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Value of 2005 Indian Rupees today

$100 in 2005
$324.98 in 2022

The inflation rate in India between 2005 and today has been 224.98%, which translates into a total increase of $224.98. This means that 100 rupees in 2005 are equivalent to 324.98 rupees in 2022. In other words, the purchasing power of $100 in 2005 equals $324.98 today. The average annual inflation rate between these periods has been 7.18%.

Inflation timeline in India (2005 - 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 2005-2021 202.5%
Cumulative inflation 2005-today 224.98%
Avg. Annual inflation 2005-2021 7.16%
CPI 2005 44.44
CPI 2021 134.44
CPI 2022-07 (latest official data) 143.12
CPI today 144.43

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 2005 and 2021, use the corresponding CPI values:

Value2021
=Value2005 ×
CPI2021/CPI2005
=$ 100 ×
134.44/44.44
$302.5

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 144.43:

Valuetoday
=Value2005 ×
CPItoday/CPI2005
=$ 100 ×
144.43/44.44
$324.98

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 16 years between 2005 and 2021 and the average inflation rate was 7.1632%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.071632)16
$302.5

India inflation - Conversion table

Initial Value Equivalent value
$1 rupee in 2005 $3.03 rupees in 2021
$5 rupees in 2005 $15.13 rupees in 2021
$10 rupees in 2005 $30.25 rupees in 2021
$50 rupees in 2005 $151.25 rupees in 2021
$100 rupees in 2005 $302.5 rupees in 2021
$500 rupees in 2005 $1,512.52 rupees in 2021
$1,000 rupees in 2005 $3,025.03 rupees in 2021
$5,000 rupees in 2005 $15,125.16 rupees in 2021
$10,000 rupees in 2005 $30,250.31 rupees in 2021
$50,000 rupees in 2005 $151,251.55 rupees in 2021
$100,000 rupees in 2005 $302,503.1 rupees in 2021
$500,000 rupees in 2005 $1,512,515.5 rupees in 2021
$1,000,000 rupees in 2005 $3,025,031.01 rupees in 2021
Cumulative inflation From 2005 224.98%
Avg. annual inflation From 2005 7.18%
CPI 2005 44.44
CPI today 144.43

Value of Rupee over time (by year)

Period Value
2005 100
2006 105.8
2007 112.54
2008 121.93
2009 135.2
2010 151.41
2011 164.83
2012 180.18
2013 199.83
2014 212.53
2015 225.01
2016 236.12
2017 242.01
2018 253.77
2019 273.21
2020 288.4
2021 302.5
2022-07 322.03
Today 324.98

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: