1.79× price rise
Average India inflation: 7.55% a year over 8 years. Prices did not double in this span. Highest year: 1974 (28.6%). Lowest: 1976 (-7.6%).
| 1970 | in 1978 | 1978 amount in 1970 money |
|---|---|---|
| ₹1 | ₹1.79 | ₹0.56 |
| ₹10 | ₹17.90 | ₹5.59 |
| ₹100 | ₹178.96 | ₹55.88 |
| ₹1,000 | ₹1,789.60 | ₹558.78 |
| ₹10,000 | ₹17,896.03 | ₹5,587.83 |
| ₹100,000 | ₹178,960.27 | ₹55,878.32 |
| Year | Value | Inflation |
|---|---|---|
| 1970 | ₹100.00 | |
| 1971 | ₹103.08 | 3.1% |
| 1972 | ₹109.72 | 6.4% |
| 1973 | ₹128.31 | 16.9% |
| 1974 | ₹165.00 | 28.6% |
| 1975 | ₹174.49 | 5.7% |
| 1976 | ₹161.17 | -7.6% |
| 1977 | ₹174.56 | 8.3% |
| 1978 | ₹178.96 | 2.5% |
1970–1977 · 1970–1979 · All years
₹100 in 1970 had about the same buying power as ₹178.96 in 1978, based on India consumer price index data.
About 7.55% per year, compounding to a 79.0% total rise in prices over 8 years.
1974 saw the largest annual rise in the index (28.6%); the lowest was 1976 (-7.6%).