1.96× price rise
Average India inflation: 5.76% a year over 12 years. Prices did not double in this span. Highest year: 1998 (13.2%). Lowest: 2004 (3.8%).
| 1996 | in 2008 | 2008 amount in 1996 money |
|---|---|---|
| ₹1 | ₹1.96 | ₹0.51 |
| ₹10 | ₹19.58 | ₹5.11 |
| ₹100 | ₹195.78 | ₹51.08 |
| ₹1,000 | ₹1,957.78 | ₹510.78 |
| ₹10,000 | ₹19,577.78 | ₹5,107.83 |
| ₹100,000 | ₹195,777.76 | ₹51,078.33 |
The rupee averaged ₹35.52/USD in 1996 and ₹43.41/USD in 2008. ₹196 in 2008 is about $4.51; ₹100 in 1996 was about $2.82. Measured in dollars, the rupee amount went from $2.82 to $4.51.
| 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% |
| 2005 | ₹160.56 | 4.2% |
| 2006 | ₹169.87 | 5.8% |
| 2007 | ₹180.69 | 6.4% |
| 2008 | ₹195.78 | 8.3% |
1996–2007 · 1996–2009 · All years
₹100 in 1996 had about the same buying power as ₹195.78 in 2008, based on India consumer price index data.
About 5.76% per year, compounding to a 95.8% total rise in prices over 12 years.
1998 saw the largest annual rise in the index (13.2%); the lowest was 2004 (3.8%).