2.80× price rise
Average India inflation: 8.97% a year over 12 years. Prices first doubled by 1980. Highest year: 1974 (28.6%). Lowest: 1976 (-7.6%).
| 1971 | in 1983 | 1983 amount in 1971 money |
|---|---|---|
| ₹1 | ₹2.80 | ₹0.36 |
| ₹10 | ₹28.05 | ₹3.57 |
| ₹100 | ₹280.47 | ₹35.65 |
| ₹1,000 | ₹2,804.74 | ₹356.54 |
| ₹10,000 | ₹28,047.39 | ₹3,565.39 |
| ₹100,000 | ₹280,473.89 | ₹35,653.94 |
| 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% |
| 1979 | ₹184.51 | 6.3% |
| 1980 | ₹205.44 | 11.3% |
| 1981 | ₹232.38 | 13.1% |
| 1982 | ₹250.72 | 7.9% |
| 1983 | ₹280.47 | 11.9% |
1971–1982 · 1971–1984 · All years
₹100 in 1971 had about the same buying power as ₹280.47 in 1983, based on India consumer price index data.
About 8.97% per year, compounding to a 180.5% total rise in prices over 12 years.
1974 saw the largest annual rise in the index (28.6%); the lowest was 1976 (-7.6%).