4.34× price rise
Average India inflation: 6.05% a year over 25 years. Prices first doubled by 2010. Highest year: 2010 (12.0%). Lowest: 2017 (3.3%).
| 1998 | in 2023 | 2023 amount in 1998 money |
|---|---|---|
| ₹1 | ₹4.34 | ₹0.23 |
| ₹10 | ₹43.45 | ₹2.30 |
| ₹100 | ₹434.48 | ₹23.02 |
| ₹1,000 | ₹4,344.82 | ₹230.16 |
| ₹10,000 | ₹43,448.17 | ₹2,301.59 |
| ₹100,000 | ₹434,481.72 | ₹23,015.93 |
The rupee averaged ₹41.33/USD in 1998 and ₹82.57/USD in 2023. ₹434 in 2023 is about $5.26; ₹100 in 1998 was about $2.42. Measured in dollars, the rupee amount went from $2.42 to $5.26.
| 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% |
| 2009 | ₹178.90 | 10.9% |
| 2010 | ₹200.35 | 12.0% |
| 2011 | ₹218.20 | 8.9% |
| 2012 | ₹238.89 | 9.5% |
| 2013 | ₹262.82 | 10.0% |
| 2014 | ₹280.34 | 6.7% |
| 2015 | ₹294.09 | 4.9% |
| 2016 | ₹308.65 | 4.9% |
| 2017 | ₹318.92 | 3.3% |
| 2018 | ₹331.48 | 3.9% |
| 2019 | ₹343.84 | 3.7% |
| 2020 | ₹366.62 | 6.6% |
| 2021 | ₹385.43 | 5.1% |
| 2022 | ₹411.25 | 6.7% |
| 2023 | ₹434.48 | 5.6% |
1998–2022 · 1998–2024 · All years
₹100 in 1998 had about the same buying power as ₹434.48 in 2023, based on India consumer price index data.
About 6.05% per year, compounding to a 334.5% total rise in prices over 25 years.
2010 saw the largest annual rise in the index (12.0%); the lowest was 2017 (3.3%).