₹100 in 1988 is worth ₹409.44 in 2008

4.09× price rise

Average India inflation: 7.30% a year over 20 years. Prices first doubled by 1996. Highest year: 1991 (13.9%). Lowest: 2004 (3.8%).

Converter

1988in 20082008 amount in 1988 money
₹1₹4.09₹0.24
₹10₹40.94₹2.44
₹100₹409.44₹24.42
₹1,000₹4,094.43₹244.23
₹10,000₹40,944.33₹2,442.34
₹100,000₹409,443.33₹24,423.40

Same span in US dollars

The rupee averaged ₹13.90/USD in 1988 and ₹43.41/USD in 2008. ₹409 in 2008 is about $9.43; ₹100 in 1988 was about $7.19. Measured in dollars, the rupee amount went from $7.19 to $9.43.

Year by year (value of ₹100 from 1988)

YearValueInflation
1988₹100.00
1989₹107.077.1%
1990₹116.689.0%
1991₹132.8613.9%
1992₹148.5311.8%
1993₹157.926.3%
1994₹174.1110.2%
1995₹191.9110.2%
1996₹209.149.0%
1997₹224.127.2%
1998₹253.7713.2%
1999₹265.624.7%
2000₹276.274.0%
2001₹286.713.8%
2002₹299.044.3%
2003₹310.423.8%
2004₹322.113.8%
2005₹335.794.2%
2006₹355.255.8%
2007₹377.896.4%
2008₹409.448.3%

1988–2007 · 1988–2009 · All years

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How much is ₹100 from 1988 worth in 2008?

₹100 in 1988 had about the same buying power as ₹409.44 in 2008, based on India consumer price index data.

What was the average inflation rate in India from 1988 to 2008?

About 7.30% per year, compounding to a 309.4% total rise in prices over 20 years.

Which year between 1988 and 2008 had the highest inflation?

1991 saw the largest annual rise in the index (13.9%); the lowest was 2004 (3.8%).


Historical statistics for education only. Not investment advice. US CPI: U.S. Bureau of Labor Statistics CPI-U (public domain), annual averages; 2026 = Sep 2026 index. India CPI: World Bank WDI FP.CPI.TOTL (source IMF IFS), licensed CC BY 4.0. INR/USD: Federal Reserve Board H.10. Sources & method · Embed this calculator · BacktestCard