₹100 in 1998 is worth ₹117.84 in 2002

1.18× price rise

Average India inflation: 4.19% a year over 4 years. Prices did not double in this span. Highest year: 1999 (4.7%). Lowest: 2001 (3.8%).

Converter

1998	in 2002	2002 amount in 1998 money
₹1	₹1.18	₹0.85
₹10	₹11.78	₹8.49
₹100	₹117.84	₹84.86
₹1,000	₹1,178.36	₹848.64
₹10,000	₹11,783.58	₹8,486.38
₹100,000	₹117,835.83	₹84,863.83

Same span in US dollars

The rupee averaged ₹41.33/USD in 1998 and ₹48.62/USD in 2002. ₹118 in 2002 is about $2.42; ₹100 in 1998 was about $2.42. Measured in dollars, the rupee amount went from $2.42 to $2.42.

Year by year (value of ₹100 from 1998)

Year	Value	Inflation
1998	₹100.00
1999	₹104.67	4.7%
2000	₹108.87	4.0%
2001	₹112.98	3.8%
2002	₹117.84	4.3%

1998–2001 · 1998–2003 · All years

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How much is ₹100 from 1998 worth in 2002?

₹100 in 1998 had about the same buying power as ₹117.84 in 2002, based on India consumer price index data.

What was the average inflation rate in India from 1998 to 2002?

About 4.19% per year, compounding to a 17.8% total rise in prices over 4 years.

Which year between 1998 and 2002 had the highest inflation?

1999 saw the largest annual rise in the index (4.7%); the lowest was 2001 (3.8%).

Historical statistics for education only. Not investment advice. US CPI: U.S. Bureau of Labor Statistics CPI-U (public domain), annual averages; 2026 = Sep 2026 index. India CPI: World Bank WDI FP.CPI.TOTL (source IMF IFS), licensed CC BY 4.0. INR/USD: Federal Reserve Board H.10. Sources & method · Embed this calculator · BacktestCard