1.58× price rise
Average India inflation: 9.57% a year over 5 years. Prices did not double in this span. Highest year: 1991 (13.9%). Lowest: 1993 (6.3%).
| 1988 | in 1993 | 1993 amount in 1988 money |
|---|---|---|
| ₹1 | ₹1.58 | ₹0.63 |
| ₹10 | ₹15.79 | ₹6.33 |
| ₹100 | ₹157.92 | ₹63.32 |
| ₹1,000 | ₹1,579.23 | ₹633.22 |
| ₹10,000 | ₹15,792.28 | ₹6,332.21 |
| ₹100,000 | ₹157,922.81 | ₹63,322.07 |
The rupee averaged ₹13.90/USD in 1988 and ₹31.26/USD in 1993. ₹158 in 1993 is about $5.05; ₹100 in 1988 was about $7.19. Measured in dollars, the rupee amount went from $7.19 to $5.05.
| Year | Value | Inflation |
|---|---|---|
| 1988 | ₹100.00 | |
| 1989 | ₹107.07 | 7.1% |
| 1990 | ₹116.68 | 9.0% |
| 1991 | ₹132.86 | 13.9% |
| 1992 | ₹148.53 | 11.8% |
| 1993 | ₹157.92 | 6.3% |
1988–1992 · 1988–1994 · All years
₹100 in 1988 had about the same buying power as ₹157.92 in 1993, based on India consumer price index data.
About 9.57% per year, compounding to a 57.9% total rise in prices over 5 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 1993 (6.3%).