1.29× price rise
Average India inflation: 28.60% a year over 1 years. Prices did not double in this span. Highest year: 1974 (28.6%). Lowest: 1974 (28.6%).
| 1973 | in 1974 | 1974 amount in 1973 money |
|---|---|---|
| ₹1 | ₹1.29 | ₹0.78 |
| ₹10 | ₹12.86 | ₹7.78 |
| ₹100 | ₹128.60 | ₹77.76 |
| ₹1,000 | ₹1,285.99 | ₹777.61 |
| ₹10,000 | ₹12,859.87 | ₹7,776.13 |
| ₹100,000 | ₹128,598.73 | ₹77,761.26 |
The rupee averaged ₹7.66/USD in 1973 and ₹8.03/USD in 1974. ₹129 in 1974 is about $16.01; ₹100 in 1973 was about $13.06. Measured in dollars, the rupee amount went from $13.06 to $16.01.
| Year | Value | Inflation |
|---|---|---|
| 1973 | ₹100.00 | |
| 1974 | ₹128.60 | 28.6% |
₹100 in 1973 had about the same buying power as ₹128.60 in 1974, based on India consumer price index data.
About 28.60% per year, compounding to a 28.6% total rise in prices over 1 years.
1974 saw the largest annual rise in the index (28.6%); the lowest was 1974 (28.6%).