1.18× price rise
Average India inflation: 5.67% a year over 3 years. Prices did not double in this span. Highest year: 1977 (8.3%). Lowest: 1978 (2.5%).
| 1976 | in 1979 | 1979 amount in 1976 money |
|---|---|---|
| ₹1 | ₹1.18 | ₹0.85 |
| ₹10 | ₹11.80 | ₹8.47 |
| ₹100 | ₹118.01 | ₹84.74 |
| ₹1,000 | ₹1,180.09 | ₹847.40 |
| ₹10,000 | ₹11,800.86 | ₹8,473.96 |
| ₹100,000 | ₹118,008.65 | ₹84,739.55 |
The rupee averaged ₹8.97/USD in 1976 and ₹8.16/USD in 1979. ₹118 in 1979 is about $14.47; ₹100 in 1976 was about $11.15. Measured in dollars, the rupee amount went from $11.15 to $14.47.
| Year | Value | Inflation |
|---|---|---|
| 1976 | ₹100.00 | |
| 1977 | ₹108.31 | 8.3% |
| 1978 | ₹111.04 | 2.5% |
| 1979 | ₹118.01 | 6.3% |
1976–1978 · 1976–1980 · All years
₹100 in 1976 had about the same buying power as ₹118.01 in 1979, based on India consumer price index data.
About 5.67% per year, compounding to a 18.0% total rise in prices over 3 years.
1977 saw the largest annual rise in the index (8.3%); the lowest was 1978 (2.5%).