1.06× price rise
Average India inflation: 1.89% a year over 3 years. Prices did not double in this span. Highest year: 1977 (8.3%). Lowest: 1976 (-7.6%).
| 1974 | in 1977 | 1977 amount in 1974 money |
|---|---|---|
| ₹1 | ₹1.06 | ₹0.95 |
| ₹10 | ₹10.58 | ₹9.45 |
| ₹100 | ₹105.79 | ₹94.53 |
| ₹1,000 | ₹1,057.90 | ₹945.27 |
| ₹10,000 | ₹10,579.00 | ₹9,452.69 |
| ₹100,000 | ₹105,790.03 | ₹94,526.87 |
The rupee averaged ₹8.03/USD in 1974 and ₹8.77/USD in 1977. ₹106 in 1977 is about $12.07; ₹100 in 1974 was about $12.45. Measured in dollars, the rupee amount went from $12.45 to $12.07.
| Year | Value | Inflation |
|---|---|---|
| 1974 | ₹100.00 | |
| 1975 | ₹105.75 | 5.7% |
| 1976 | ₹97.68 | -7.6% |
| 1977 | ₹105.79 | 8.3% |
1974–1976 · 1974–1978 · All years
₹100 in 1974 had about the same buying power as ₹105.79 in 1977, based on India consumer price index data.
About 1.89% per year, compounding to a 5.8% total rise in prices over 3 years.
1977 saw the largest annual rise in the index (8.3%); the lowest was 1976 (-7.6%).