1.39× price rise
Average India inflation: 5.58% a year over 6 years. Prices did not double in this span. Highest year: 1998 (13.2%). Lowest: 2001 (3.8%).
| 1997 | in 2003 | 2003 amount in 1997 money |
|---|---|---|
| ₹1 | ₹1.39 | ₹0.72 |
| ₹10 | ₹13.85 | ₹7.22 |
| ₹100 | ₹138.50 | ₹72.20 |
| ₹1,000 | ₹1,385.05 | ₹722.00 |
| ₹10,000 | ₹13,850.45 | ₹7,219.98 |
| ₹100,000 | ₹138,504.53 | ₹72,199.81 |
The rupee averaged ₹36.36/USD in 1997 and ₹46.59/USD in 2003. ₹139 in 2003 is about $2.97; ₹100 in 1997 was about $2.75. Measured in dollars, the rupee amount went from $2.75 to $2.97.
| 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% |
| 2002 | ₹133.43 | 4.3% |
| 2003 | ₹138.50 | 3.8% |
1997–2002 · 1997–2004 · All years
₹100 in 1997 had about the same buying power as ₹138.50 in 2003, based on India consumer price index data.
About 5.58% per year, compounding to a 38.5% total rise in prices over 6 years.
1998 saw the largest annual rise in the index (13.2%); the lowest was 2001 (3.8%).