₹1 in 2017 is worth ₹1.36 today.

The value of ₹1 from 2017 to 2022

₹1 in 2017 has the purchasing power of about ₹1.36 today, a ₹0.36 increase in 5 years. Between 2017 and today, the rupee experienced an average annual inflation rate of 6.38%, resulting in a cumulative price increase of 36.25%.

According to the Bureau of Labor Statistics consumer price index, today's prices are several times higher than the average price since 2017.

In 2017, the inflation rate was 3.3282%. 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 2017 to 2022

Summary	Value
Cumulative price change (from 2017 to today)	36.25%
Average inflation rate (from 2017 to today)	6.38%
Converted amount	₹1.36
Price Difference	₹0.36
CPI in 2017	6787.62
CPI in 2022	9248.3472
Inflation in 2017	3.3282%
Inflation in 2022	6.08%
₹1 in 2017	₹1.36 in 2022

Buying power of ₹1 in 2017

If you had ₹1 in your hand in 2017, its adjusted value for inflation today would be ₹1.36. Put another way, you would need ₹1.36 to beat the rising inflation. When ₹1 becomes equivalent to ₹1.36 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 2017 rupees, it's evident how ₹1 loses its worth over 5 years.

Rupee inflation for ₹1 from 2017 to 2022

The below tabular column shows the effect of inflation on ₹1 in the year 2017 to the year 2017.

Year	Rupee Value	Inflation Rate
2017	1	3.3282%
2018	1.04	3.94%
2019	1.08	3.73%
2020	1.15	6.62%
2021	1.21	5.13%
2022	1.28	6.08%

Conversion of 2017 rupees to today's price

Based on the 36.25% change in prices, the following 2017 amounts are shown in today's rupees:

Initial value	Today value
₹1 rupee in 2017	₹1.36 rupees today
₹5 rupees in 2017	₹6.81 rupees today
₹10 rupees in 2017	₹13.63 rupees today
₹50 rupees in 2017	₹68.13 rupees today
₹100 rupees in 2017	₹136.25 rupees today
₹500 rupees in 2017	₹681.27 rupees today
₹1,000 rupees in 2017	₹1362.53 rupees today
₹5,000 rupees in 2017	₹6812.66 rupees today
₹10,000 rupees in 2017	₹13625.32 rupees today
₹50,000 rupees in 2017	₹68126.58 rupees today
₹100,000 rupees in 2017	₹136253.17 rupees today
₹500,000 rupees in 2017	₹681265.83 rupees today
₹1,000,000 rupees in 2017	₹1362531.67 rupees today

How to calculate the inflated value of ₹1 in 2017

To calculate the change in value between 2017 and today, we use the following inflation rate formula:

CPI Today / CPI in 2017 x Rupee Value in 2017 = Current Rupee Value

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

9248.3472/ 6787.62 x ₹1 = ₹1.36

To buy the same product that you could buy for ₹1 in 2017, you would need ₹1.36 in 2022.

To calculate the cumulative or total inflation rate in the past 5 years between 2017 and 2022, we use the following formula:

CPI in 2022 - CPI in 2017 / CPI in 2017 x 100 = Cumulative Inflation Rate

By inserting the values to this equation, we get:

( 9248.3472 - 6787.62 / 6787.62) x 100 = 36.25%

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 5 years between 2022 and 2017. The average inflation rate was 6.382286624074%.

Plugging in the values into the formula, we get:

1 (1+ % 6.38/ 100 ) ^ 5 = ₹1.36