3.33× price rise
Average India inflation: 8.36% a year over 15 years. Prices first doubled by 1982. Highest year: 1974 (28.6%). Lowest: 1976 (-7.6%).
| 1973 | in 1988 | 1988 amount in 1973 money |
|---|---|---|
| ₹1 | ₹3.33 | ₹0.30 |
| ₹10 | ₹33.34 | ₹3.00 |
| ₹100 | ₹333.38 | ₹30.00 |
| ₹1,000 | ₹3,333.77 | ₹299.96 |
| ₹10,000 | ₹33,337.67 | ₹2,999.61 |
| ₹100,000 | ₹333,376.67 | ₹29,996.10 |
The rupee averaged ₹7.66/USD in 1973 and ₹13.90/USD in 1988. ₹333 in 1988 is about $23.98; ₹100 in 1973 was about $13.06. Measured in dollars, the rupee amount went from $13.06 to $23.98.
| 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% |
| 1988 | ₹333.38 | 9.4% |
1973–1987 · 1973–1989 · All years
₹100 in 1973 had about the same buying power as ₹333.38 in 1988, based on India consumer price index data.
About 8.36% per year, compounding to a 233.4% total rise in prices over 15 years.
1974 saw the largest annual rise in the index (28.6%); the lowest was 1976 (-7.6%).