1.26× price rise
Average India inflation: 7.90% a year over 3 years. Prices did not double in this span. Highest year: 1974 (28.6%). Lowest: 1976 (-7.6%).
| 1973 | in 1976 | 1976 amount in 1973 money |
|---|---|---|
| ₹1 | ₹1.26 | ₹0.80 |
| ₹10 | ₹12.56 | ₹7.96 |
| ₹100 | ₹125.61 | ₹79.61 |
| ₹1,000 | ₹1,256.10 | ₹796.12 |
| ₹10,000 | ₹12,560.97 | ₹7,961.17 |
| ₹100,000 | ₹125,609.65 | ₹79,611.72 |
The rupee averaged ₹7.66/USD in 1973 and ₹8.97/USD in 1976. ₹126 in 1976 is about $14.00; ₹100 in 1973 was about $13.06. Measured in dollars, the rupee amount went from $13.06 to $14.00.
| Year | Value | Inflation |
|---|---|---|
| 1973 | ₹100.00 | |
| 1974 | ₹128.60 | 28.6% |
| 1975 | ₹135.99 | 5.7% |
| 1976 | ₹125.61 | -7.6% |
1973–1975 · 1973–1977 · All years
₹100 in 1973 had about the same buying power as ₹125.61 in 1976, based on India consumer price index data.
About 7.90% per year, compounding to a 25.6% total rise in prices over 3 years.
1974 saw the largest annual rise in the index (28.6%); the lowest was 1976 (-7.6%).