1.74× price rise
Average India inflation: 9.68% a year over 6 years. Prices did not double in this span. Highest year: 1991 (13.9%). Lowest: 1993 (6.3%).
| 1988 | in 1994 | 1994 amount in 1988 money |
|---|---|---|
| ₹1 | ₹1.74 | ₹0.57 |
| ₹10 | ₹17.41 | ₹5.74 |
| ₹100 | ₹174.11 | ₹57.44 |
| ₹1,000 | ₹1,741.07 | ₹574.36 |
| ₹10,000 | ₹17,410.66 | ₹5,743.61 |
| ₹100,000 | ₹174,106.64 | ₹57,436.06 |
The rupee averaged ₹13.90/USD in 1988 and ₹31.39/USD in 1994. ₹174 in 1994 is about $5.55; ₹100 in 1988 was about $7.19. Measured in dollars, the rupee amount went from $7.19 to $5.55.
| 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% |
| 1994 | ₹174.11 | 10.2% |
1988–1993 · 1988–1995 · All years
₹100 in 1988 had about the same buying power as ₹174.11 in 1994, based on India consumer price index data.
About 9.68% per year, compounding to a 74.1% total rise in prices over 6 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 1993 (6.3%).