1.13× price rise
Average India inflation: 6.17% a year over 2 years. Prices did not double in this span. Highest year: 2022 (6.7%). Lowest: 2023 (5.6%).
| 2021 | in 2023 | 2023 amount in 2021 money |
|---|---|---|
| ₹1 | ₹1.13 | ₹0.89 |
| ₹10 | ₹11.27 | ₹8.87 |
| ₹100 | ₹112.73 | ₹88.71 |
| ₹1,000 | ₹1,127.27 | ₹887.10 |
| ₹10,000 | ₹11,272.66 | ₹8,871.02 |
| ₹100,000 | ₹112,726.62 | ₹88,710.19 |
The rupee averaged ₹73.93/USD in 2021 and ₹82.57/USD in 2023. ₹113 in 2023 is about $1.37; ₹100 in 2021 was about $1.35. Measured in dollars, the rupee amount went from $1.35 to $1.37.
| Year | Value | Inflation |
|---|---|---|
| 2021 | ₹100.00 | |
| 2022 | ₹106.70 | 6.7% |
| 2023 | ₹112.73 | 5.6% |
2021–2022 · 2021–2024 · All years
₹100 in 2021 had about the same buying power as ₹112.73 in 2023, based on India consumer price index data.
About 6.17% per year, compounding to a 12.7% total rise in prices over 2 years.
2022 saw the largest annual rise in the index (6.7%); the lowest was 2023 (5.6%).