1.17× price rise
Average India inflation: 3.97% a year over 4 years. Prices did not double in this span. Highest year: 2002 (4.3%). Lowest: 2001 (3.8%).
| 1999 | in 2003 | 2003 amount in 1999 money |
|---|---|---|
| ₹1 | ₹1.17 | ₹0.86 |
| ₹10 | ₹11.69 | ₹8.56 |
| ₹100 | ₹116.86 | ₹85.57 |
| ₹1,000 | ₹1,168.63 | ₹855.70 |
| ₹10,000 | ₹11,686.32 | ₹8,557.01 |
| ₹100,000 | ₹116,863.20 | ₹85,570.14 |
The rupee averaged ₹43.12/USD in 1999 and ₹46.59/USD in 2003. ₹117 in 2003 is about $2.51; ₹100 in 1999 was about $2.32. Measured in dollars, the rupee amount went from $2.32 to $2.51.
| Year | Value | Inflation |
|---|---|---|
| 1999 | ₹100.00 | |
| 2000 | ₹104.01 | 4.0% |
| 2001 | ₹107.94 | 3.8% |
| 2002 | ₹112.58 | 4.3% |
| 2003 | ₹116.86 | 3.8% |
1999–2002 · 1999–2004 · All years
₹100 in 1999 had about the same buying power as ₹116.86 in 2003, based on India consumer price index data.
About 3.97% per year, compounding to a 16.9% total rise in prices over 4 years.
2002 saw the largest annual rise in the index (4.3%); the lowest was 2001 (3.8%).