1.97× price rise
Average India inflation: 6.99% a year over 10 years. Prices did not double in this span. Highest year: 1998 (13.2%). Lowest: 2001 (3.8%).
| 1993 | in 2003 | 2003 amount in 1993 money |
|---|---|---|
| ₹1 | ₹1.97 | ₹0.51 |
| ₹10 | ₹19.66 | ₹5.09 |
| ₹100 | ₹196.56 | ₹50.87 |
| ₹1,000 | ₹1,965.62 | ₹508.75 |
| ₹10,000 | ₹19,656.20 | ₹5,087.45 |
| ₹100,000 | ₹196,561.97 | ₹50,874.54 |
The rupee averaged ₹31.26/USD in 1993 and ₹46.59/USD in 2003. ₹197 in 2003 is about $4.22; ₹100 in 1993 was about $3.20. Measured in dollars, the rupee amount went from $3.20 to $4.22.
| Year | Value | Inflation |
|---|---|---|
| 1993 | ₹100.00 | |
| 1994 | ₹110.25 | 10.2% |
| 1995 | ₹121.52 | 10.2% |
| 1996 | ₹132.43 | 9.0% |
| 1997 | ₹141.92 | 7.2% |
| 1998 | ₹160.69 | 13.2% |
| 1999 | ₹168.20 | 4.7% |
| 2000 | ₹174.94 | 4.0% |
| 2001 | ₹181.55 | 3.8% |
| 2002 | ₹189.36 | 4.3% |
| 2003 | ₹196.56 | 3.8% |
1993–2002 · 1993–2004 · All years
₹100 in 1993 had about the same buying power as ₹196.56 in 2003, based on India consumer price index data.
About 6.99% per year, compounding to a 96.6% total rise in prices over 10 years.
1998 saw the largest annual rise in the index (13.2%); the lowest was 2001 (3.8%).