1.39× price rise
Average India inflation: 6.88% a year over 5 years. Prices did not double in this span. Highest year: 1974 (28.6%). Lowest: 1976 (-7.6%).
| 1973 | in 1978 | 1978 amount in 1973 money |
|---|---|---|
| ₹1 | ₹1.39 | ₹0.72 |
| ₹10 | ₹13.95 | ₹7.17 |
| ₹100 | ₹139.48 | ₹71.70 |
| ₹1,000 | ₹1,394.77 | ₹716.96 |
| ₹10,000 | ₹13,947.71 | ₹7,169.64 |
| ₹100,000 | ₹139,477.11 | ₹71,696.35 |
The rupee averaged ₹7.66/USD in 1973 and ₹8.20/USD in 1978. ₹139 in 1978 is about $17.02; ₹100 in 1973 was about $13.06. Measured in dollars, the rupee amount went from $13.06 to $17.02.
| Year | Value | Inflation |
|---|---|---|
| 1973 | ₹100.00 | |
| 1974 | ₹128.60 | 28.6% |
| 1975 | ₹135.99 | 5.7% |
| 1976 | ₹125.61 | -7.6% |
| 1977 | ₹136.04 | 8.3% |
| 1978 | ₹139.48 | 2.5% |
1973–1977 · 1973–1979 · All years
₹100 in 1973 had about the same buying power as ₹139.48 in 1978, based on India consumer price index data.
About 6.88% per year, compounding to a 39.5% total rise in prices over 5 years.
1974 saw the largest annual rise in the index (28.6%); the lowest was 1976 (-7.6%).