1.09× price rise
Average India inflation: 9.38% a year over 1 years. Prices did not double in this span. Highest year: 1988 (9.4%). Lowest: 1988 (9.4%).
| 1987 | in 1988 | 1988 amount in 1987 money |
|---|---|---|
| ₹1 | ₹1.09 | ₹0.91 |
| ₹10 | ₹10.94 | ₹9.14 |
| ₹100 | ₹109.38 | ₹91.42 |
| ₹1,000 | ₹1,093.83 | ₹914.21 |
| ₹10,000 | ₹10,938.35 | ₹9,142.15 |
| ₹100,000 | ₹109,383.47 | ₹91,421.49 |
The rupee averaged ₹12.95/USD in 1987 and ₹13.90/USD in 1988. ₹109 in 1988 is about $7.87; ₹100 in 1987 was about $7.72. Measured in dollars, the rupee amount went from $7.72 to $7.87.
| Year | Value | Inflation |
|---|---|---|
| 1987 | ₹100.00 | |
| 1988 | ₹109.38 | 9.4% |
₹100 in 1987 had about the same buying power as ₹109.38 in 1988, based on India consumer price index data.
About 9.38% per year, compounding to a 9.4% total rise in prices over 1 years.
1988 saw the largest annual rise in the index (9.4%); the lowest was 1988 (9.4%).