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Value of 1980 Indian Rupees today

$100 in 1980
$2,169.85 in 2022

The inflation rate in India between 1980 and today has been 2,069.85%, which translates into a total increase of $2,069.85. This means that 100 rupees in 1980 are equivalent to 2,169.85 rupees in 2022. In other words, the purchasing power of $100 in 1980 equals $2,169.85 today. The average annual inflation rate between these periods has been 7.6%.

Inflation timeline in India (1980 - 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 1980-2021 1,951.72%
Cumulative inflation 1980-today 2,069.85%
Avg. Annual inflation 1980-2021 7.65%
CPI 1980 6.55
CPI 2021 134.44
CPI 2022-04 (latest official data) 140.69
CPI today 142.18

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 1980 and 2021, use the corresponding CPI values:

Value2021
=Value1980 ×
CPI2021/CPI1980
=$ 100 ×
134.44/6.55
$2,051.72

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 142.18:

Valuetoday
=Value1980 ×
CPItoday/CPI1980
=$ 100 ×
142.18/6.55
$2,169.85

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 41 years between 1980 and 2021 and the average inflation rate was 7.6472%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.076472)41
$2,051.72

India inflation - Conversion table

Initial Value Equivalent value
$1 rupee in 1980 $20.52 rupees in 2021
$5 rupees in 1980 $102.59 rupees in 2021
$10 rupees in 1980 $205.17 rupees in 2021
$50 rupees in 1980 $1,025.86 rupees in 2021
$100 rupees in 1980 $2,051.72 rupees in 2021
$500 rupees in 1980 $10,258.62 rupees in 2021
$1,000 rupees in 1980 $20,517.23 rupees in 2021
$5,000 rupees in 1980 $102,586.17 rupees in 2021
$10,000 rupees in 1980 $205,172.35 rupees in 2021
$50,000 rupees in 1980 $1,025,861.74 rupees in 2021
$100,000 rupees in 1980 $2,051,723.49 rupees in 2021
$500,000 rupees in 1980 $10,258,617.43 rupees in 2021
$1,000,000 rupees in 1980 $20,517,234.85 rupees in 2021
Cumulative inflation From 1980 2,069.85%
Avg. annual inflation From 1980 7.6%
CPI 1980 6.55
CPI today 142.18

Value of Rupee over time (by year)

Period Value
1980 100
1981 113.11
1982 122.04
1983 136.52
1984 147.88
1985 156.1
1986 169.72
1987 184.66
1988 201.99
1989 216.28
1990 235.68
1991 268.37
1992 300
1993 318.98
1994 351.67
1995 387.63
1996 422.43
1997 452.69
1998 512.59
1999 536.53
2000 558.04
2001 579.13
2002 604.01
2003 627
2004 650.62
2005 678.25
2006 717.56
2007 763.29
2008 827.02
2009 917.02
2010 1,026.97
2011 1,117.94
2012 1,222.05
2013 1,355.34
2014 1,441.45
2015 1,526.1
2016 1,601.5
2017 1,641.4
2018 1,721.18
2019 1,853.02
2020 1,956.07
2021 2,051.72
2022-04 2,147.14
Today 2,169.85

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: