2.43× price rise
Average India inflation: 8.39% a year over 11 years. Prices first doubled by 1985. Highest year: 1981 (13.1%). Lowest: 1978 (2.5%).
| 1976 | in 1987 | 1987 amount in 1976 money |
|---|---|---|
| ₹1 | ₹2.43 | ₹0.41 |
| ₹10 | ₹24.26 | ₹4.12 |
| ₹100 | ₹242.64 | ₹41.21 |
| ₹1,000 | ₹2,426.39 | ₹412.14 |
| ₹10,000 | ₹24,263.89 | ₹4,121.35 |
| ₹100,000 | ₹242,638.94 | ₹41,213.50 |
The rupee averaged ₹8.97/USD in 1976 and ₹12.95/USD in 1987. ₹243 in 1987 is about $18.74; ₹100 in 1976 was about $11.15. Measured in dollars, the rupee amount went from $11.15 to $18.74.
| 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% |
| 1984 | ₹194.31 | 8.3% |
| 1985 | ₹205.11 | 5.6% |
| 1986 | ₹223.01 | 8.7% |
| 1987 | ₹242.64 | 8.8% |
1976–1986 · 1976–1988 · All years
₹100 in 1976 had about the same buying power as ₹242.64 in 1987, based on India consumer price index data.
About 8.39% per year, compounding to a 142.6% total rise in prices over 11 years.
1981 saw the largest annual rise in the index (13.1%); the lowest was 1978 (2.5%).