1.54× price rise
Average India inflation: 5.55% a year over 8 years. Prices did not double in this span. Highest year: 1998 (13.2%). Lowest: 2004 (3.8%).
| 1996 | in 2004 | 2004 amount in 1996 money |
|---|---|---|
| ₹1 | ₹1.54 | ₹0.65 |
| ₹10 | ₹15.40 | ₹6.49 |
| ₹100 | ₹154.02 | ₹64.93 |
| ₹1,000 | ₹1,540.19 | ₹649.27 |
| ₹10,000 | ₹15,401.90 | ₹6,492.71 |
| ₹100,000 | ₹154,018.97 | ₹64,927.07 |
The rupee averaged ₹35.52/USD in 1996 and ₹45.28/USD in 2004. ₹154 in 2004 is about $3.40; ₹100 in 1996 was about $2.82. Measured in dollars, the rupee amount went from $2.82 to $3.40.
| 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% |
| 2004 | ₹154.02 | 3.8% |
1996–2003 · 1996–2005 · All years
₹100 in 1996 had about the same buying power as ₹154.02 in 2004, based on India consumer price index data.
About 5.55% per year, compounding to a 54.0% total rise in prices over 8 years.
1998 saw the largest annual rise in the index (13.2%); the lowest was 2004 (3.8%).