2.09× price rise
Average India inflation: 9.67% a year over 8 years. Prices first doubled by 1997. Highest year: 1991 (13.9%). Lowest: 1993 (6.3%).
| 1989 | in 1997 | 1997 amount in 1989 money |
|---|---|---|
| ₹1 | ₹2.09 | ₹0.48 |
| ₹10 | ₹20.93 | ₹4.78 |
| ₹100 | ₹209.31 | ₹47.78 |
| ₹1,000 | ₹2,093.13 | ₹477.75 |
| ₹10,000 | ₹20,931.25 | ₹4,777.54 |
| ₹100,000 | ₹209,312.53 | ₹47,775.45 |
The rupee averaged ₹16.21/USD in 1989 and ₹36.36/USD in 1997. ₹209 in 1997 is about $5.76; ₹100 in 1989 was about $6.17. Measured in dollars, the rupee amount went from $6.17 to $5.76.
| 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% |
| 1997 | ₹209.31 | 7.2% |
1989–1996 · 1989–1998 · All years
₹100 in 1989 had about the same buying power as ₹209.31 in 1997, based on India consumer price index data.
About 9.67% per year, compounding to a 109.3% total rise in prices over 8 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 1993 (6.3%).