Slumdog Millionaire: how Much is 20 Million Rupees,Anyway?

20 million rupees. That’s a many cash, right? Well, kind of.

You are watching: 20 000 000 rupees to dollars


Slumdog Millionaire seems to be heading because that a big Oscar night, for this reason we assumed we’d take a closer look at the prize in ~ stake in the movie.

Without providing away also much, I can say that the protagonist is a contestant ~ above the Indian variation of the game present “Who desires to be a Millionaire,” whereby the cool prize is a chuck 20 million rupees. That’s a many cash, right?

Right?

Well, let’s take it a look, chai-wallah.

(Warning: Slumdog Millionaire “spoiler” to follow, together if the result of this movie were ever in doubt.)

Those 20 million rupees functions out to $436,020 in 2006 united state Dollars (the movie was collection in 2006, follow to the intro title card), less than half of the American game show’s equivalent.

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But America is a lot wealthier country than India. So just how do the game display grand prizes compare to the typical incomes of each country? no surprisingly, the Indian compensation is precious far much more to a common Indian 보다 the American compensation is come an American:

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How does this interpret into purchasing power? presume a approximately 29% tax price for both countries, the leftover cash ($

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309,137.88) would permit our previous chai-wallah come buy a fleet the 124 Tata People’s Cars in ~ $2,500 each. The American after-tax compensation ($709,000) would only buy 66 low-end Hyundai Accents in ~ $10,822 each:

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But say he determined to invest his to win in the Indian stock sector instead of blowing it every on customer goods. Exactly how would he have actually fared compared to one American stock investor?

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Since the center of 2006, both indexes have actually lost far-reaching value off of your peaks in late 2007/early 2008, but the Bombay stock Exchange has actually fared far better than the Dow together of this writing.

It appears no matter which way you cut it, the Slumdog gets the better end of the deal, also though his prize is smaller sized than the American equivalent in absolute terms. However this is every speculation. We have no method of knowing if Jamal lives a life free of financial worry, or if that blows his happiness on negative stocks and Tata cars. Unless…

Sequel, anyone?

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