$

Value of 1959 Indian Rupees today

$100 in 1959
$8,736.69 in 2022

The inflation rate in India between 1959 and today has been 8,636.69%, which translates into a total increase of $8,636.69. This means that 100 rupees in 1959 are equivalent to 8,736.69 rupees in 2022. In other words, the purchasing power of $100 in 1959 equals $8,736.69 today. The average annual inflation rate between these periods has been 7.35%.

Inflation timeline in India (1959 - 2022)

The following chart depicts the equivalence of $100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (INR) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1959-2021 7,945.17%
Cumulative inflation 1959-today 8,636.69%
Avg. Annual inflation 1959-2021 7.33%
CPI 1959 1.67
CPI 2021 134.44
CPI 2022-09 (latest official data) 144.66
CPI today 146

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1959 and 2021, use the corresponding CPI values:

Value2021
=Value1959 ×
CPI2021/CPI1959
=$ 100 ×
134.44/1.67
$8,045.17

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 146:

Valuetoday
=Value1959 ×
CPItoday/CPI1959
=$ 100 ×
146/1.67
$8,736.69

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are $100 worth today. There are 62 years between 1959 and 2021 and the average inflation rate was 7.3333%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.073333)62
$8,045.17

India inflation - Conversion table

Initial Value Equivalent value
$1 rupee in 1959 $80.45 rupees in 2021
$5 rupees in 1959 $402.26 rupees in 2021
$10 rupees in 1959 $804.52 rupees in 2021
$50 rupees in 1959 $4,022.59 rupees in 2021
$100 rupees in 1959 $8,045.17 rupees in 2021
$500 rupees in 1959 $40,225.86 rupees in 2021
$1,000 rupees in 1959 $80,451.72 rupees in 2021
$5,000 rupees in 1959 $402,258.58 rupees in 2021
$10,000 rupees in 1959 $804,517.16 rupees in 2021
$50,000 rupees in 1959 $4,022,585.82 rupees in 2021
$100,000 rupees in 1959 $8,045,171.63 rupees in 2021
$500,000 rupees in 1959 $40,225,858.17 rupees in 2021
$1,000,000 rupees in 1959 $80,451,716.33 rupees in 2021
Cumulative inflation From 1959 8,636.69%
Avg. annual inflation From 1959 7.35%
CPI 1959 1.67
CPI today 146

Value of Rupee over time (by year)

Period Value
1959 100
1960 101.78
1961 103.51
1962 107.26
1963 110.42
1964 125.17
1965 137.03
1966 151.83
1967 171.67
1968 177.22
1969 176.19
1970 185.16
1971 190.86
1972 203.16
1973 237.58
1974 305.52
1975 323.08
1976 298.42
1977 323.21
1978 331.37
1979 352.16
1980 392.12
1981 443.53
1982 478.53
1983 535.33
1984 579.86
1985 612.08
1986 665.51
1987 724.08
1988 792.03
1989 848.06
1990 924.14
1991 1,052.32
1992 1,176.36
1993 1,250.79
1994 1,378.97
1995 1,519.97
1996 1,656.42
1997 1,775.09
1998 2,009.95
1999 2,103.81
2000 2,188.16
2001 2,270.86
2002 2,368.44
2003 2,458.58
2004 2,551.2
2005 2,659.53
2006 2,813.69
2007 2,993.01
2008 3,242.9
2009 3,595.81
2010 4,026.92
2011 4,383.64
2012 4,791.86
2013 5,314.54
2014 5,652.19
2015 5,984.11
2016 6,279.78
2017 6,436.21
2018 6,749.05
2019 7,266
2020 7,670.09
2021 8,045.17
2022-09 8,656.68
Today 8,736.69

All available years

Today's value of indian rupees by year:

1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |

Other currencies: