₹1 in 2012 is worth ₹1.83 today.

The value of ₹1 from 2012 to 2022

₹1 in 2012 has the purchasing power of about ₹1.83 today, a ₹0.83 increase in 10 years. Between 2012 and today, the rupee experienced an average annual inflation rate of 6.2%, resulting in a cumulative price increase of 82.56%.

According to the Bureau of Labor Statistics consumer price index, today's prices are several times higher than the average price since 2012.

In 2012, the inflation rate was 9.479%. 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 2012 to 2022

Summary	Value
Cumulative price change (from 2012 to today)	82.56%
Average inflation rate (from 2012 to today)	6.2%
Converted amount	₹1.83
Price Difference	₹0.83
CPI in 2012	5065.8
CPI in 2022	9248.3472
Inflation in 2012	9.479%
Inflation in 2022	6.08%
₹1 in 2012	₹1.83 in 2022

Buying power of ₹1 in 2012

If you had ₹1 in your hand in 2012, its adjusted value for inflation today would be ₹1.83. Put another way, you would need ₹1.83 to beat the rising inflation. When ₹1 becomes equivalent to ₹1.83 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 2012 rupees, it's evident how ₹1 loses its worth over 10 years.

Rupee inflation for ₹1 from 2012 to 2022

The below tabular column shows the effect of inflation on ₹1 in the year 2012 to the year 2012.

Year	Rupee Value	Inflation Rate
2012	1	9.479%
2013	1.1	10.01%
2014	1.17	6.66%
2015	1.23	4.907%
2016	1.29	4.95%
2017	1.34	3.33%
2018	1.39	3.94%
2019	1.44	3.73%
2020	1.53	6.62%
2021	1.61	5.13%
2022	1.71	6.08%

Conversion of 2012 rupees to today's price

Based on the 82.56% change in prices, the following 2012 amounts are shown in today's rupees:

Initial value	Today value
₹1 rupee in 2012	₹1.83 rupees today
₹5 rupees in 2012	₹9.13 rupees today
₹10 rupees in 2012	₹18.26 rupees today
₹50 rupees in 2012	₹91.28 rupees today
₹100 rupees in 2012	₹182.56 rupees today
₹500 rupees in 2012	₹912.82 rupees today
₹1,000 rupees in 2012	₹1825.64 rupees today
₹5,000 rupees in 2012	₹9128.22 rupees today
₹10,000 rupees in 2012	₹18256.44 rupees today
₹50,000 rupees in 2012	₹91282.2 rupees today
₹100,000 rupees in 2012	₹182564.4 rupees today
₹500,000 rupees in 2012	₹912821.98 rupees today
₹1,000,000 rupees in 2012	₹1825643.97 rupees today

How to calculate the inflated value of ₹1 in 2012

To calculate the change in value between 2012 and today, we use the following inflation rate formula:

CPI Today / CPI in 2012 x Rupee Value in 2012 = Current Rupee Value

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

9248.3472/ 5065.8 x ₹1 = ₹1.83

To buy the same product that you could buy for ₹1 in 2012, you would need ₹1.83 in 2022.

To calculate the cumulative or total inflation rate in the past 10 years between 2012 and 2022, we use the following formula:

CPI in 2022 - CPI in 2012 / CPI in 2012 x 100 = Cumulative Inflation Rate

By inserting the values to this equation, we get:

( 9248.3472 - 5065.8 / 5065.8) x 100 = 82.56%

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 10 years between 2022 and 2012. The average inflation rate was 6.2041796295381%.

Plugging in the values into the formula, we get:

1 (1+ % 6.2/ 100 ) ^ 10 = ₹1.83