1.19× price rise
Average India inflation: 8.87% a year over 2 years. Prices did not double in this span. Highest year: 1998 (13.2%). Lowest: 1999 (4.7%).
| 1997 | in 1999 | 1999 amount in 1997 money |
|---|---|---|
| ₹1 | ₹1.19 | ₹0.84 |
| ₹10 | ₹11.85 | ₹8.44 |
| ₹100 | ₹118.52 | ₹84.38 |
| ₹1,000 | ₹1,185.19 | ₹843.75 |
| ₹10,000 | ₹11,851.85 | ₹8,437.50 |
| ₹100,000 | ₹118,518.52 | ₹84,375.00 |
The rupee averaged ₹36.36/USD in 1997 and ₹43.12/USD in 1999. ₹119 in 1999 is about $2.75; ₹100 in 1997 was about $2.75. Measured in dollars, the rupee amount went from $2.75 to $2.75.
| Year | Value | Inflation |
|---|---|---|
| 1997 | ₹100.00 | |
| 1998 | ₹113.23 | 13.2% |
| 1999 | ₹118.52 | 4.7% |
1997–1998 · 1997–2000 · All years
₹100 in 1997 had about the same buying power as ₹118.52 in 1999, based on India consumer price index data.
About 8.87% per year, compounding to a 18.5% total rise in prices over 2 years.
1998 saw the largest annual rise in the index (13.2%); the lowest was 1999 (4.7%).