1.20× price rise
Average India inflation: 9.60% a year over 2 years. Prices did not double in this span. Highest year: 1995 (10.2%). Lowest: 1996 (9.0%).
| 1994 | in 1996 | 1996 amount in 1994 money |
|---|---|---|
| ₹1 | ₹1.20 | ₹0.83 |
| ₹10 | ₹12.01 | ₹8.33 |
| ₹100 | ₹120.12 | ₹83.25 |
| ₹1,000 | ₹1,201.20 | ₹832.50 |
| ₹10,000 | ₹12,011.99 | ₹8,325.01 |
| ₹100,000 | ₹120,119.94 | ₹83,250.12 |
The rupee averaged ₹31.39/USD in 1994 and ₹35.52/USD in 1996. ₹120 in 1996 is about $3.38; ₹100 in 1994 was about $3.19. Measured in dollars, the rupee amount went from $3.19 to $3.38.
| Year | Value | Inflation |
|---|---|---|
| 1994 | ₹100.00 | |
| 1995 | ₹110.22 | 10.2% |
| 1996 | ₹120.12 | 9.0% |
1994–1995 · 1994–1997 · All years
₹100 in 1994 had about the same buying power as ₹120.12 in 1996, based on India consumer price index data.
About 9.60% per year, compounding to a 20.1% total rise in prices over 2 years.
1995 saw the largest annual rise in the index (10.2%); the lowest was 1996 (9.0%).