2.17× price rise
Average India inflation: 10.20% a year over 8 years. Prices first doubled by 1998. Highest year: 1991 (13.9%). Lowest: 1993 (6.3%).
| 1990 | in 1998 | 1998 amount in 1990 money |
|---|---|---|
| ₹1 | ₹2.17 | ₹0.46 |
| ₹10 | ₹21.75 | ₹4.60 |
| ₹100 | ₹217.49 | ₹45.98 |
| ₹1,000 | ₹2,174.94 | ₹459.78 |
| ₹10,000 | ₹21,749.44 | ₹4,597.82 |
| ₹100,000 | ₹217,494.41 | ₹45,978.19 |
The rupee averaged ₹17.50/USD in 1990 and ₹41.33/USD in 1998. ₹217 in 1998 is about $5.26; ₹100 in 1990 was about $5.71. Measured in dollars, the rupee amount went from $5.71 to $5.26.
| Year | Value | Inflation |
|---|---|---|
| 1990 | ₹100.00 | |
| 1991 | ₹113.87 | 13.9% |
| 1992 | ₹127.29 | 11.8% |
| 1993 | ₹135.35 | 6.3% |
| 1994 | ₹149.22 | 10.2% |
| 1995 | ₹164.47 | 10.2% |
| 1996 | ₹179.24 | 9.0% |
| 1997 | ₹192.08 | 7.2% |
| 1998 | ₹217.49 | 13.2% |
1990–1997 · 1990–1999 · All years
₹100 in 1990 had about the same buying power as ₹217.49 in 1998, based on India consumer price index data.
About 10.20% per year, compounding to a 117.5% total rise in prices over 8 years.
1991 saw the largest annual rise in the index (13.9%); the lowest was 1993 (6.3%).