1.13× price rise
Average India inflation: 4.15% a year over 3 years. Prices did not double in this span. Highest year: 1999 (4.7%). Lowest: 2001 (3.8%).
| 1998 | in 2001 | 2001 amount in 1998 money |
|---|---|---|
| ₹1 | ₹1.13 | ₹0.89 |
| ₹10 | ₹11.30 | ₹8.85 |
| ₹100 | ₹112.98 | ₹88.51 |
| ₹1,000 | ₹1,129.81 | ₹885.11 |
| ₹10,000 | ₹11,298.09 | ₹8,851.06 |
| ₹100,000 | ₹112,980.87 | ₹88,510.56 |
The rupee averaged ₹41.33/USD in 1998 and ₹47.23/USD in 2001. ₹113 in 2001 is about $2.39; ₹100 in 1998 was about $2.42. Measured in dollars, the rupee amount went from $2.42 to $2.39.
| Year | Value | Inflation |
|---|---|---|
| 1998 | ₹100.00 | |
| 1999 | ₹104.67 | 4.7% |
| 2000 | ₹108.87 | 4.0% |
| 2001 | ₹112.98 | 3.8% |
1998–2000 · 1998–2002 · All years
₹100 in 1998 had about the same buying power as ₹112.98 in 2001, based on India consumer price index data.
About 4.15% per year, compounding to a 13.0% total rise in prices over 3 years.
1999 saw the largest annual rise in the index (4.7%); the lowest was 2001 (3.8%).