2.45× price rise
Average India inflation: 9.38% a year over 10 years. Prices first doubled by 1995. Highest year: 1991 (13.9%). Lowest: 1993 (6.3%).
| 1987 | in 1997 | 1997 amount in 1987 money |
|---|---|---|
| ₹1 | ₹2.45 | ₹0.41 |
| ₹10 | ₹24.52 | ₹4.08 |
| ₹100 | ₹245.15 | ₹40.79 |
| ₹1,000 | ₹2,451.50 | ₹407.91 |
| ₹10,000 | ₹24,515.01 | ₹4,079.13 |
| ₹100,000 | ₹245,150.11 | ₹40,791.33 |
The rupee averaged ₹12.95/USD in 1987 and ₹36.36/USD in 1997. ₹245 in 1997 is about $6.74; ₹100 in 1987 was about $7.72. Measured in dollars, the rupee amount went from $7.72 to $6.74.
| 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% |
| 1994 | ₹190.44 | 10.2% |
| 1995 | ₹209.92 | 10.2% |
| 1996 | ₹228.76 | 9.0% |
| 1997 | ₹245.15 | 7.2% |
1987–1996 · 1987–1998 · All years
₹100 in 1987 had about the same buying power as ₹245.15 in 1997, based on India consumer price index data.
About 9.38% per year, compounding to a 145.2% total rise in prices over 10 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 1993 (6.3%).