500 thousand = 5 lakh
Five lakh · Five hundred thousand
1 thousand is 0.01 lakh, so to turn thousand into lakh, divide by 100. 500 thousand ÷ 100 = 5 lakh.
A handy way to remember it: 10 lakh = 1 million and 1 crore = 10 million, so 100 crore = 1 billion.
| Thousand | Lakh | Digits |
|---|---|---|
| 10 thousand | 0.1 lakh | 10,000 |
| 50 thousand | 0.5 lakh | 50,000 |
| 100 thousand | 1 lakh | 1,00,000 |
| 500 thousand | 5 lakh | 5,00,000 |