1.72× price rise
Average India inflation: 6.99% a year over 8 years. Prices did not double in this span. Highest year: 1998 (13.2%). Lowest: 2001 (3.8%).
| 1994 | in 2002 | 2002 amount in 1994 money |
|---|---|---|
| ₹1 | ₹1.72 | ₹0.58 |
| ₹10 | ₹17.18 | ₹5.82 |
| ₹100 | ₹171.75 | ₹58.22 |
| ₹1,000 | ₹1,717.54 | ₹582.23 |
| ₹10,000 | ₹17,175.41 | ₹5,822.28 |
| ₹100,000 | ₹171,754.12 | ₹58,222.77 |
The rupee averaged ₹31.39/USD in 1994 and ₹48.62/USD in 2002. ₹172 in 2002 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% |
| 1999 | ₹152.56 | 4.7% |
| 2000 | ₹158.68 | 4.0% |
| 2001 | ₹164.68 | 3.8% |
| 2002 | ₹171.75 | 4.3% |
1994–2001 · 1994–2003 · All years
₹100 in 1994 had about the same buying power as ₹171.75 in 2002, based on India consumer price index data.
About 6.99% per year, compounding to a 71.8% total rise in prices over 8 years.
1998 saw the largest annual rise in the index (13.2%); the lowest was 2001 (3.8%).