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Value of 1982 Indian Rupees today

$100 in 1982
$1,747.95 in 2022

The inflation rate in India between 1982 and today has been 1,647.95%, which translates into a total increase of $1,647.95. This means that 100 rupees in 1982 are equivalent to 1,747.95 rupees in 2022. In other words, the purchasing power of $100 in 1982 equals $1,747.95 today. The average annual inflation rate between these periods has been 7.41%.

Inflation timeline in India (1982 - 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 1982-2021 1,581.22%
Cumulative inflation 1982-today 1,647.95%
Avg. Annual inflation 1982-2021 7.5%
CPI 1982 8
CPI 2021 134.44
CPI 2022-03 (latest official data) 138.82
CPI today 139.78

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 1982 and 2021, use the corresponding CPI values:

Value2021
=Value1982 ×
CPI2021/CPI1982
=$ 100 ×
134.44/8
$1,681.22

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 139.78:

Valuetoday
=Value1982 ×
CPItoday/CPI1982
=$ 100 ×
139.78/8
$1,747.95

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 39 years between 1982 and 2021 and the average inflation rate was 7.5044%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.075044)39
$1,681.22

India inflation - Conversion table

Initial Value Equivalent value
$1 rupee in 1982 $16.81 rupees in 2021
$5 rupees in 1982 $84.06 rupees in 2021
$10 rupees in 1982 $168.12 rupees in 2021
$50 rupees in 1982 $840.61 rupees in 2021
$100 rupees in 1982 $1,681.22 rupees in 2021
$500 rupees in 1982 $8,406.09 rupees in 2021
$1,000 rupees in 1982 $16,812.17 rupees in 2021
$5,000 rupees in 1982 $84,060.86 rupees in 2021
$10,000 rupees in 1982 $168,121.72 rupees in 2021
$50,000 rupees in 1982 $840,608.6 rupees in 2021
$100,000 rupees in 1982 $1,681,217.21 rupees in 2021
$500,000 rupees in 1982 $8,406,086.04 rupees in 2021
$1,000,000 rupees in 1982 $16,812,172.08 rupees in 2021
Cumulative inflation From 1982 1,647.95%
Avg. annual inflation From 1982 7.41%
CPI 1982 8
CPI today 139.78

Value of Rupee over time (by year)

Period Value
1982 100
1983 111.87
1984 121.17
1985 127.91
1986 139.07
1987 151.31
1988 165.51
1989 177.22
1990 193.12
1991 219.91
1992 245.83
1993 261.38
1994 288.17
1995 317.63
1996 346.15
1997 370.94
1998 420.02
1999 439.64
2000 457.26
2001 474.55
2002 494.94
2003 513.77
2004 533.13
2005 555.77
2006 587.98
2007 625.46
2008 677.68
2009 751.42
2010 841.51
2011 916.06
2012 1,001.37
2013 1,110.59
2014 1,181.15
2015 1,250.51
2016 1,312.3
2017 1,344.99
2018 1,410.36
2019 1,518.39
2020 1,602.84
2021 1,681.22
2022-03 1,735.98
Today 1,747.95

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: