3.05× price rise
Average India inflation: 8.29% a year over 14 years. Prices first doubled by 1982. Highest year: 1974 (28.6%). Lowest: 1976 (-7.6%).
| 1973 | in 1987 | 1987 amount in 1973 money |
|---|---|---|
| ₹1 | ₹3.05 | ₹0.33 |
| ₹10 | ₹30.48 | ₹3.28 |
| ₹100 | ₹304.78 | ₹32.81 |
| ₹1,000 | ₹3,047.78 | ₹328.11 |
| ₹10,000 | ₹30,477.79 | ₹3,281.08 |
| ₹100,000 | ₹304,777.92 | ₹32,810.78 |
The rupee averaged ₹7.66/USD in 1973 and ₹12.95/USD in 1987. ₹305 in 1987 is about $23.54; ₹100 in 1973 was about $13.06. Measured in dollars, the rupee amount went from $13.06 to $23.54.
| 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% |
| 1985 | ₹257.63 | 5.6% |
| 1986 | ₹280.12 | 8.7% |
| 1987 | ₹304.78 | 8.8% |
1973–1986 · 1973–1988 · All years
₹100 in 1973 had about the same buying power as ₹304.78 in 1987, based on India consumer price index data.
About 8.29% per year, compounding to a 204.8% total rise in prices over 14 years.
1974 saw the largest annual rise in the index (28.6%); the lowest was 1976 (-7.6%).