6.98× price rise
Average India inflation: 8.43% a year over 24 years. Prices first doubled by 1987. Highest year: 1991 (13.9%). Lowest: 2001 (3.8%).
| 1979 | in 2003 | 2003 amount in 1979 money |
|---|---|---|
| ₹1 | ₹6.98 | ₹0.14 |
| ₹10 | ₹69.81 | ₹1.43 |
| ₹100 | ₹698.14 | ₹14.32 |
| ₹1,000 | ₹6,981.40 | ₹143.24 |
| ₹10,000 | ₹69,814.03 | ₹1,432.38 |
| ₹100,000 | ₹698,140.33 | ₹14,323.77 |
The rupee averaged ₹8.16/USD in 1979 and ₹46.59/USD in 2003. ₹698 in 2003 is about $14.98; ₹100 in 1979 was about $12.26. Measured in dollars, the rupee amount went from $12.26 to $14.98.
| Year | Value | Inflation |
|---|---|---|
| 1979 | ₹100.00 | |
| 1980 | ₹111.35 | 11.3% |
| 1981 | ₹125.95 | 13.1% |
| 1982 | ₹135.88 | 7.9% |
| 1983 | ₹152.01 | 11.9% |
| 1984 | ₹164.66 | 8.3% |
| 1985 | ₹173.81 | 5.6% |
| 1986 | ₹188.98 | 8.7% |
| 1987 | ₹205.61 | 8.8% |
| 1988 | ₹224.90 | 9.4% |
| 1989 | ₹240.81 | 7.1% |
| 1990 | ₹262.42 | 9.0% |
| 1991 | ₹298.82 | 13.9% |
| 1992 | ₹334.04 | 11.8% |
| 1993 | ₹355.18 | 6.3% |
| 1994 | ₹391.57 | 10.2% |
| 1995 | ₹431.61 | 10.2% |
| 1996 | ₹470.36 | 9.0% |
| 1997 | ₹504.06 | 7.2% |
| 1998 | ₹570.75 | 13.2% |
| 1999 | ₹597.40 | 4.7% |
| 2000 | ₹621.35 | 4.0% |
| 2001 | ₹644.83 | 3.8% |
| 2002 | ₹672.54 | 4.3% |
| 2003 | ₹698.14 | 3.8% |
1979–2002 · 1979–2004 · All years
₹100 in 1979 had about the same buying power as ₹698.14 in 2003, based on India consumer price index data.
About 8.43% per year, compounding to a 598.1% total rise in prices over 24 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 2001 (3.8%).