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Value of 1979 Indian Rupees today

$100 in 1979
$2,480.88 in 2022

The inflation rate in India between 1979 and today has been 2,380.88%, which translates into a total increase of $2,380.88. This means that 100 rupees in 1979 are equivalent to 2,480.88 rupees in 2022. In other words, the purchasing power of $100 in 1979 equals $2,480.88 today. The average annual inflation rate between these periods has been 7.75%.

Inflation timeline in India (1979 - 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 1979-2021 2,184.51%
Cumulative inflation 1979-today 2,380.88%
Avg. Annual inflation 1979-2021 7.73%
CPI 1979 5.88
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 1979 and 2021, use the corresponding CPI values:

Value2021
=Value1979 ×
CPI2021/CPI1979
=$ 100 ×
134.44/5.88
$2,284.51

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

Valuetoday
=Value1979 ×
CPItoday/CPI1979
=$ 100 ×
146/5.88
$2,480.88

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 42 years between 1979 and 2021 and the average inflation rate was 7.7339%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.077339)42
$2,284.51

India inflation - Conversion table

Initial Value Equivalent value
$1 rupee in 1979 $22.85 rupees in 2021
$5 rupees in 1979 $114.23 rupees in 2021
$10 rupees in 1979 $228.45 rupees in 2021
$50 rupees in 1979 $1,142.26 rupees in 2021
$100 rupees in 1979 $2,284.51 rupees in 2021
$500 rupees in 1979 $11,422.57 rupees in 2021
$1,000 rupees in 1979 $22,845.13 rupees in 2021
$5,000 rupees in 1979 $114,225.66 rupees in 2021
$10,000 rupees in 1979 $228,451.32 rupees in 2021
$50,000 rupees in 1979 $1,142,256.6 rupees in 2021
$100,000 rupees in 1979 $2,284,513.21 rupees in 2021
$500,000 rupees in 1979 $11,422,566.03 rupees in 2021
$1,000,000 rupees in 1979 $22,845,132.06 rupees in 2021
Cumulative inflation From 1979 2,380.88%
Avg. annual inflation From 1979 7.75%
CPI 1979 5.88
CPI today 146

Value of Rupee over time (by year)

Period Value
1979 100
1980 111.35
1981 125.95
1982 135.88
1983 152.01
1984 164.66
1985 173.81
1986 188.98
1987 205.61
1988 224.9
1989 240.81
1990 262.42
1991 298.82
1992 334.04
1993 355.18
1994 391.57
1995 431.61
1996 470.36
1997 504.06
1998 570.75
1999 597.4
2000 621.35
2001 644.83
2002 672.54
2003 698.14
2004 724.44
2005 755.2
2006 798.98
2007 849.9
2008 920.86
2009 1,021.07
2010 1,143.49
2011 1,244.78
2012 1,360.7
2013 1,509.12
2014 1,605
2015 1,699.25
2016 1,783.21
2017 1,827.63
2018 1,916.47
2019 2,063.26
2020 2,178.01
2021 2,284.51
2022-09 2,458.16
Today 2,480.88

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: