1.46× price rise
Average India inflation: 9.88% a year over 4 years. Prices did not double in this span. Highest year: 1998 (13.2%). Lowest: 1997 (7.2%).
| 1994 | in 1998 | 1998 amount in 1994 money |
|---|---|---|
| ₹1 | ₹1.46 | ₹0.69 |
| ₹10 | ₹14.58 | ₹6.86 |
| ₹100 | ₹145.76 | ₹68.61 |
| ₹1,000 | ₹1,457.57 | ₹686.07 |
| ₹10,000 | ₹14,575.71 | ₹6,860.73 |
| ₹100,000 | ₹145,757.12 | ₹68,607.28 |
The rupee averaged ₹31.39/USD in 1994 and ₹41.33/USD in 1998. ₹146 in 1998 is about $3.53; ₹100 in 1994 was about $3.19. Measured in dollars, the rupee amount went from $3.19 to $3.53.
| Year | Value | Inflation |
|---|---|---|
| 1994 | ₹100.00 | |
| 1995 | ₹110.22 | 10.2% |
| 1996 | ₹120.12 | 9.0% |
| 1997 | ₹128.73 | 7.2% |
| 1998 | ₹145.76 | 13.2% |
1994–1997 · 1994–1999 · All years
₹100 in 1994 had about the same buying power as ₹145.76 in 1998, based on India consumer price index data.
About 9.88% per year, compounding to a 45.8% total rise in prices over 4 years.
1998 saw the largest annual rise in the index (13.2%); the lowest was 1997 (7.2%).