Therefore, 32K = 0.32 lac.

Solved Example 2: How many lakhs are in 450K.

Number = 450K

Using the thousand to lakh conversion formula:

L = K/100 = 450/100 = 4.5 lac

Therefore, 450K = 4.5 lac.