1.79× price rise
Average India inflation: 8.64% a year over 7 years. Prices did not double in this span. Highest year: 1983 (11.9%). Lowest: 1985 (5.6%).
| 1981 | in 1988 | 1988 amount in 1981 money |
|---|---|---|
| ₹1 | ₹1.79 | ₹0.56 |
| ₹10 | ₹17.86 | ₹5.60 |
| ₹100 | ₹178.57 | ₹56.00 |
| ₹1,000 | ₹1,785.72 | ₹560.00 |
| ₹10,000 | ₹17,857.17 | ₹5,599.99 |
| ₹100,000 | ₹178,571.72 | ₹55,999.91 |
The rupee averaged ₹8.68/USD in 1981 and ₹13.90/USD in 1988. ₹179 in 1988 is about $12.84; ₹100 in 1981 was about $11.52. Measured in dollars, the rupee amount went from $11.52 to $12.84.
| Year | Value | Inflation |
|---|---|---|
| 1981 | ₹100.00 | |
| 1982 | ₹107.89 | 7.9% |
| 1983 | ₹120.70 | 11.9% |
| 1984 | ₹130.74 | 8.3% |
| 1985 | ₹138.00 | 5.6% |
| 1986 | ₹150.05 | 8.7% |
| 1987 | ₹163.25 | 8.8% |
| 1988 | ₹178.57 | 9.4% |
1981–1987 · 1981–1989 · All years
₹100 in 1981 had about the same buying power as ₹178.57 in 1988, based on India consumer price index data.
About 8.64% per year, compounding to a 78.6% total rise in prices over 7 years.
1983 saw the largest annual rise in the index (11.9%); the lowest was 1985 (5.6%).