1.07× price rise
Average India inflation: 7.07% a year over 1 years. Prices did not double in this span. Highest year: 1989 (7.1%). Lowest: 1989 (7.1%).
| 1988 | in 1989 | 1989 amount in 1988 money |
|---|---|---|
| ₹1 | ₹1.07 | ₹0.93 |
| ₹10 | ₹10.71 | ₹9.34 |
| ₹100 | ₹107.07 | ₹93.39 |
| ₹1,000 | ₹1,070.74 | ₹933.93 |
| ₹10,000 | ₹10,707.43 | ₹9,339.31 |
| ₹100,000 | ₹107,074.28 | ₹93,393.11 |
The rupee averaged ₹13.90/USD in 1988 and ₹16.21/USD in 1989. ₹107 in 1989 is about $6.61; ₹100 in 1988 was about $7.19. Measured in dollars, the rupee amount went from $7.19 to $6.61.
| Year | Value | Inflation |
|---|---|---|
| 1988 | ₹100.00 | |
| 1989 | ₹107.07 | 7.1% |
₹100 in 1988 had about the same buying power as ₹107.07 in 1989, based on India consumer price index data.
About 7.07% per year, compounding to a 7.1% total rise in prices over 1 years.
1989 saw the largest annual rise in the index (7.1%); the lowest was 1989 (7.1%).