6.74× price rise
Average India inflation: 9.06% a year over 22 years. Prices first doubled by 1985. Highest year: 1991 (13.9%). Lowest: 1978 (2.5%).
| 1976 | in 1998 | 1998 amount in 1976 money |
|---|---|---|
| ₹1 | ₹6.74 | ₹0.15 |
| ₹10 | ₹67.35 | ₹1.48 |
| ₹100 | ₹673.53 | ₹14.85 |
| ₹1,000 | ₹6,735.31 | ₹148.47 |
| ₹10,000 | ₹67,353.06 | ₹1,484.71 |
| ₹100,000 | ₹673,530.57 | ₹14,847.14 |
The rupee averaged ₹8.97/USD in 1976 and ₹41.33/USD in 1998. ₹674 in 1998 is about $16.30; ₹100 in 1976 was about $11.15. Measured in dollars, the rupee amount went from $11.15 to $16.30.
| 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% |
| 1989 | ₹284.18 | 7.1% |
| 1990 | ₹309.68 | 9.0% |
| 1991 | ₹352.63 | 13.9% |
| 1992 | ₹394.20 | 11.8% |
| 1993 | ₹419.14 | 6.3% |
| 1994 | ₹462.09 | 10.2% |
| 1995 | ₹509.34 | 10.2% |
| 1996 | ₹555.06 | 9.0% |
| 1997 | ₹594.83 | 7.2% |
| 1998 | ₹673.53 | 13.2% |
1976–1997 · 1976–1999 · All years
₹100 in 1976 had about the same buying power as ₹673.53 in 1998, based on India consumer price index data.
About 9.06% per year, compounding to a 573.5% total rise in prices over 22 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 1978 (2.5%).