1.15× price rise
Average India inflation: 2.88% a year over 5 years. Prices did not double in this span. Highest year: 1977 (8.3%). Lowest: 1976 (-7.6%).
| 1974 | in 1979 | 1979 amount in 1974 money |
|---|---|---|
| ₹1 | ₹1.15 | ₹0.87 |
| ₹10 | ₹11.53 | ₹8.68 |
| ₹100 | ₹115.27 | ₹86.76 |
| ₹1,000 | ₹1,152.66 | ₹867.56 |
| ₹10,000 | ₹11,526.57 | ₹8,675.61 |
| ₹100,000 | ₹115,265.71 | ₹86,756.07 |
The rupee averaged ₹8.03/USD in 1974 and ₹8.16/USD in 1979. ₹115 in 1979 is about $14.13; ₹100 in 1974 was about $12.45. Measured in dollars, the rupee amount went from $12.45 to $14.13.
| 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% |
| 1979 | ₹115.27 | 6.3% |
1974–1978 · 1974–1980 · All years
₹100 in 1974 had about the same buying power as ₹115.27 in 1979, based on India consumer price index data.
About 2.88% per year, compounding to a 15.3% total rise in prices over 5 years.
1977 saw the largest annual rise in the index (8.3%); the lowest was 1976 (-7.6%).