What does ‘1K’ or ‘1M’ mean?
In the digital world, 1K is used to refer to 1 thousand, and 1M is used to refer to 10 lakh. so when it says 18.5k it means 18,500. the letters act as a suffix to the numerals as a substitute for zeroes. Note that this does not apply with money as Million is according to US dollars and the currency conversion rates apply.
1K = 1,000 or One thousand
10K = 10,000 or Ten thousand
100K = 100,000 or Hundred thousand
1M = 1 Million or 10,00,000 or Ten lakhs
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