1.75× price rise
Average India inflation: 6.43% a year over 9 years. Prices did not double in this span. Highest year: 1981 (13.1%). Lowest: 1976 (-7.6%).
| 1974 | in 1983 | 1983 amount in 1974 money |
|---|---|---|
| ₹1 | ₹1.75 | ₹0.57 |
| ₹10 | ₹17.52 | ₹5.71 |
| ₹100 | ₹175.22 | ₹57.07 |
| ₹1,000 | ₹1,752.17 | ₹570.72 |
| ₹10,000 | ₹17,521.70 | ₹5,707.21 |
| ₹100,000 | ₹175,216.98 | ₹57,072.09 |
The rupee averaged ₹8.03/USD in 1974 and ₹10.11/USD in 1983. ₹175 in 1983 is about $17.34; ₹100 in 1974 was about $12.45. Measured in dollars, the rupee amount went from $12.45 to $17.34.
| 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% |
| 1980 | ₹128.34 | 11.3% |
| 1981 | ₹145.17 | 13.1% |
| 1982 | ₹156.63 | 7.9% |
| 1983 | ₹175.22 | 11.9% |
1974–1982 · 1974–1984 · All years
₹100 in 1974 had about the same buying power as ₹175.22 in 1983, based on India consumer price index data.
About 6.43% per year, compounding to a 75.2% total rise in prices over 9 years.
1981 saw the largest annual rise in the index (13.1%); the lowest was 1976 (-7.6%).