1.23× price rise
Average India inflation: 7.22% a year over 3 years. Prices did not double in this span. Highest year: 1998 (13.2%). Lowest: 2000 (4.0%).
| 1997 | in 2000 | 2000 amount in 1997 money |
|---|---|---|
| ₹1 | ₹1.23 | ₹0.81 |
| ₹10 | ₹12.33 | ₹8.11 |
| ₹100 | ₹123.27 | ₹81.12 |
| ₹1,000 | ₹1,232.70 | ₹811.22 |
| ₹10,000 | ₹12,327.04 | ₹8,112.24 |
| ₹100,000 | ₹123,270.44 | ₹81,122.45 |
The rupee averaged ₹36.36/USD in 1997 and ₹45.00/USD in 2000. ₹123 in 2000 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% |
| 1999 | ₹118.52 | 4.7% |
| 2000 | ₹123.27 | 4.0% |
1997–1999 · 1997–2001 · All years
₹100 in 1997 had about the same buying power as ₹123.27 in 2000, based on India consumer price index data.
About 7.22% per year, compounding to a 23.3% total rise in prices over 3 years.
1998 saw the largest annual rise in the index (13.2%); the lowest was 2000 (4.0%).