2.79× price rise
Average India inflation: 8.22% a year over 13 years. Prices first doubled by 1997. Highest year: 1991 (13.9%). Lowest: 2001 (3.8%).
| 1989 | in 2002 | 2002 amount in 1989 money |
|---|---|---|
| ₹1 | ₹2.79 | ₹0.36 |
| ₹10 | ₹27.93 | ₹3.58 |
| ₹100 | ₹279.28 | ₹35.81 |
| ₹1,000 | ₹2,792.78 | ₹358.07 |
| ₹10,000 | ₹27,927.84 | ₹3,580.66 |
| ₹100,000 | ₹279,278.39 | ₹35,806.57 |
The rupee averaged ₹16.21/USD in 1989 and ₹48.62/USD in 2002. ₹279 in 2002 is about $5.74; ₹100 in 1989 was about $6.17. Measured in dollars, the rupee amount went from $6.17 to $5.74.
| 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% |
| 1998 | ₹237.01 | 13.2% |
| 1999 | ₹248.07 | 4.7% |
| 2000 | ₹258.02 | 4.0% |
| 2001 | ₹267.77 | 3.8% |
| 2002 | ₹279.28 | 4.3% |
1989–2001 · 1989–2003 · All years
₹100 in 1989 had about the same buying power as ₹279.28 in 2002, based on India consumer price index data.
About 8.22% per year, compounding to a 179.3% total rise in prices over 13 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 2001 (3.8%).