1.29× price rise
Average India inflation: 8.78% a year over 3 years. Prices did not double in this span. Highest year: 1995 (10.2%). Lowest: 1997 (7.2%).
| 1994 | in 1997 | 1997 amount in 1994 money |
|---|---|---|
| ₹1 | ₹1.29 | ₹0.78 |
| ₹10 | ₹12.87 | ₹7.77 |
| ₹100 | ₹128.73 | ₹77.68 |
| ₹1,000 | ₹1,287.26 | ₹776.85 |
| ₹10,000 | ₹12,872.56 | ₹7,768.46 |
| ₹100,000 | ₹128,725.64 | ₹77,684.60 |
The rupee averaged ₹31.39/USD in 1994 and ₹36.36/USD in 1997. ₹129 in 1997 is about $3.54; ₹100 in 1994 was about $3.19. Measured in dollars, the rupee amount went from $3.19 to $3.54.
| Year | Value | Inflation |
|---|---|---|
| 1994 | ₹100.00 | |
| 1995 | ₹110.22 | 10.2% |
| 1996 | ₹120.12 | 9.0% |
| 1997 | ₹128.73 | 7.2% |
1994–1996 · 1994–1998 · All years
₹100 in 1994 had about the same buying power as ₹128.73 in 1997, based on India consumer price index data.
About 8.78% per year, compounding to a 28.7% total rise in prices over 3 years.
1995 saw the largest annual rise in the index (10.2%); the lowest was 1997 (7.2%).