1.61× price rise
Average India inflation: 4.90% a year over 10 years. Prices did not double in this span. Highest year: 2008 (8.3%). Lowest: 2004 (3.8%).
| 1998 | in 2008 | 2008 amount in 1998 money |
|---|---|---|
| ₹1 | ₹1.61 | ₹0.62 |
| ₹10 | ₹16.13 | ₹6.20 |
| ₹100 | ₹161.34 | ₹61.98 |
| ₹1,000 | ₹1,613.42 | ₹619.80 |
| ₹10,000 | ₹16,134.25 | ₹6,198.00 |
| ₹100,000 | ₹161,342.46 | ₹61,979.96 |
The rupee averaged ₹41.33/USD in 1998 and ₹43.41/USD in 2008. ₹161 in 2008 is about $3.72; ₹100 in 1998 was about $2.42. Measured in dollars, the rupee amount went from $2.42 to $3.72.
| 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% |
| 2003 | ₹122.32 | 3.8% |
| 2004 | ₹126.93 | 3.8% |
| 2005 | ₹132.32 | 4.2% |
| 2006 | ₹139.99 | 5.8% |
| 2007 | ₹148.91 | 6.4% |
| 2008 | ₹161.34 | 8.3% |
1998–2007 · 1998–2009 · All years
₹100 in 1998 had about the same buying power as ₹161.34 in 2008, based on India consumer price index data.
About 4.90% per year, compounding to a 61.3% total rise in prices over 10 years.
2008 saw the largest annual rise in the index (8.3%); the lowest was 2004 (3.8%).