1.18× price rise
Average India inflation: 8.78% a year over 2 years. Prices did not double in this span. Highest year: 1980 (11.3%). Lowest: 1979 (6.3%).
| 1978 | in 1980 | 1980 amount in 1978 money |
|---|---|---|
| ₹1 | ₹1.18 | ₹0.85 |
| ₹10 | ₹11.83 | ₹8.45 |
| ₹100 | ₹118.33 | ₹84.51 |
| ₹1,000 | ₹1,183.34 | ₹845.07 |
| ₹10,000 | ₹11,833.38 | ₹8,450.67 |
| ₹100,000 | ₹118,333.80 | ₹84,506.71 |
The rupee averaged ₹8.20/USD in 1978 and ₹7.89/USD in 1980. ₹118 in 1980 is about $15.01; ₹100 in 1978 was about $12.20. Measured in dollars, the rupee amount went from $12.20 to $15.01.
| Year | Value | Inflation |
|---|---|---|
| 1978 | ₹100.00 | |
| 1979 | ₹106.28 | 6.3% |
| 1980 | ₹118.33 | 11.3% |
1978–1979 · 1978–1981 · All years
₹100 in 1978 had about the same buying power as ₹118.33 in 1980, based on India consumer price index data.
About 8.78% per year, compounding to a 18.3% total rise in prices over 2 years.
1980 saw the largest annual rise in the index (11.3%); the lowest was 1979 (6.3%).