1.44× price rise
Average India inflation: 5.32% a year over 7 years. Prices did not double in this span. Highest year: 1998 (13.2%). Lowest: 2004 (3.8%).
| 1997 | in 2004 | 2004 amount in 1997 money |
|---|---|---|
| ₹1 | ₹1.44 | ₹0.70 |
| ₹10 | ₹14.37 | ₹6.96 |
| ₹100 | ₹143.72 | ₹69.58 |
| ₹1,000 | ₹1,437.22 | ₹695.79 |
| ₹10,000 | ₹14,372.23 | ₹6,957.86 |
| ₹100,000 | ₹143,722.34 | ₹69,578.60 |
The rupee averaged ₹36.36/USD in 1997 and ₹45.28/USD in 2004. ₹144 in 2004 is about $3.17; ₹100 in 1997 was about $2.75. Measured in dollars, the rupee amount went from $2.75 to $3.17.
| 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% |
| 2004 | ₹143.72 | 3.8% |
1997–2003 · 1997–2005 · All years
₹100 in 1997 had about the same buying power as ₹143.72 in 2004, based on India consumer price index data.
About 5.32% per year, compounding to a 43.7% total rise in prices over 7 years.
1998 saw the largest annual rise in the index (13.2%); the lowest was 2004 (3.8%).