1.43× price rise
Average India inflation: 6.14% a year over 6 years. Prices did not double in this span. Highest year: 1998 (13.2%). Lowest: 2001 (3.8%).
| 1996 | in 2002 | 2002 amount in 1996 money |
|---|---|---|
| ₹1 | ₹1.43 | ₹0.70 |
| ₹10 | ₹14.30 | ₹6.99 |
| ₹100 | ₹142.99 | ₹69.94 |
| ₹1,000 | ₹1,429.86 | ₹699.37 |
| ₹10,000 | ₹14,298.55 | ₹6,993.72 |
| ₹100,000 | ₹142,985.51 | ₹69,937.15 |
The rupee averaged ₹35.52/USD in 1996 and ₹48.62/USD in 2002. ₹143 in 2002 is about $2.94; ₹100 in 1996 was about $2.82. Measured in dollars, the rupee amount went from $2.82 to $2.94.
| Year | Value | Inflation |
|---|---|---|
| 1996 | ₹100.00 | |
| 1997 | ₹107.16 | 7.2% |
| 1998 | ₹121.34 | 13.2% |
| 1999 | ₹127.01 | 4.7% |
| 2000 | ₹132.10 | 4.0% |
| 2001 | ₹137.09 | 3.8% |
| 2002 | ₹142.99 | 4.3% |
1996–2001 · 1996–2003 · All years
₹100 in 1996 had about the same buying power as ₹142.99 in 2002, based on India consumer price index data.
About 6.14% per year, compounding to a 43.0% total rise in prices over 6 years.
1998 saw the largest annual rise in the index (13.2%); the lowest was 2001 (3.8%).