1.19× price rise
Average India inflation: 5.82% a year over 3 years. Prices did not double in this span. Highest year: 2022 (6.7%). Lowest: 2021 (5.1%).
| 2020 | in 2023 | 2023 amount in 2020 money |
|---|---|---|
| ₹1 | ₹1.19 | ₹0.84 |
| ₹10 | ₹11.85 | ₹8.44 |
| ₹100 | ₹118.51 | ₹84.38 |
| ₹1,000 | ₹1,185.11 | ₹843.80 |
| ₹10,000 | ₹11,851.11 | ₹8,438.03 |
| ₹100,000 | ₹118,511.08 | ₹84,380.30 |
The rupee averaged ₹74.11/USD in 2020 and ₹82.57/USD in 2023. ₹119 in 2023 is about $1.44; ₹100 in 2020 was about $1.35. Measured in dollars, the rupee amount went from $1.35 to $1.44.
| Year | Value | Inflation |
|---|---|---|
| 2020 | ₹100.00 | |
| 2021 | ₹105.13 | 5.1% |
| 2022 | ₹112.17 | 6.7% |
| 2023 | ₹118.51 | 5.6% |
2020–2022 · 2020–2024 · All years
₹100 in 2020 had about the same buying power as ₹118.51 in 2023, based on India consumer price index data.
About 5.82% per year, compounding to a 18.5% total rise in prices over 3 years.
2022 saw the largest annual rise in the index (6.7%); the lowest was 2021 (5.1%).