1.79× price rise
Average India inflation: 8.71% a year over 7 years. Prices did not double in this span. Highest year: 1981 (13.1%). Lowest: 1978 (2.5%).
| 1976 | in 1983 | 1983 amount in 1976 money |
|---|---|---|
| ₹1 | ₹1.79 | ₹0.56 |
| ₹10 | ₹17.94 | ₹5.57 |
| ₹100 | ₹179.39 | ₹55.75 |
| ₹1,000 | ₹1,793.87 | ₹557.46 |
| ₹10,000 | ₹17,938.66 | ₹5,574.55 |
| ₹100,000 | ₹179,386.56 | ₹55,745.54 |
The rupee averaged ₹8.97/USD in 1976 and ₹10.11/USD in 1983. ₹179 in 1983 is about $17.75; ₹100 in 1976 was about $11.15. Measured in dollars, the rupee amount went from $11.15 to $17.75.
| Year | Value | Inflation |
|---|---|---|
| 1976 | ₹100.00 | |
| 1977 | ₹108.31 | 8.3% |
| 1978 | ₹111.04 | 2.5% |
| 1979 | ₹118.01 | 6.3% |
| 1980 | ₹131.40 | 11.3% |
| 1981 | ₹148.63 | 13.1% |
| 1982 | ₹160.36 | 7.9% |
| 1983 | ₹179.39 | 11.9% |
1976–1982 · 1976–1984 · All years
₹100 in 1976 had about the same buying power as ₹179.39 in 1983, based on India consumer price index data.
About 8.71% per year, compounding to a 79.4% total rise in prices over 7 years.
1981 saw the largest annual rise in the index (13.1%); the lowest was 1978 (2.5%).