₹1 in 2015 is worth ₹1.48 today.

The value of ₹1 from 2015 to 2022

₹1 in 2015 has the purchasing power of about ₹1.48 today, a ₹0.48 increase in 7 years. Between 2015 and today, the rupee experienced an average annual inflation rate of 5.8%, resulting in a cumulative price increase of 48.39%.

According to the Bureau of Labor Statistics consumer price index, today's prices are several times higher than the average price since 2015.

In 2015, the inflation rate was 4.907%. 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 2015 to 2022

Summary	Value
Cumulative price change (from 2015 to today)	48.39%
Average inflation rate (from 2015 to today)	5.8%
Converted amount	₹1.48
Price Difference	₹0.48
CPI in 2015	6232.5
CPI in 2022	9248.3472
Inflation in 2015	4.907%
Inflation in 2022	6.08%
₹1 in 2015	₹1.48 in 2022

Buying power of ₹1 in 2015

If you had ₹1 in your hand in 2015, its adjusted value for inflation today would be ₹1.48. Put another way, you would need ₹1.48 to beat the rising inflation. When ₹1 becomes equivalent to ₹1.48 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 2015 rupees, it's evident how ₹1 loses its worth over 7 years.

Rupee inflation for ₹1 from 2015 to 2022

The below tabular column shows the effect of inflation on ₹1 in the year 2015 to the year 2015.

Year	Rupee Value	Inflation Rate
2015	1	4.907%
2016	1.05	4.95%
2017	1.08	3.33%
2018	1.13	3.94%
2019	1.17	3.73%
2020	1.25	6.62%
2021	1.31	5.13%
2022	1.39	6.08%

Conversion of 2015 rupees to today's price

Based on the 48.39% change in prices, the following 2015 amounts are shown in today's rupees:

Initial value	Today value
₹1 rupee in 2015	₹1.48 rupees today
₹5 rupees in 2015	₹7.42 rupees today
₹10 rupees in 2015	₹14.84 rupees today
₹50 rupees in 2015	₹74.19 rupees today
₹100 rupees in 2015	₹148.39 rupees today
₹500 rupees in 2015	₹741.95 rupees today
₹1,000 rupees in 2015	₹1483.89 rupees today
₹5,000 rupees in 2015	₹7419.45 rupees today
₹10,000 rupees in 2015	₹14838.9 rupees today
₹50,000 rupees in 2015	₹74194.52 rupees today
₹100,000 rupees in 2015	₹148389.04 rupees today
₹500,000 rupees in 2015	₹741945.22 rupees today
₹1,000,000 rupees in 2015	₹1483890.45 rupees today

How to calculate the inflated value of ₹1 in 2015

To calculate the change in value between 2015 and today, we use the following inflation rate formula:

CPI Today / CPI in 2015 x Rupee Value in 2015 = Current Rupee Value

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

9248.3472/ 6232.5 x ₹1 = ₹1.48

To buy the same product that you could buy for ₹1 in 2015, you would need ₹1.48 in 2022.

To calculate the cumulative or total inflation rate in the past 7 years between 2015 and 2022, we use the following formula:

CPI in 2022 - CPI in 2015 / CPI in 2015 x 100 = Cumulative Inflation Rate

By inserting the values to this equation, we get:

( 9248.3472 - 6232.5 / 6232.5) x 100 = 48.39%

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 7 years between 2022 and 2015. The average inflation rate was 5.8000753297713%.

Plugging in the values into the formula, we get:

1 (1+ % 5.8/ 100 ) ^ 7 = ₹1.48