1.73× price rise
Average India inflation: 9.54% a year over 6 years. Prices did not double in this span. Highest year: 1991 (13.9%). Lowest: 1993 (6.3%).
| 1987 | in 1993 | 1993 amount in 1987 money |
|---|---|---|
| ₹1 | ₹1.73 | ₹0.58 |
| ₹10 | ₹17.27 | ₹5.79 |
| ₹100 | ₹172.74 | ₹57.89 |
| ₹1,000 | ₹1,727.41 | ₹578.90 |
| ₹10,000 | ₹17,274.15 | ₹5,789.00 |
| ₹100,000 | ₹172,741.46 | ₹57,889.98 |
The rupee averaged ₹12.95/USD in 1987 and ₹31.26/USD in 1993. ₹173 in 1993 is about $5.53; ₹100 in 1987 was about $7.72. Measured in dollars, the rupee amount went from $7.72 to $5.53.
| Year | Value | Inflation |
|---|---|---|
| 1987 | ₹100.00 | |
| 1988 | ₹109.38 | 9.4% |
| 1989 | ₹117.12 | 7.1% |
| 1990 | ₹127.63 | 9.0% |
| 1991 | ₹145.33 | 13.9% |
| 1992 | ₹162.46 | 11.8% |
| 1993 | ₹172.74 | 6.3% |
1987–1992 · 1987–1994 · All years
₹100 in 1987 had about the same buying power as ₹172.74 in 1993, based on India consumer price index data.
About 9.54% per year, compounding to a 72.7% total rise in prices over 6 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 1993 (6.3%).