0.98× price rise
Average India inflation: -1.17% a year over 2 years. Prices did not double in this span. Highest year: 1975 (5.7%). Lowest: 1976 (-7.6%).
| 1974 | in 1976 | 1976 amount in 1974 money |
|---|---|---|
| ₹1 | ₹0.98 | ₹1.02 |
| ₹10 | ₹9.77 | ₹10.24 |
| ₹100 | ₹97.68 | ₹102.38 |
| ₹1,000 | ₹976.76 | ₹1,023.80 |
| ₹10,000 | ₹9,767.57 | ₹10,237.97 |
| ₹100,000 | ₹97,675.65 | ₹102,379.66 |
The rupee averaged ₹8.03/USD in 1974 and ₹8.97/USD in 1976. ₹98 in 1976 is about $10.89; ₹100 in 1974 was about $12.45. Measured in dollars, the rupee amount went from $12.45 to $10.89.
| Year | Value | Inflation |
|---|---|---|
| 1974 | ₹100.00 | |
| 1975 | ₹105.75 | 5.7% |
| 1976 | ₹97.68 | -7.6% |
1974–1975 · 1974–1977 · All years
₹100 in 1974 had about the same buying power as ₹97.68 in 1976, based on India consumer price index data.
About -1.17% per year, compounding to a -2.3% total rise in prices over 2 years.
1975 saw the largest annual rise in the index (5.7%); the lowest was 1976 (-7.6%).