1.29× price rise
Average India inflation: 8.97% a year over 3 years. Prices did not double in this span. Highest year: 1988 (9.4%). Lowest: 1986 (8.7%).
| 1985 | in 1988 | 1988 amount in 1985 money |
|---|---|---|
| ₹1 | ₹1.29 | ₹0.77 |
| ₹10 | ₹12.94 | ₹7.73 |
| ₹100 | ₹129.40 | ₹77.28 |
| ₹1,000 | ₹1,294.00 | ₹772.80 |
| ₹10,000 | ₹12,939.97 | ₹7,727.99 |
| ₹100,000 | ₹129,399.73 | ₹77,279.91 |
The rupee averaged ₹12.34/USD in 1985 and ₹13.90/USD in 1988. ₹129 in 1988 is about $9.31; ₹100 in 1985 was about $8.10. Measured in dollars, the rupee amount went from $8.10 to $9.31.
| Year | Value | Inflation |
|---|---|---|
| 1985 | ₹100.00 | |
| 1986 | ₹108.73 | 8.7% |
| 1987 | ₹118.30 | 8.8% |
| 1988 | ₹129.40 | 9.4% |
1985–1987 · 1985–1989 · All years
₹100 in 1985 had about the same buying power as ₹129.40 in 1988, based on India consumer price index data.
About 8.97% per year, compounding to a 29.4% total rise in prices over 3 years.
1988 saw the largest annual rise in the index (9.4%); the lowest was 1986 (8.7%).