1.17× price rise
Average India inflation: 8.02% a year over 2 years. Prices did not double in this span. Highest year: 1990 (9.0%). Lowest: 1989 (7.1%).
| 1988 | in 1990 | 1990 amount in 1988 money |
|---|---|---|
| ₹1 | ₹1.17 | ₹0.86 |
| ₹10 | ₹11.67 | ₹8.57 |
| ₹100 | ₹116.68 | ₹85.70 |
| ₹1,000 | ₹1,166.80 | ₹857.04 |
| ₹10,000 | ₹11,668.02 | ₹8,570.44 |
| ₹100,000 | ₹116,680.16 | ₹85,704.37 |
The rupee averaged ₹13.90/USD in 1988 and ₹17.50/USD in 1990. ₹117 in 1990 is about $6.67; ₹100 in 1988 was about $7.19. Measured in dollars, the rupee amount went from $7.19 to $6.67.
| Year | Value | Inflation |
|---|---|---|
| 1988 | ₹100.00 | |
| 1989 | ₹107.07 | 7.1% |
| 1990 | ₹116.68 | 9.0% |
1988–1989 · 1988–1991 · All years
₹100 in 1988 had about the same buying power as ₹116.68 in 1990, based on India consumer price index data.
About 8.02% per year, compounding to a 16.7% total rise in prices over 2 years.
1990 saw the largest annual rise in the index (9.0%); the lowest was 1989 (7.1%).