3.47× price rise
Average India inflation: 9.29% a year over 14 years. Prices first doubled by 1992. Highest year: 1991 (13.9%). Lowest: 1985 (5.6%).
| 1984 | in 1998 | 1998 amount in 1984 money |
|---|---|---|
| ₹1 | ₹3.47 | ₹0.29 |
| ₹10 | ₹34.66 | ₹2.88 |
| ₹100 | ₹346.63 | ₹28.85 |
| ₹1,000 | ₹3,466.28 | ₹288.49 |
| ₹10,000 | ₹34,662.76 | ₹2,884.94 |
| ₹100,000 | ₹346,627.61 | ₹28,849.40 |
The rupee averaged ₹11.35/USD in 1984 and ₹41.33/USD in 1998. ₹347 in 1998 is about $8.39; ₹100 in 1984 was about $8.81. Measured in dollars, the rupee amount went from $8.81 to $8.39.
| Year | Value | Inflation |
|---|---|---|
| 1984 | ₹100.00 | |
| 1985 | ₹105.56 | 5.6% |
| 1986 | ₹114.77 | 8.7% |
| 1987 | ₹124.87 | 8.8% |
| 1988 | ₹136.59 | 9.4% |
| 1989 | ₹146.25 | 7.1% |
| 1990 | ₹159.37 | 9.0% |
| 1991 | ₹181.48 | 13.9% |
| 1992 | ₹202.87 | 11.8% |
| 1993 | ₹215.71 | 6.3% |
| 1994 | ₹237.81 | 10.2% |
| 1995 | ₹262.13 | 10.2% |
| 1996 | ₹285.66 | 9.0% |
| 1997 | ₹306.12 | 7.2% |
| 1998 | ₹346.63 | 13.2% |
1984–1997 · 1984–1999 · All years
₹100 in 1984 had about the same buying power as ₹346.63 in 1998, based on India consumer price index data.
About 9.29% per year, compounding to a 246.6% total rise in prices over 14 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 1985 (5.6%).