2.39× price rise
Average India inflation: 9.10% a year over 10 years. Prices first doubled by 1986. Highest year: 1981 (13.1%). Lowest: 1985 (5.6%).
| 1978 | in 1988 | 1988 amount in 1978 money |
|---|---|---|
| ₹1 | ₹2.39 | ₹0.42 |
| ₹10 | ₹23.90 | ₹4.18 |
| ₹100 | ₹239.02 | ₹41.84 |
| ₹1,000 | ₹2,390.19 | ₹418.38 |
| ₹10,000 | ₹23,901.89 | ₹4,183.77 |
| ₹100,000 | ₹239,018.92 | ₹41,837.69 |
The rupee averaged ₹8.20/USD in 1978 and ₹13.90/USD in 1988. ₹239 in 1988 is about $17.19; ₹100 in 1978 was about $12.20. Measured in dollars, the rupee amount went from $12.20 to $17.19.
| 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% |
| 1984 | ₹174.99 | 8.3% |
| 1985 | ₹184.71 | 5.6% |
| 1986 | ₹200.84 | 8.7% |
| 1987 | ₹218.51 | 8.8% |
| 1988 | ₹239.02 | 9.4% |
1978–1987 · 1978–1989 · All years
₹100 in 1978 had about the same buying power as ₹239.02 in 1988, based on India consumer price index data.
About 9.10% per year, compounding to a 139.0% total rise in prices over 10 years.
1981 saw the largest annual rise in the index (13.1%); the lowest was 1985 (5.6%).