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Value of 1990 Indian Rupees today

$100 in 1990
$905.38 in 2022

The inflation rate in India between 1990 and today has been 805.38%, which translates into a total increase of $805.38. This means that 100 rupees in 1990 are equivalent to 905.38 rupees in 2022. In other words, the purchasing power of $100 in 1990 equals $905.38 today. The average annual inflation rate between these periods has been 7.13%.

Inflation timeline in India (1990 - 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 1990-2021 770.56%
Cumulative inflation 1990-today 805.38%
Avg. Annual inflation 1990-2021 7.23%
CPI 1990 15.44
CPI 2021 134.44
CPI 2022-03 (latest official data) 138.82
CPI today 139.82

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 1990 and 2021, use the corresponding CPI values:

Value2021
=Value1990 ×
CPI2021/CPI1990
=$ 100 ×
134.44/15.44
$870.56

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 139.82:

Valuetoday
=Value1990 ×
CPItoday/CPI1990
=$ 100 ×
139.82/15.44
$905.38

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 31 years between 1990 and 2021 and the average inflation rate was 7.2299%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.072299)31
$870.56

India inflation - Conversion table

Initial Value Equivalent value
$1 rupee in 1990 $8.71 rupees in 2021
$5 rupees in 1990 $43.53 rupees in 2021
$10 rupees in 1990 $87.06 rupees in 2021
$50 rupees in 1990 $435.28 rupees in 2021
$100 rupees in 1990 $870.56 rupees in 2021
$500 rupees in 1990 $4,352.8 rupees in 2021
$1,000 rupees in 1990 $8,705.59 rupees in 2021
$5,000 rupees in 1990 $43,527.96 rupees in 2021
$10,000 rupees in 1990 $87,055.93 rupees in 2021
$50,000 rupees in 1990 $435,279.65 rupees in 2021
$100,000 rupees in 1990 $870,559.29 rupees in 2021
$500,000 rupees in 1990 $4,352,796.47 rupees in 2021
$1,000,000 rupees in 1990 $8,705,592.94 rupees in 2021
Cumulative inflation From 1990 805.38%
Avg. annual inflation From 1990 7.13%
CPI 1990 15.44
CPI today 139.82

Value of Rupee over time (by year)

Period Value
1990 100
1991 113.87
1992 127.29
1993 135.35
1994 149.22
1995 164.47
1996 179.24
1997 192.08
1998 217.49
1999 227.65
2000 236.78
2001 245.73
2002 256.29
2003 266.04
2004 276.06
2005 287.79
2006 304.47
2007 323.87
2008 350.91
2009 389.1
2010 435.75
2011 474.35
2012 518.52
2013 575.08
2014 611.62
2015 647.53
2016 679.53
2017 696.45
2018 730.31
2019 786.25
2020 829.97
2021 870.56
2022-03 898.92
Today 905.38

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: