2.24× price rise
Average India inflation: 8.40% a year over 10 years. Prices first doubled by 1986. Highest year: 1981 (13.1%). Lowest: 1978 (2.5%).
| 1977 | in 1987 | 1987 amount in 1977 money |
|---|---|---|
| ₹1 | ₹2.24 | ₹0.45 |
| ₹10 | ₹22.40 | ₹4.46 |
| ₹100 | ₹224.03 | ₹44.64 |
| ₹1,000 | ₹2,240.28 | ₹446.37 |
| ₹10,000 | ₹22,402.79 | ₹4,463.73 |
| ₹100,000 | ₹224,027.89 | ₹44,637.30 |
The rupee averaged ₹8.77/USD in 1977 and ₹12.95/USD in 1987. ₹224 in 1987 is about $17.30; ₹100 in 1977 was about $11.41. Measured in dollars, the rupee amount went from $11.41 to $17.30.
| 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% |
| 1985 | ₹189.37 | 5.6% |
| 1986 | ₹205.91 | 8.7% |
| 1987 | ₹224.03 | 8.8% |
1977–1986 · 1977–1988 · All years
₹100 in 1977 had about the same buying power as ₹224.03 in 1987, based on India consumer price index data.
About 8.40% per year, compounding to a 124.0% total rise in prices over 10 years.
1981 saw the largest annual rise in the index (13.1%); the lowest was 1978 (2.5%).