3 ms·

Yep! That's why you might hear of Lakhs or Crores in Indian forex contexts. 1 Lakh: 10,00,000 1 Crore: 10,00,00,000

hangonhn 6y ago
Is there a reason for that other than just tradition/history? Sometimes when things differ from our norms, there may be a reason or an advantage that we are unaware of. Just curious. Thanks in advance!
- anthropodie 6y ago
  Recently even YouTube switched to this numbering system. For some reason I prefer old one for view count but I cannot see myself counting money in millions/billions anytime soon.
- muststopmyths 6y ago
  >Is there a reason for that other than just tradition/history? Probably not. Just like the Japanese number system (as distinct from counters for objects) where 1000/10000 are special units. Even in English, the counting was not consistent. Isn't billion supposed to be 1 million million in the UK ? Lots of the urban population in India is adopting US millions and billions in everyday language too, so I'm sure the global American monoculture will eventually overwhelm the local counters at some point.
  - lotsofpulp 6y ago
    I don’t know anyone in England that means million million when they say billion, especially people working in finance or tech. I wonder if there even are any places that still use billion = million million. https://en.wikipedia.org/wiki/Billion https://en.wikipedia.org/wiki/Billion > American English adopted the short scale definition from the French.[3] The United Kingdom used the long scale billion until 1974, when the government officially switched to the short scale, but since the 1950s the short scale had already been increasingly used in technical writing and journalism; the long scale definition still enjoys some limited usage in the UK.[4]
    - MandieD 6y ago
      Germany. 10^9 is “Milliarde”, 10^12 is “Billion”.
      - deleted 6y ago
        [deleted]
- naruvimama 6y ago
  One advantage is that while talking about money, payslip and wealth it would fall neatly within this range especially in Indian rupees. For instance for an average developer the pay scale would be in lakhs and mortgage in crores.
dpacmittal 6y ago
That's 10 lakhs and 10 crores
- abalaji 6y ago
  Duh! Yeah, I accidentally added an extra zero and cannot edit it. Thanks for pointing that out.

Is there a reason for that other than just tradition/history? Sometimes when things differ from our norms, there may be a reason or an advantage that we are unaware of. Just curious. Thanks in advance!

anthropodie 6y ago
Recently even YouTube switched to this numbering system. For some reason I prefer old one for view count but I cannot see myself counting money in millions/billions anytime soon.
muststopmyths 6y ago
>Is there a reason for that other than just tradition/history? Probably not. Just like the Japanese number system (as distinct from counters for objects) where 1000/10000 are special units. Even in English, the counting was not consistent. Isn't billion supposed to be 1 million million in the UK ? Lots of the urban population in India is adopting US millions and billions in everyday language too, so I'm sure the global American monoculture will eventually overwhelm the local counters at some point.
- lotsofpulp 6y ago
  I don’t know anyone in England that means million million when they say billion, especially people working in finance or tech. I wonder if there even are any places that still use billion = million million. https://en.wikipedia.org/wiki/Billion https://en.wikipedia.org/wiki/Billion > American English adopted the short scale definition from the French.[3] The United Kingdom used the long scale billion until 1974, when the government officially switched to the short scale, but since the 1950s the short scale had already been increasingly used in technical writing and journalism; the long scale definition still enjoys some limited usage in the UK.[4]
  - MandieD 6y ago
    Germany. 10^9 is “Milliarde”, 10^12 is “Billion”.
    - deleted 6y ago
      [deleted]
naruvimama 6y ago
One advantage is that while talking about money, payslip and wealth it would fall neatly within this range especially in Indian rupees. For instance for an average developer the pay scale would be in lakhs and mortgage in crores.

dpacmittal 6y ago

That's 10 lakhs and 10 crores

abalaji 6y ago
Duh! Yeah, I accidentally added an extra zero and cannot edit it. Thanks for pointing that out.