1.04× price rise
Average India inflation: 3.81% a year over 1 years. Prices did not double in this span. Highest year: 2003 (3.8%). Lowest: 2003 (3.8%).
| 2002 | in 2003 | 2003 amount in 2002 money |
|---|---|---|
| ₹1 | ₹1.04 | ₹0.96 |
| ₹10 | ₹10.38 | ₹9.63 |
| ₹100 | ₹103.81 | ₹96.33 |
| ₹1,000 | ₹1,038.06 | ₹963.34 |
| ₹10,000 | ₹10,380.59 | ₹9,633.37 |
| ₹100,000 | ₹103,805.86 | ₹96,333.68 |
The rupee averaged ₹48.62/USD in 2002 and ₹46.59/USD in 2003. ₹104 in 2003 is about $2.23; ₹100 in 2002 was about $2.06. Measured in dollars, the rupee amount went from $2.06 to $2.23.
| Year | Value | Inflation |
|---|---|---|
| 2002 | ₹100.00 | |
| 2003 | ₹103.81 | 3.8% |
₹100 in 2002 had about the same buying power as ₹103.81 in 2003, based on India consumer price index data.
About 3.81% per year, compounding to a 3.8% total rise in prices over 1 years.
2003 saw the largest annual rise in the index (3.8%); the lowest was 2003 (3.8%).