1.48× price rise
Average India inflation: 8.15% a year over 5 years. Prices did not double in this span. Highest year: 1988 (9.4%). Lowest: 1985 (5.6%).
| 1983 | in 1988 | 1988 amount in 1983 money |
|---|---|---|
| ₹1 | ₹1.48 | ₹0.68 |
| ₹10 | ₹14.80 | ₹6.76 |
| ₹100 | ₹147.95 | ₹67.59 |
| ₹1,000 | ₹1,479.52 | ₹675.89 |
| ₹10,000 | ₹14,795.25 | ₹6,758.93 |
| ₹100,000 | ₹147,952.50 | ₹67,589.26 |
The rupee averaged ₹10.11/USD in 1983 and ₹13.90/USD in 1988. ₹148 in 1988 is about $10.64; ₹100 in 1983 was about $9.90. Measured in dollars, the rupee amount went from $9.90 to $10.64.
| Year | Value | Inflation |
|---|---|---|
| 1983 | ₹100.00 | |
| 1984 | ₹108.32 | 8.3% |
| 1985 | ₹114.34 | 5.6% |
| 1986 | ₹124.32 | 8.7% |
| 1987 | ₹135.26 | 8.8% |
| 1988 | ₹147.95 | 9.4% |
1983–1987 · 1983–1989 · All years
₹100 in 1983 had about the same buying power as ₹147.95 in 1988, based on India consumer price index data.
About 8.15% per year, compounding to a 48.0% total rise in prices over 5 years.
1988 saw the largest annual rise in the index (9.4%); the lowest was 1985 (5.6%).