6.58× price rise
Average India inflation: 8.17% a year over 24 years. Prices first doubled by 1985. Highest year: 1991 (13.9%). Lowest: 1976 (-7.6%).
| 1974 | in 1998 | 1998 amount in 1974 money |
|---|---|---|
| ₹1 | ₹6.58 | ₹0.15 |
| ₹10 | ₹65.79 | ₹1.52 |
| ₹100 | ₹657.88 | ₹15.20 |
| ₹1,000 | ₹6,578.75 | ₹152.00 |
| ₹10,000 | ₹65,787.54 | ₹1,520.04 |
| ₹100,000 | ₹657,875.37 | ₹15,200.45 |
The rupee averaged ₹8.03/USD in 1974 and ₹41.33/USD in 1998. ₹658 in 1998 is about $15.92; ₹100 in 1974 was about $12.45. Measured in dollars, the rupee amount went from $12.45 to $15.92.
| 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% |
| 1989 | ₹277.58 | 7.1% |
| 1990 | ₹302.48 | 9.0% |
| 1991 | ₹344.43 | 13.9% |
| 1992 | ₹385.04 | 11.8% |
| 1993 | ₹409.40 | 6.3% |
| 1994 | ₹451.35 | 10.2% |
| 1995 | ₹497.50 | 10.2% |
| 1996 | ₹542.16 | 9.0% |
| 1997 | ₹581.00 | 7.2% |
| 1998 | ₹657.88 | 13.2% |
1974–1997 · 1974–1999 · All years
₹100 in 1974 had about the same buying power as ₹657.88 in 1998, based on India consumer price index data.
About 8.17% per year, compounding to a 557.9% total rise in prices over 24 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 1976 (-7.6%).