₹1 in 2010 is worth ₹2.24 today.

The value of ₹1 from 2010 to 2022

₹1 in 2010 has the purchasing power of about ₹2.24 today, a ₹1.24 increase in 12 years. Between 2010 and today, the rupee experienced an average annual inflation rate of 6.96%, resulting in a cumulative price increase of 124.21%.

According to the Bureau of Labor Statistics consumer price index, today's prices are several times higher than the average price since 2010.

In 2010, the inflation rate was 11.9894%. Inflation is now 6.08% higher than it was last year. If this figure holds true, ₹1 today will be worth ₹7.08 next year in purchasing power.

Inflation from 2010 to 2022

Summary	Value
Cumulative price change (from 2010 to today)	124.21%
Average inflation rate (from 2010 to today)	6.96%
Converted amount	₹2.24
Price Difference	₹1.24
CPI in 2010	4124.77
CPI in 2022	9248.3472
Inflation in 2010	11.9894%
Inflation in 2022	6.08%
₹1 in 2010	₹2.24 in 2022

Buying power of ₹1 in 2010

If you had ₹1 in your hand in 2010, its adjusted value for inflation today would be ₹2.24. Put another way, you would need ₹2.24 to beat the rising inflation. When ₹1 becomes equivalent to ₹2.24 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 2010 rupees, it's evident how ₹1 loses its worth over 12 years.

Rupee inflation for ₹1 from 2010 to 2022

The below tabular column shows the effect of inflation on ₹1 in the year 2010 to the year 2010.

Year	Rupee Value	Inflation Rate
2010	1	11.9894%
2011	1.09	8.91%
2012	1.19	9.47%
2013	1.31	10.01%
2014	1.4	6.66%
2015	1.47	4.907%
2016	1.54	4.95%
2017	1.59	3.33%
2018	1.65	3.94%
2019	1.72	3.73%
2020	1.83	6.62%
2021	1.92	5.13%
2022	2.04	6.08%

Conversion of 2010 rupees to today's price

Based on the 124.21% change in prices, the following 2010 amounts are shown in today's rupees:

Initial value	Today value
₹1 rupee in 2010	₹2.24 rupees today
₹5 rupees in 2010	₹11.21 rupees today
₹10 rupees in 2010	₹22.42 rupees today
₹50 rupees in 2010	₹112.11 rupees today
₹100 rupees in 2010	₹224.21 rupees today
₹500 rupees in 2010	₹1121.07 rupees today
₹1,000 rupees in 2010	₹2242.15 rupees today
₹5,000 rupees in 2010	₹11210.74 rupees today
₹10,000 rupees in 2010	₹22421.49 rupees today
₹50,000 rupees in 2010	₹112107.43 rupees today
₹100,000 rupees in 2010	₹224214.86 rupees today
₹500,000 rupees in 2010	₹1121074.29 rupees today
₹1,000,000 rupees in 2010	₹2242148.58 rupees today

How to calculate the inflated value of ₹1 in 2010

To calculate the change in value between 2010 and today, we use the following inflation rate formula:

CPI Today / CPI in 2010 x Rupee Value in 2010 = Current Rupee Value

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

9248.3472/ 4124.77 x ₹1 = ₹2.24

To buy the same product that you could buy for ₹1 in 2010, you would need ₹2.24 in 2022.

To calculate the cumulative or total inflation rate in the past 12 years between 2010 and 2022, we use the following formula:

CPI in 2022 - CPI in 2010 / CPI in 2010 x 100 = Cumulative Inflation Rate

By inserting the values to this equation, we get:

( 9248.3472 - 4124.77 / 4124.77) x 100 = 124.21%

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 ₹1 is worth today. We have 12 years between 2022 and 2010. The average inflation rate was 6.9601571613846%.

Plugging in the values into the formula, we get:

1 (1+ % 6.96/ 100 ) ^ 12 = ₹2.24