3.40× price rise
Average India inflation: 7.94% a year over 16 years. Prices first doubled by 1995. Highest year: 1991 (13.9%). Lowest: 2001 (3.8%).
| 1987 | in 2003 | 2003 amount in 1987 money |
|---|---|---|
| ₹1 | ₹3.40 | ₹0.29 |
| ₹10 | ₹33.95 | ₹2.95 |
| ₹100 | ₹339.54 | ₹29.45 |
| ₹1,000 | ₹3,395.44 | ₹294.51 |
| ₹10,000 | ₹33,954.40 | ₹2,945.13 |
| ₹100,000 | ₹339,544.00 | ₹29,451.26 |
The rupee averaged ₹12.95/USD in 1987 and ₹46.59/USD in 2003. ₹340 in 2003 is about $7.29; ₹100 in 1987 was about $7.72. Measured in dollars, the rupee amount went from $7.72 to $7.29.
| 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% |
| 1998 | ₹277.59 | 13.2% |
| 1999 | ₹290.55 | 4.7% |
| 2000 | ₹302.20 | 4.0% |
| 2001 | ₹313.62 | 3.8% |
| 2002 | ₹327.10 | 4.3% |
| 2003 | ₹339.54 | 3.8% |
1987–2002 · 1987–2004 · All years
₹100 in 1987 had about the same buying power as ₹339.54 in 2003, based on India consumer price index data.
About 7.94% per year, compounding to a 239.5% total rise in prices over 16 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 2001 (3.8%).