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%).
| 1977 | in 1984 | 1984 amount in 1977 money |
|---|---|---|
| ₹1 | ₹1.79 | ₹0.56 |
| ₹10 | ₹17.94 | ₹5.57 |
| ₹100 | ₹179.41 | ₹55.74 |
| ₹1,000 | ₹1,794.05 | ₹557.40 |
| ₹10,000 | ₹17,940.55 | ₹5,573.97 |
| ₹100,000 | ₹179,405.50 | ₹55,739.65 |
The rupee averaged ₹8.77/USD in 1977 and ₹11.35/USD in 1984. ₹179 in 1984 is about $15.80; ₹100 in 1977 was about $11.41. Measured in dollars, the rupee amount went from $11.41 to $15.80.
| Year | Value | Inflation |
|---|---|---|
| 1977 | ₹100.00 | |
| 1978 | ₹102.52 | 2.5% |
| 1979 | ₹108.96 | 6.3% |
| 1980 | ₹121.32 | 11.3% |
| 1981 | ₹137.23 | 13.1% |
| 1982 | ₹148.06 | 7.9% |
| 1983 | ₹165.63 | 11.9% |
| 1984 | ₹179.41 | 8.3% |
1977–1983 · 1977–1985 · All years
₹100 in 1977 had about the same buying power as ₹179.41 in 1984, 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%).