1.27× price rise
Average India inflation: 8.30% a year over 3 years. Prices did not double in this span. Highest year: 1998 (13.2%). Lowest: 1999 (4.7%).
| 1996 | in 1999 | 1999 amount in 1996 money |
|---|---|---|
| ₹1 | ₹1.27 | ₹0.79 |
| ₹10 | ₹12.70 | ₹7.87 |
| ₹100 | ₹127.01 | ₹78.73 |
| ₹1,000 | ₹1,270.09 | ₹787.34 |
| ₹10,000 | ₹12,700.95 | ₹7,873.43 |
| ₹100,000 | ₹127,009.48 | ₹78,734.28 |
The rupee averaged ₹35.52/USD in 1996 and ₹43.12/USD in 1999. ₹127 in 1999 is about $2.95; ₹100 in 1996 was about $2.82. Measured in dollars, the rupee amount went from $2.82 to $2.95.
| Year | Value | Inflation |
|---|---|---|
| 1996 | ₹100.00 | |
| 1997 | ₹107.16 | 7.2% |
| 1998 | ₹121.34 | 13.2% |
| 1999 | ₹127.01 | 4.7% |
1996–1998 · 1996–2000 · All years
₹100 in 1996 had about the same buying power as ₹127.01 in 1999, based on India consumer price index data.
About 8.30% per year, compounding to a 27.0% total rise in prices over 3 years.
1998 saw the largest annual rise in the index (13.2%); the lowest was 1999 (4.7%).