1.58× price rise
Average India inflation: 7.97% a year over 6 years. Prices did not double in this span. Highest year: 1988 (9.4%). Lowest: 1985 (5.6%).
| 1983 | in 1989 | 1989 amount in 1983 money |
|---|---|---|
| ₹1 | ₹1.58 | ₹0.63 |
| ₹10 | ₹15.84 | ₹6.31 |
| ₹100 | ₹158.42 | ₹63.12 |
| ₹1,000 | ₹1,584.19 | ₹631.24 |
| ₹10,000 | ₹15,841.91 | ₹6,312.37 |
| ₹100,000 | ₹158,419.07 | ₹63,123.71 |
The rupee averaged ₹10.11/USD in 1983 and ₹16.21/USD in 1989. ₹158 in 1989 is about $9.77; ₹100 in 1983 was about $9.90. Measured in dollars, the rupee amount went from $9.90 to $9.77.
| 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% |
| 1989 | ₹158.42 | 7.1% |
1983–1988 · 1983–1990 · All years
₹100 in 1983 had about the same buying power as ₹158.42 in 1989, based on India consumer price index data.
About 7.97% per year, compounding to a 58.4% total rise in prices over 6 years.
1988 saw the largest annual rise in the index (9.4%); the lowest was 1985 (5.6%).