1.13× price rise
Average India inflation: 13.23% a year over 1 years. Prices did not double in this span. Highest year: 1998 (13.2%). Lowest: 1998 (13.2%).
| 1997 | in 1998 | 1998 amount in 1997 money |
|---|---|---|
| ₹1 | ₹1.13 | ₹0.88 |
| ₹10 | ₹11.32 | ₹8.83 |
| ₹100 | ₹113.23 | ₹88.32 |
| ₹1,000 | ₹1,132.31 | ₹883.15 |
| ₹10,000 | ₹11,323.08 | ₹8,831.52 |
| ₹100,000 | ₹113,230.84 | ₹88,315.16 |
The rupee averaged ₹36.36/USD in 1997 and ₹41.33/USD in 1998. ₹113 in 1998 is about $2.74; ₹100 in 1997 was about $2.75. Measured in dollars, the rupee amount went from $2.75 to $2.74.
| Year | Value | Inflation |
|---|---|---|
| 1997 | ₹100.00 | |
| 1998 | ₹113.23 | 13.2% |
₹100 in 1997 had about the same buying power as ₹113.23 in 1998, based on India consumer price index data.
About 13.23% per year, compounding to a 13.2% total rise in prices over 1 years.
1998 saw the largest annual rise in the index (13.2%); the lowest was 1998 (13.2%).