1.08× price rise
Average India inflation: 2.05% a year over 4 years. Prices did not double in this span. Highest year: 1977 (8.3%). Lowest: 1976 (-7.6%).
| 1974 | in 1978 | 1978 amount in 1974 money |
|---|---|---|
| ₹1 | ₹1.08 | ₹0.92 |
| ₹10 | ₹10.85 | ₹9.22 |
| ₹100 | ₹108.46 | ₹92.20 |
| ₹1,000 | ₹1,084.59 | ₹922.01 |
| ₹10,000 | ₹10,845.92 | ₹9,220.06 |
| ₹100,000 | ₹108,459.16 | ₹92,200.60 |
The rupee averaged ₹8.03/USD in 1974 and ₹8.20/USD in 1978. ₹108 in 1978 is about $13.23; ₹100 in 1974 was about $12.45. Measured in dollars, the rupee amount went from $12.45 to $13.23.
| Year | Value | Inflation |
|---|---|---|
| 1974 | ₹100.00 | |
| 1975 | ₹105.75 | 5.7% |
| 1976 | ₹97.68 | -7.6% |
| 1977 | ₹105.79 | 8.3% |
| 1978 | ₹108.46 | 2.5% |
1974–1977 · 1974–1979 · All years
₹100 in 1974 had about the same buying power as ₹108.46 in 1978, based on India consumer price index data.
About 2.05% per year, compounding to a 8.5% total rise in prices over 4 years.
1977 saw the largest annual rise in the index (8.3%); the lowest was 1976 (-7.6%).