1.95× price rise
Average India inflation: 10.04% a year over 7 years. Prices did not double in this span. Highest year: 1991 (13.9%). Lowest: 1993 (6.3%).
| 1989 | in 1996 | 1996 amount in 1989 money |
|---|---|---|
| ₹1 | ₹1.95 | ₹0.51 |
| ₹10 | ₹19.53 | ₹5.12 |
| ₹100 | ₹195.32 | ₹51.20 |
| ₹1,000 | ₹1,953.19 | ₹511.98 |
| ₹10,000 | ₹19,531.94 | ₹5,119.82 |
| ₹100,000 | ₹195,319.36 | ₹51,198.20 |
The rupee averaged ₹16.21/USD in 1989 and ₹35.52/USD in 1996. ₹195 in 1996 is about $5.50; ₹100 in 1989 was about $6.17. Measured in dollars, the rupee amount went from $6.17 to $5.50.
| Year | Value | Inflation |
|---|---|---|
| 1989 | ₹100.00 | |
| 1990 | ₹108.97 | 9.0% |
| 1991 | ₹124.09 | 13.9% |
| 1992 | ₹138.71 | 11.8% |
| 1993 | ₹147.49 | 6.3% |
| 1994 | ₹162.60 | 10.2% |
| 1995 | ₹179.23 | 10.2% |
| 1996 | ₹195.32 | 9.0% |
1989–1995 · 1989–1997 · All years
₹100 in 1989 had about the same buying power as ₹195.32 in 1996, based on India consumer price index data.
About 10.04% per year, compounding to a 95.3% total rise in prices over 7 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 1993 (6.3%).