1.28× price rise
Average India inflation: 6.35% a year over 4 years. Prices did not double in this span. Highest year: 1998 (13.2%). Lowest: 2001 (3.8%).
| 1997 | in 2001 | 2001 amount in 1997 money |
|---|---|---|
| ₹1 | ₹1.28 | ₹0.78 |
| ₹10 | ₹12.79 | ₹7.82 |
| ₹100 | ₹127.93 | ₹78.17 |
| ₹1,000 | ₹1,279.29 | ₹781.68 |
| ₹10,000 | ₹12,792.92 | ₹7,816.82 |
| ₹100,000 | ₹127,929.19 | ₹78,168.24 |
The rupee averaged ₹36.36/USD in 1997 and ₹47.23/USD in 2001. ₹128 in 2001 is about $2.71; ₹100 in 1997 was about $2.75. Measured in dollars, the rupee amount went from $2.75 to $2.71.
| Year | Value | Inflation |
|---|---|---|
| 1997 | ₹100.00 | |
| 1998 | ₹113.23 | 13.2% |
| 1999 | ₹118.52 | 4.7% |
| 2000 | ₹123.27 | 4.0% |
| 2001 | ₹127.93 | 3.8% |
1997–2000 · 1997–2002 · All years
₹100 in 1997 had about the same buying power as ₹127.93 in 2001, based on India consumer price index data.
About 6.35% per year, compounding to a 27.9% total rise in prices over 4 years.
1998 saw the largest annual rise in the index (13.2%); the lowest was 2001 (3.8%).