3.32× price rise
Average India inflation: 8.94% a year over 14 years. Prices first doubled by 1992. Highest year: 1991 (13.9%). Lowest: 1985 (5.6%).
| 1983 | in 1997 | 1997 amount in 1983 money |
|---|---|---|
| ₹1 | ₹3.32 | ₹0.30 |
| ₹10 | ₹33.16 | ₹3.02 |
| ₹100 | ₹331.59 | ₹30.16 |
| ₹1,000 | ₹3,315.91 | ₹301.58 |
| ₹10,000 | ₹33,159.10 | ₹3,015.76 |
| ₹100,000 | ₹331,590.97 | ₹30,157.64 |
The rupee averaged ₹10.11/USD in 1983 and ₹36.36/USD in 1997. ₹332 in 1997 is about $9.12; ₹100 in 1983 was about $9.90. Measured in dollars, the rupee amount went from $9.90 to $9.12.
| 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% |
| 1990 | ₹172.63 | 9.0% |
| 1991 | ₹196.58 | 13.9% |
| 1992 | ₹219.75 | 11.8% |
| 1993 | ₹233.65 | 6.3% |
| 1994 | ₹257.60 | 10.2% |
| 1995 | ₹283.93 | 10.2% |
| 1996 | ₹309.42 | 9.0% |
| 1997 | ₹331.59 | 7.2% |
1983–1996 · 1983–1998 · All years
₹100 in 1983 had about the same buying power as ₹331.59 in 1997, based on India consumer price index data.
About 8.94% per year, compounding to a 231.6% total rise in prices over 14 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 1985 (5.6%).