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Value of 1972 Indian Rupees today

$100 in 1972
$4,119.59 in 2022

The inflation rate in India between 1972 and today has been 4,019.59%, which translates into a total increase of $4,019.59. This means that 100 rupees in 1972 are equivalent to 4,119.59 rupees in 2022. In other words, the purchasing power of $100 in 1972 equals $4,119.59 today. The average annual inflation rate between these periods has been 7.72%.

Inflation timeline in India (1972 - 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 1972-2021 3,860.01%
Cumulative inflation 1972-today 4,019.59%
Avg. Annual inflation 1972-2021 7.8%
CPI 1972 3.39
CPI 2021 134.44
CPI 2022-03 (latest official data) 138.82
CPI today 139.86

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 1972 and 2021, use the corresponding CPI values:

Value2021
=Value1972 ×
CPI2021/CPI1972
=$ 100 ×
134.44/3.39
$3,960.01

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 139.86:

Valuetoday
=Value1972 ×
CPItoday/CPI1972
=$ 100 ×
139.86/3.39
$4,119.59

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 49 years between 1972 and 2021 and the average inflation rate was 7.7968%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.077968)49
$3,960.01

India inflation - Conversion table

Initial Value Equivalent value
$1 rupee in 1972 $39.6 rupees in 2021
$5 rupees in 1972 $198 rupees in 2021
$10 rupees in 1972 $396 rupees in 2021
$50 rupees in 1972 $1,980.01 rupees in 2021
$100 rupees in 1972 $3,960.01 rupees in 2021
$500 rupees in 1972 $19,800.07 rupees in 2021
$1,000 rupees in 1972 $39,600.14 rupees in 2021
$5,000 rupees in 1972 $198,000.68 rupees in 2021
$10,000 rupees in 1972 $396,001.35 rupees in 2021
$50,000 rupees in 1972 $1,980,006.75 rupees in 2021
$100,000 rupees in 1972 $3,960,013.5 rupees in 2021
$500,000 rupees in 1972 $19,800,067.51 rupees in 2021
$1,000,000 rupees in 1972 $39,600,135.02 rupees in 2021
Cumulative inflation From 1972 4,019.59%
Avg. annual inflation From 1972 7.72%
CPI 1972 3.39
CPI today 139.86

Value of Rupee over time (by year)

Period Value
1972 100
1973 116.94
1974 150.38
1975 159.03
1976 146.89
1977 159.09
1978 163.11
1979 173.34
1980 193.01
1981 218.32
1982 235.54
1983 263.5
1984 285.42
1985 301.28
1986 327.58
1987 356.41
1988 389.85
1989 417.43
1990 454.88
1991 517.97
1992 579.03
1993 615.67
1994 678.76
1995 748.16
1996 815.33
1997 873.74
1998 989.34
1999 1,035.54
2000 1,077.06
2001 1,117.77
2002 1,165.8
2003 1,210.17
2004 1,255.76
2005 1,309.08
2006 1,384.96
2007 1,473.23
2008 1,596.23
2009 1,769.94
2010 1,982.14
2011 2,157.73
2012 2,358.66
2013 2,615.94
2014 2,782.13
2015 2,945.51
2016 3,091.05
2017 3,168.04
2018 3,322.03
2019 3,576.49
2020 3,775.39
2021 3,960.01
2022-03 4,089.01
Today 4,119.59

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: