$

Value of 2013 Indian Rupees today

$100 in 2013
$162.6 in 2022

The inflation rate in India between 2013 and today has been 62.6%, which translates into a total increase of $62.6. This means that 100 rupees in 2013 are equivalent to 162.6 rupees in 2022. In other words, the purchasing power of $100 in 2013 equals $162.6 today. The average annual inflation rate between these periods has been 5.55%.

Inflation timeline in India (2013 - 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 2013-2021 51.38%
Cumulative inflation 2013-today 62.6%
Avg. Annual inflation 2013-2021 5.32%
CPI 2013 88.81
CPI 2021 134.44
CPI 2022-07 (latest official data) 143.12
CPI today 144.41

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 2013 and 2021, use the corresponding CPI values:

Value2021
=Value2013 ×
CPI2021/CPI2013
=$ 100 ×
134.44/88.81
$151.38

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 144.41:

Valuetoday
=Value2013 ×
CPItoday/CPI2013
=$ 100 ×
144.41/88.81
$162.6

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 8 years between 2013 and 2021 and the average inflation rate was 5.3195%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.053195)8
$151.38

India inflation - Conversion table

Initial Value Equivalent value
$1 rupee in 2013 $1.51 rupees in 2021
$5 rupees in 2013 $7.57 rupees in 2021
$10 rupees in 2013 $15.14 rupees in 2021
$50 rupees in 2013 $75.69 rupees in 2021
$100 rupees in 2013 $151.38 rupees in 2021
$500 rupees in 2013 $756.9 rupees in 2021
$1,000 rupees in 2013 $1,513.8 rupees in 2021
$5,000 rupees in 2013 $7,569.01 rupees in 2021
$10,000 rupees in 2013 $15,138.03 rupees in 2021
$50,000 rupees in 2013 $75,690.14 rupees in 2021
$100,000 rupees in 2013 $151,380.29 rupees in 2021
$500,000 rupees in 2013 $756,901.43 rupees in 2021
$1,000,000 rupees in 2013 $1,513,802.86 rupees in 2021
Cumulative inflation From 2013 62.6%
Avg. annual inflation From 2013 5.55%
CPI 2013 88.81
CPI today 144.41

Value of Rupee over time (by year)

Period Value
2013 100
2014 106.35
2015 112.6
2016 118.16
2017 121.11
2018 126.99
2019 136.72
2020 144.32
2021 151.38
2022-07 161.15
Today 162.6

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: