Value of 1995 Indian Rupees today

$100 in 1995

$481.97 in 2019

The inflation rate in India between 1995 and today has been 381.97%, which translates into a total increase of $381.97. This means that 100 rupees in 1995 are equivalent to 481.97 rupees in 2019. In other words, the purchasing power of $100 in 1995 equals $481.97 today. The average annual inflation rate has been 6.49%.

Inflation timeline in India (1995-2019)

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 (1995-2019) 380.5%
Total Inflation* 381.97%
Annual inflation avg. (1995-2019) 6.76%
Annual inflation avg.* 6.49%
CPI 1995 23.96
CPI 2019 115.14
CPI today* 115.49
$1 in 1995 $4.81 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 24 years between 1995 and 2019 and the average inflation rate has been 6.4929%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.06)24 = $480.5

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 1995 was 23.96 and the CPI today is 115.49. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
115.14/23.96
= $480.5

India inflation - Conversion table

Initial Value Equivalent value
$1 rupee in 1995 $4.82 rupees today
$5 rupees in 1995 $24.1 rupees today
$10 rupees in 1995 $48.2 rupees today
$50 rupees in 1995 $240.99 rupees today
$100 rupees in 1995 $481.97 rupees today
$500 rupees in 1995 $2,409.85 rupees today
$1,000 rupees in 1995 $4,819.71 rupees today
$5,000 rupees in 1995 $24,098.55 rupees today
$10,000 rupees in 1995 $48,197.1 rupees today
$50,000 rupees in 1995 $240,985.48 rupees today
$100,000 rupees in 1995 $481,970.96 rupees today
$500,000 rupees in 1995 $2,409,854.82 rupees today
$1,000,000 rupees in 1995 $4,819,709.64 rupees today

Value of Rupee in time (by year)

Period Value
1995 100
1996 109.69
1997 121.11
1998 128.72
1999 148.44
2000 149.13
2001 154.33
2002 162.28
2003 167.47
2004 173.7
2005 180.28
2006 190.31
2007 202.74
2008 213.91
2009 234.66
2010 269.78
2011 295.32
2012 314.48
2013 349.6
2014 381.53
2015 403.88
2016 429.42
2017 439
2018 456.56
2019 480.5
Today 481.97