2.90× price rise
Average India inflation: 7.90% a year over 14 years. Prices first doubled by 1997. Highest year: 1991 (13.9%). Lowest: 2001 (3.8%).
| 1989 | in 2003 | 2003 amount in 1989 money |
|---|---|---|
| ₹1 | ₹2.90 | ₹0.34 |
| ₹10 | ₹28.99 | ₹3.45 |
| ₹100 | ₹289.91 | ₹34.49 |
| ₹1,000 | ₹2,899.07 | ₹344.94 |
| ₹10,000 | ₹28,990.73 | ₹3,449.38 |
| ₹100,000 | ₹289,907.33 | ₹34,493.78 |
The rupee averaged ₹16.21/USD in 1989 and ₹46.59/USD in 2003. ₹290 in 2003 is about $6.22; ₹100 in 1989 was about $6.17. Measured in dollars, the rupee amount went from $6.17 to $6.22.
| 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% |
| 2003 | ₹289.91 | 3.8% |
1989–2002 · 1989–2004 · All years
₹100 in 1989 had about the same buying power as ₹289.91 in 2003, based on India consumer price index data.
About 7.90% per year, compounding to a 189.9% total rise in prices over 14 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 2001 (3.8%).