Value of 1986 Indian Rupees today

$100 in 1986

$1,088.94 in 2019

The inflation rate in India between 1986 and today has been 988.94%, which translates into a total increase of $988.94. This means that 100 rupees in 1986 are equivalent to 1,088.94 rupees in 2019. In other words, the purchasing power of $100 in 1986 equals $1,088.94 today. The average annual inflation rate has been 7.28%.

Inflation timeline in India (1986-2019)

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 (1986-2019) 986.41%
Total Inflation* 988.94%
Annual inflation avg. (1986-2019) 7.5%
Annual inflation avg.* 7.28%
CPI 1986 10.6
CPI 2019 115.14
CPI today* 115.41
$1 in 1986 $10.86 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 33 years between 1986 and 2019 and the average inflation rate has been 7.2754%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.07)33 = $1,086.41

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 1986 was 10.6 and the CPI today is 115.41. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
115.14/10.6
= $1,086.41

India inflation - Conversion table

Initial Value Equivalent value
$1 rupee in 1986 $10.89 rupees today
$5 rupees in 1986 $54.45 rupees today
$10 rupees in 1986 $108.89 rupees today
$50 rupees in 1986 $544.47 rupees today
$100 rupees in 1986 $1,088.94 rupees today
$500 rupees in 1986 $5,444.72 rupees today
$1,000 rupees in 1986 $10,889.45 rupees today
$5,000 rupees in 1986 $54,447.24 rupees today
$10,000 rupees in 1986 $108,894.49 rupees today
$50,000 rupees in 1986 $544,472.44 rupees today
$100,000 rupees in 1986 $1,088,944.87 rupees today
$500,000 rupees in 1986 $5,444,724.35 rupees today
$1,000,000 rupees in 1986 $10,889,448.71 rupees today

Value of Rupee in time (by year)

Period Value
1986 100
1987 109.21
1988 119.38
1989 129.87
1990 136.91
1991 155.69
1992 176.03
1993 190.11
1994 206.54
1995 226.1
1996 248.01
1997 273.82
1998 291.04
1999 335.63
2000 337.19
2001 348.93
2002 366.92
2003 378.66
2004 392.74
2005 407.61
2006 430.29
2007 458.39
2008 483.65
2009 530.57
2010 609.98
2011 667.73
2012 711.04
2013 790.45
2014 862.63
2015 913.16
2016 970.91
2017 992.57
2018 1,032.27
2019 1,086.41
Today 1,088.94