1.19× price rise
Average India inflation: 9.09% a year over 2 years. Prices did not double in this span. Highest year: 1988 (9.4%). Lowest: 1987 (8.8%).
| 1986 | in 1988 | 1988 amount in 1986 money |
|---|---|---|
| ₹1 | ₹1.19 | ₹0.84 |
| ₹10 | ₹11.90 | ₹8.40 |
| ₹100 | ₹119.01 | ₹84.03 |
| ₹1,000 | ₹1,190.10 | ₹840.26 |
| ₹10,000 | ₹11,901.04 | ₹8,402.62 |
| ₹100,000 | ₹119,010.45 | ₹84,026.24 |
The rupee averaged ₹12.60/USD in 1986 and ₹13.90/USD in 1988. ₹119 in 1988 is about $8.56; ₹100 in 1986 was about $7.94. Measured in dollars, the rupee amount went from $7.94 to $8.56.
| Year | Value | Inflation |
|---|---|---|
| 1986 | ₹100.00 | |
| 1987 | ₹108.80 | 8.8% |
| 1988 | ₹119.01 | 9.4% |
1986–1987 · 1986–1989 · All years
₹100 in 1986 had about the same buying power as ₹119.01 in 1988, based on India consumer price index data.
About 9.09% per year, compounding to a 19.0% total rise in prices over 2 years.
1988 saw the largest annual rise in the index (9.4%); the lowest was 1987 (8.8%).