Yes, 1 billion is the same as one thousand million.
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one million
Assuming one billion is equal to one thousand million, 456 million is equal to 456/1000 = 0.456 billion.
One billion is 1,000,000,000. one thousand is 1,000. Divide 1,000 into 1,000,000,000 and the result is 1,000,000 (one million) therefore there are one million thousands in one billion. Until fairly recently one billion was refered to as one thousand million.
a billion is more than a million. One thousand millions go into a billion. So, .001 Billions are equal to 1 million.
In the modern-day universally recognized system, one billion is equal to 1,000,000,000 or one thousand million. -outdated- In the traditional Commonwealth form, one billion is equal to 1,000,000,000,000, or one million million.