1.48× price rise
Average India inflation: 5.80% a year over 7 years. Prices did not double in this span. Highest year: 1998 (13.2%). Lowest: 2001 (3.8%).
| 1996 | in 2003 | 2003 amount in 1996 money |
|---|---|---|
| ₹1 | ₹1.48 | ₹0.67 |
| ₹10 | ₹14.84 | ₹6.74 |
| ₹100 | ₹148.43 | ₹67.37 |
| ₹1,000 | ₹1,484.27 | ₹673.73 |
| ₹10,000 | ₹14,842.73 | ₹6,737.30 |
| ₹100,000 | ₹148,427.34 | ₹67,373.03 |
The rupee averaged ₹35.52/USD in 1996 and ₹46.59/USD in 2003. ₹148 in 2003 is about $3.19; ₹100 in 1996 was about $2.82. Measured in dollars, the rupee amount went from $2.82 to $3.19.
| 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% |
| 2003 | ₹148.43 | 3.8% |
1996–2002 · 1996–2004 · All years
₹100 in 1996 had about the same buying power as ₹148.43 in 2003, based on India consumer price index data.
About 5.80% per year, compounding to a 48.4% total rise in prices over 7 years.
1998 saw the largest annual rise in the index (13.2%); the lowest was 2001 (3.8%).