You might be interested in calculating the value of ₹ for the year . Or calculate the value of ₹ for the year

.# ₹ in is worth ₹ today.

## The value of ₹ from to

₹ in has the purchasing power of about ₹ today, a ₹ increase in years. Between and today, the rupee experienced an average annual inflation rate of %, resulting in a cumulative price increase of %.

According to the Bureau of Labor Statistics consumer price index, today's prices are several times higher than the average price since .

In , the inflation rate was %. Inflation is now % higher than it was last year. If this figure holds true, ₹ today will be worth ₹ next year in purchasing power.

## Inflation from to

Summary | Value |
---|---|

Cumulative price change (from to today) | % |

Average inflation rate (from to today) | % |

Converted amount | ₹ |

Price Difference | ₹ |

CPI in | |

CPI in | |

Inflation in | % |

Inflation in | % |

₹ in | ₹ in |

## Buying power of ₹ in

If you had ₹ in your hand in , its adjusted value for inflation today would be ₹. Put another way, you would need ₹ to beat the rising inflation. When ₹ becomes equivalent to ₹ over time, the "real value" of a single Indian rupee decreases. In other words, a rupee will pay for fewer items at the store.

This effect explains how inflation gradually erodes the value of a rupee. By calculating the value in rupees, it's evident how ₹ loses its worth over years.

## Rupee inflation for ₹ from to

The below tabular column shows the effect of inflation on ₹ in the year to the year .

Year | Rupee Value | Inflation Rate |
---|---|---|

% | ||

2006 | 5.7965% | |

2007 | 6.3729% | |

2008 | 8.3493% | |

2009 | -0.36% | |

2010 | 1.64% | |

2011 | 8.91% | |

2012 | 9.47% | |

2013 | 10.01% | |

2014 | 6.66% | |

2015 | 4.907% | |

2016 | 4.95% | |

2017 | 3.33% | |

2018 | 3.94% | |

2019 | 3.73% | |

2020 | 6.62% | |

2021 | 5.13% | |

2022 | 6.08% |

## Conversion of rupees to today's price

Based on the % change in prices, the following amounts are shown in today's rupees:

Initial value |
Today value |
---|---|

₹1 rupee in | ₹ rupees today |

₹5 rupees in | ₹ rupees today |

₹10 rupees in | ₹ rupees today |

₹50 rupees in | ₹ rupees today |

₹100 rupees in | ₹ rupees today |

₹500 rupees in | ₹ rupees today |

₹1,000 rupees in | ₹ rupees today |

₹5,000 rupees in | ₹ rupees today |

₹10,000 rupees in | ₹ rupees today |

₹50,000 rupees in | ₹ rupees today |

₹100,000 rupees in | ₹ rupees today |

₹500,000 rupees in | ₹ rupees today |

₹1,000,000 rupees in | ₹ rupees today |

## How to calculate the inflated value of ₹ in

To calculate the change in value between and today, we use the following inflation rate formula:

CPI Today / CPI in x Rupee Value in = Current Rupee Value

By plugging the values into the formula above, we get:

/ x ₹ = ₹

To buy the same product that you could buy for ₹ in , you would need ₹ in .

### To calculate the cumulative or total inflation rate in the past years between and , we use the following formula:

CPI in - CPI in / CPI in x 100 = Cumulative Inflation Rate

By inserting the values to this equation, we get:

( - / ) x 100 = %

### Alternate method to calculate today's value of money after inflation - Using compound interest formula

Given that money changes over time due to inflation, which acts as compound interest, we can use the following formula:

FV = PV (1+i/100)^n

where,

- FV = Future value
- PV = Present value
- i: Average interest rate (inflation)
- n: Number of times the interest is compounded (i.e. # of years)

The future value in this case represents the amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much ₹ is worth today. We have years between and . The average inflation rate was %.

Plugging in the values into the formula, we get:

(1+ % / 100 ) ^ = ₹