2.66× price rise
Average India inflation: 9.29% a year over 11 years. Prices first doubled by 1996. Highest year: 1991 (13.9%). Lowest: 1999 (4.7%).
| 1988 | in 1999 | 1999 amount in 1988 money |
|---|---|---|
| ₹1 | ₹2.66 | ₹0.38 |
| ₹10 | ₹26.56 | ₹3.76 |
| ₹100 | ₹265.62 | ₹37.65 |
| ₹1,000 | ₹2,656.24 | ₹376.47 |
| ₹10,000 | ₹26,562.36 | ₹3,764.73 |
| ₹100,000 | ₹265,623.56 | ₹37,647.26 |
The rupee averaged ₹13.90/USD in 1988 and ₹43.12/USD in 1999. ₹266 in 1999 is about $6.16; ₹100 in 1988 was about $7.19. Measured in dollars, the rupee amount went from $7.19 to $6.16.
| 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% |
| 1995 | ₹191.91 | 10.2% |
| 1996 | ₹209.14 | 9.0% |
| 1997 | ₹224.12 | 7.2% |
| 1998 | ₹253.77 | 13.2% |
| 1999 | ₹265.62 | 4.7% |
1988–1998 · 1988–2000 · All years
₹100 in 1988 had about the same buying power as ₹265.62 in 1999, based on India consumer price index data.
About 9.29% per year, compounding to a 165.6% total rise in prices over 11 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 1999 (4.7%).