India Inflation in 2011

INR Inflation Calculator for the year 2011


Enter the INR amount for which you want to calculate inflation from the year 2011:

RESULT: ₹1 in 2011 is worth ₹2.02 today.

You might be interested in calculating the value of ₹1 for the year 2016. Or calculate the value of ₹1 for the year 2021

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₹1 in 2011 is worth ₹2.02 today.

The value of ₹1 from 2011 to 2022

₹1 in 2011 has the purchasing power of about ₹2.02 today, a ₹1.02 increase in 11 years. Between 2011 and today, the rupee experienced an average annual inflation rate of 6.6%, resulting in a cumulative price increase of 102.06%.

According to the Bureau of Labor Statistics consumer price index, today's prices are several times higher than the average price since 2011.

In 2011, the inflation rate was 8.9118%. 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 2011 to 2022

Summary Value
Cumulative price change (from 2011 to today) 102.06%
Average inflation rate (from 2011 to today) 6.6%
Converted amount ₹2.02
Price Difference ₹1.02
CPI in 2011 4577.07
CPI in 2022 9248.3472
Inflation in 2011 8.9118%
Inflation in 2022 6.08%
₹1 in 2011 ₹2.02 in 2022

Buying power of ₹1 in 2011

If you had ₹1 in your hand in 2011, its adjusted value for inflation today would be ₹2.02. Put another way, you would need ₹2.02 to beat the rising inflation. When ₹1 becomes equivalent to ₹2.02 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 2011 rupees, it's evident how ₹1 loses its worth over 11 years.



Rupee inflation for ₹1 from 2011 to 2022

The below tabular column shows the effect of inflation on ₹1 in the year 2011 to the year 2011.

Year Rupee Value Inflation Rate
2011 1 8.9118%
2012 1.09 9.47%
2013 1.2 10.01%
2014 1.28 6.66%
2015 1.35 4.907%
2016 1.41 4.95%
2017 1.46 3.33%
2018 1.52 3.94%
2019 1.58 3.73%
2020 1.68 6.62%
2021 1.77 5.13%
2022 1.87 6.08%


Conversion of 2011 rupees to today's price

Based on the 102.06% change in prices, the following 2011 amounts are shown in today's rupees:


Initial value Today value
₹1 rupee in 2011 ₹2.02 rupees today
₹5 rupees in 2011 ₹10.1 rupees today
₹10 rupees in 2011 ₹20.21 rupees today
₹50 rupees in 2011 ₹101.03 rupees today
₹100 rupees in 2011 ₹202.06 rupees today
₹500 rupees in 2011 ₹1010.29 rupees today
₹1,000 rupees in 2011 ₹2020.58 rupees today
₹5,000 rupees in 2011 ₹10102.91 rupees today
₹10,000 rupees in 2011 ₹20205.82 rupees today
₹50,000 rupees in 2011 ₹101029.12 rupees today
₹100,000 rupees in 2011 ₹202058.24 rupees today
₹500,000 rupees in 2011 ₹1010291.21 rupees today
₹1,000,000 rupees in 2011 ₹2020582.43 rupees today

How to calculate the inflated value of ₹1 in 2011

To calculate the change in value between 2011 and today, we use the following inflation rate formula:

CPI Today / CPI in 2011 x Rupee Value in 2011 = Current Rupee Value

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

9248.3472/ 4577.07 x ₹1 = ₹2.02

To buy the same product that you could buy for ₹1 in 2011, you would need ₹2.02 in 2022.

To calculate the cumulative or total inflation rate in the past 11 years between 2011 and 2022, we use the following formula:

CPI in 2022 - CPI in 2011 / CPI in 2011 x 100 = Cumulative Inflation Rate

By inserting the values to this equation, we get:

( 9248.3472 - 4577.07 / 4577.07) x 100 = 102.06%

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 11 years between 2022 and 2011. The average inflation rate was 6.6032873609672%.

Plugging in the values into the formula, we get:

1 (1+ % 6.6/ 100 ) ^ 11 = ₹2.02