2.59× price rise
Average India inflation: 7.04% a year over 14 years. Prices first doubled by 1985. Highest year: 1981 (13.1%). Lowest: 1976 (-7.6%).
| 1974 | in 1988 | 1988 amount in 1974 money |
|---|---|---|
| ₹1 | ₹2.59 | ₹0.39 |
| ₹10 | ₹25.92 | ₹3.86 |
| ₹100 | ₹259.24 | ₹38.57 |
| ₹1,000 | ₹2,592.38 | ₹385.75 |
| ₹10,000 | ₹25,923.79 | ₹3,857.46 |
| ₹100,000 | ₹259,237.91 | ₹38,574.61 |
The rupee averaged ₹8.03/USD in 1974 and ₹13.90/USD in 1988. ₹259 in 1988 is about $18.65; ₹100 in 1974 was about $12.45. Measured in dollars, the rupee amount went from $12.45 to $18.65.
| 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% |
| 1984 | ₹189.79 | 8.3% |
| 1985 | ₹200.34 | 5.6% |
| 1986 | ₹217.83 | 8.7% |
| 1987 | ₹237.00 | 8.8% |
| 1988 | ₹259.24 | 9.4% |
1974–1987 · 1974–1989 · All years
₹100 in 1974 had about the same buying power as ₹259.24 in 1988, based on India consumer price index data.
About 7.04% per year, compounding to a 159.2% total rise in prices over 14 years.
1981 saw the largest annual rise in the index (13.1%); the lowest was 1976 (-7.6%).