2.65× price rise
Average India inflation: 8.47% a year over 12 years. Prices first doubled by 1985. Highest year: 1981 (13.1%). Lowest: 1978 (2.5%).
| 1976 | in 1988 | 1988 amount in 1976 money |
|---|---|---|
| ₹1 | ₹2.65 | ₹0.38 |
| ₹10 | ₹26.54 | ₹3.77 |
| ₹100 | ₹265.41 | ₹37.68 |
| ₹1,000 | ₹2,654.07 | ₹376.78 |
| ₹10,000 | ₹26,540.69 | ₹3,767.80 |
| ₹100,000 | ₹265,406.89 | ₹37,678.00 |
The rupee averaged ₹8.97/USD in 1976 and ₹13.90/USD in 1988. ₹265 in 1988 is about $19.09; ₹100 in 1976 was about $11.15. Measured in dollars, the rupee amount went from $11.15 to $19.09.
| 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% |
| 1988 | ₹265.41 | 9.4% |
1976–1987 · 1976–1989 · All years
₹100 in 1976 had about the same buying power as ₹265.41 in 1988, based on India consumer price index data.
About 8.47% per year, compounding to a 165.4% total rise in prices over 12 years.
1981 saw the largest annual rise in the index (13.1%); the lowest was 1978 (2.5%).