2.44× price rise
Average India inflation: 8.45% a year over 11 years. Prices first doubled by 1982. Highest year: 1974 (28.6%). Lowest: 1976 (-7.6%).
| 1973 | in 1984 | 1984 amount in 1973 money |
|---|---|---|
| ₹1 | ₹2.44 | ₹0.41 |
| ₹10 | ₹24.41 | ₹4.10 |
| ₹100 | ₹244.07 | ₹40.97 |
| ₹1,000 | ₹2,440.72 | ₹409.72 |
| ₹10,000 | ₹24,407.16 | ₹4,097.16 |
| ₹100,000 | ₹244,071.55 | ₹40,971.59 |
The rupee averaged ₹7.66/USD in 1973 and ₹11.35/USD in 1984. ₹244 in 1984 is about $21.50; ₹100 in 1973 was about $13.06. Measured in dollars, the rupee amount went from $13.06 to $21.50.
| 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% |
| 1984 | ₹244.07 | 8.3% |
1973–1983 · 1973–1985 · All years
₹100 in 1973 had about the same buying power as ₹244.07 in 1984, based on India consumer price index data.
About 8.45% per year, compounding to a 144.1% total rise in prices over 11 years.
1974 saw the largest annual rise in the index (28.6%); the lowest was 1976 (-7.6%).