1.24× price rise
Average India inflation: 11.39% a year over 2 years. Prices did not double in this span. Highest year: 1991 (13.9%). Lowest: 1990 (9.0%).
| 1989 | in 1991 | 1991 amount in 1989 money |
|---|---|---|
| ₹1 | ₹1.24 | ₹0.81 |
| ₹10 | ₹12.41 | ₹8.06 |
| ₹100 | ₹124.09 | ₹80.59 |
| ₹1,000 | ₹1,240.86 | ₹805.89 |
| ₹10,000 | ₹12,408.58 | ₹8,058.94 |
| ₹100,000 | ₹124,085.81 | ₹80,589.39 |
The rupee averaged ₹16.21/USD in 1989 and ₹22.72/USD in 1991. ₹124 in 1991 is about $5.46; ₹100 in 1989 was about $6.17. Measured in dollars, the rupee amount went from $6.17 to $5.46.
| Year | Value | Inflation |
|---|---|---|
| 1989 | ₹100.00 | |
| 1990 | ₹108.97 | 9.0% |
| 1991 | ₹124.09 | 13.9% |
1989–1990 · 1989–1992 · All years
₹100 in 1989 had about the same buying power as ₹124.09 in 1991, based on India consumer price index data.
About 11.39% per year, compounding to a 24.1% total rise in prices over 2 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 1990 (9.0%).