1.62× price rise
Average India inflation: 10.07% a year over 5 years. Prices did not double in this span. Highest year: 1981 (13.1%). Lowest: 1979 (6.3%).
| 1978 | in 1983 | 1983 amount in 1978 money |
|---|---|---|
| ₹1 | ₹1.62 | ₹0.62 |
| ₹10 | ₹16.16 | ₹6.19 |
| ₹100 | ₹161.55 | ₹61.90 |
| ₹1,000 | ₹1,615.51 | ₹619.00 |
| ₹10,000 | ₹16,155.11 | ₹6,189.99 |
| ₹100,000 | ₹161,551.12 | ₹61,899.91 |
The rupee averaged ₹8.20/USD in 1978 and ₹10.11/USD in 1983. ₹162 in 1983 is about $15.99; ₹100 in 1978 was about $12.20. Measured in dollars, the rupee amount went from $12.20 to $15.99.
| Year | Value | Inflation |
|---|---|---|
| 1978 | ₹100.00 | |
| 1979 | ₹106.28 | 6.3% |
| 1980 | ₹118.33 | 11.3% |
| 1981 | ₹133.85 | 13.1% |
| 1982 | ₹144.41 | 7.9% |
| 1983 | ₹161.55 | 11.9% |
1978–1982 · 1978–1984 · All years
₹100 in 1978 had about the same buying power as ₹161.55 in 1983, based on India consumer price index data.
About 10.07% per year, compounding to a 61.6% total rise in prices over 5 years.
1981 saw the largest annual rise in the index (13.1%); the lowest was 1979 (6.3%).