Value of 1965 Indian Rupees today

$100 in 1965

$5,117.78 in 2019

The inflation rate in India between 1965 and today has been 5,017.78%, which translates into a total increase of $5,017.78. This means that 100 rupees in 1965 are equivalent to 5,117.78 rupees in 2019. In other words, the purchasing power of $100 in 1965 equals $5,117.78 today. The average annual inflation rate has been 7.42%.

Inflation timeline in India (1965-2019)

The following chart depicts the equivalence of $100 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1965-2019) 5,007.37%
Total Inflation* 5,017.78%
Annual inflation avg. (1965-2019) 7.56%
Annual inflation avg.* 7.42%
CPI 1965 2.25
CPI 2019 115.14
CPI today* 115.38
$1 in 1965 $51.07 in 2019

* Values extrapolated from the last official data to obtain today's values.

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 compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 54 years between 1965 and 2019 and the average inflation rate has been 7.4173%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.07)54 = $5,107.37

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1965 was 2.25 and the CPI today is 115.38. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
115.14/2.25
= $5,107.37

India inflation - Conversion table

Initial Value Equivalent value
$1 rupee in 1965 $51.18 rupees today
$5 rupees in 1965 $255.89 rupees today
$10 rupees in 1965 $511.78 rupees today
$50 rupees in 1965 $2,558.89 rupees today
$100 rupees in 1965 $5,117.78 rupees today
$500 rupees in 1965 $25,588.92 rupees today
$1,000 rupees in 1965 $51,177.84 rupees today
$5,000 rupees in 1965 $255,889.18 rupees today
$10,000 rupees in 1965 $511,778.37 rupees today
$50,000 rupees in 1965 $2,558,891.83 rupees today
$100,000 rupees in 1965 $5,117,783.66 rupees today
$500,000 rupees in 1965 $25,588,918.32 rupees today
$1,000,000 rupees in 1965 $51,177,836.64 rupees today

Value of Rupee in time (by year)

Period Value
1965 100
1966 105.49
1967 120.19
1968 130.53
1969 127.63
1970 132.15
1971 138.77
1972 145.56
1973 156.7
1974 194.02
1975 243.3
1976 228.27
1977 228.27
1978 246.2
1979 249.92
1980 279.16
1981 304.52
1982 343.3
1983 370.92
1984 417.12
1985 438.77
1986 470.11
1987 513.41
1988 561.23
1989 610.54
1990 643.64
1991 731.91
1992 827.54
1993 893.74
1994 970.98
1995 1,062.93
1996 1,165.91
1997 1,287.28
1998 1,368.19
1999 1,577.84
2000 1,585.19
2001 1,640.36
2002 1,724.96
2003 1,780.12
2004 1,846.33
2005 1,916.21
2006 2,022.87
2007 2,154.93
2008 2,273.71
2009 2,494.29
2010 2,867.59
2011 3,139.08
2012 3,342.69
2013 3,715.99
2014 4,055.35
2015 4,292.9
2016 4,564.39
2017 4,666.19
2018 4,852.85
2019 5,107.37
Today 5,117.78