2.25× price rise
Average India inflation: 8.46% a year over 10 years. Prices first doubled by 1982. Highest year: 1974 (28.6%). Lowest: 1976 (-7.6%).
| 1973 | in 1983 | 1983 amount in 1973 money |
|---|---|---|
| ₹1 | ₹2.25 | ₹0.44 |
| ₹10 | ₹22.53 | ₹4.44 |
| ₹100 | ₹225.33 | ₹44.38 |
| ₹1,000 | ₹2,253.27 | ₹443.80 |
| ₹10,000 | ₹22,532.68 | ₹4,438.00 |
| ₹100,000 | ₹225,326.82 | ₹44,379.98 |
The rupee averaged ₹7.66/USD in 1973 and ₹10.11/USD in 1983. ₹225 in 1983 is about $22.30; ₹100 in 1973 was about $13.06. Measured in dollars, the rupee amount went from $13.06 to $22.30.
| 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% |
| 1979 | ₹148.23 | 6.3% |
| 1980 | ₹165.05 | 11.3% |
| 1981 | ₹186.69 | 13.1% |
| 1982 | ₹201.42 | 7.9% |
| 1983 | ₹225.33 | 11.9% |
1973–1982 · 1973–1984 · All years
₹100 in 1973 had about the same buying power as ₹225.33 in 1983, based on India consumer price index data.
About 8.46% per year, compounding to a 125.3% total rise in prices over 10 years.
1974 saw the largest annual rise in the index (28.6%); the lowest was 1976 (-7.6%).