1.74× price rise
Average India inflation: 8.20% a year over 7 years. Prices did not double in this span. Highest year: 1974 (28.6%). Lowest: 1976 (-7.6%).
| 1971 | in 1978 | 1978 amount in 1971 money |
|---|---|---|
| ₹1 | ₹1.74 | ₹0.58 |
| ₹10 | ₹17.36 | ₹5.76 |
| ₹100 | ₹173.61 | ₹57.60 |
| ₹1,000 | ₹1,736.13 | ₹575.99 |
| ₹10,000 | ₹17,361.31 | ₹5,759.93 |
| ₹100,000 | ₹173,613.09 | ₹57,599.34 |
| Year | Value | Inflation |
|---|---|---|
| 1971 | ₹100.00 | |
| 1972 | ₹106.44 | 6.4% |
| 1973 | ₹124.47 | 16.9% |
| 1974 | ₹160.07 | 28.6% |
| 1975 | ₹169.27 | 5.7% |
| 1976 | ₹156.35 | -7.6% |
| 1977 | ₹169.34 | 8.3% |
| 1978 | ₹173.61 | 2.5% |
1971–1977 · 1971–1979 · All years
₹100 in 1971 had about the same buying power as ₹173.61 in 1978, based on India consumer price index data.
About 8.20% per year, compounding to a 73.6% total rise in prices over 7 years.
1974 saw the largest annual rise in the index (28.6%); the lowest was 1976 (-7.6%).