1.03× price rise
Average India inflation: 2.52% a year over 1 years. Prices did not double in this span. Highest year: 1978 (2.5%). Lowest: 1978 (2.5%).
| 1977 | in 1978 | 1978 amount in 1977 money |
|---|---|---|
| ₹1 | ₹1.03 | ₹0.98 |
| ₹10 | ₹10.25 | ₹9.75 |
| ₹100 | ₹102.52 | ₹97.54 |
| ₹1,000 | ₹1,025.23 | ₹975.39 |
| ₹10,000 | ₹10,252.30 | ₹9,753.90 |
| ₹100,000 | ₹102,523.05 | ₹97,539.04 |
The rupee averaged ₹8.77/USD in 1977 and ₹8.20/USD in 1978. ₹103 in 1978 is about $12.51; ₹100 in 1977 was about $11.41. Measured in dollars, the rupee amount went from $11.41 to $12.51.
| Year | Value | Inflation |
|---|---|---|
| 1977 | ₹100.00 | |
| 1978 | ₹102.52 | 2.5% |
₹100 in 1977 had about the same buying power as ₹102.52 in 1978, based on India consumer price index data.
About 2.52% per year, compounding to a 2.5% total rise in prices over 1 years.
1978 saw the largest annual rise in the index (2.5%); the lowest was 1978 (2.5%).