10.30× price rise
Average India inflation: 7.10% a year over 34 years. Prices first doubled by 1997. Highest year: 1991 (13.9%). Lowest: 2017 (3.3%).
| 1989 | in 2023 | 2023 amount in 1989 money |
|---|---|---|
| ₹1 | ₹10.30 | ₹0.10 |
| ₹10 | ₹102.97 | ₹0.97 |
| ₹100 | ₹1,029.75 | ₹9.71 |
| ₹1,000 | ₹10,297.49 | ₹97.11 |
| ₹10,000 | ₹102,974.92 | ₹971.11 |
| ₹100,000 | ₹1,029,749.20 | ₹9,711.10 |
The rupee averaged ₹16.21/USD in 1989 and ₹82.57/USD in 2023. ₹1,030 in 2023 is about $12.47; ₹100 in 1989 was about $6.17. Measured in dollars, the rupee amount went from $6.17 to $12.47.
| 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% |
| 2004 | ₹300.83 | 3.8% |
| 2005 | ₹313.60 | 4.2% |
| 2006 | ₹331.78 | 5.8% |
| 2007 | ₹352.93 | 6.4% |
| 2008 | ₹382.39 | 8.3% |
| 2009 | ₹424.01 | 10.9% |
| 2010 | ₹474.84 | 12.0% |
| 2011 | ₹517.16 | 8.9% |
| 2012 | ₹566.18 | 9.5% |
| 2013 | ₹622.90 | 10.0% |
| 2014 | ₹664.42 | 6.7% |
| 2015 | ₹697.02 | 4.9% |
| 2016 | ₹731.51 | 4.9% |
| 2017 | ₹755.86 | 3.3% |
| 2018 | ₹785.63 | 3.9% |
| 2019 | ₹814.93 | 3.7% |
| 2020 | ₹868.91 | 6.6% |
| 2021 | ₹913.49 | 5.1% |
| 2022 | ₹974.69 | 6.7% |
| 2023 | ₹1,029.75 | 5.6% |
1989–2022 · 1989–2024 · All years
₹100 in 1989 had about the same buying power as ₹1,029.75 in 2023, based on India consumer price index data.
About 7.10% per year, compounding to a 929.7% total rise in prices over 34 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 2017 (3.3%).