India Inflation Calculator

$

Result: $100 in 1958 → $8,867.38 in 2022


The Indian Rupee has lost 99% its value since 1958

Updated: August 10, 2022

$100 in 1958 is equivalent in purchasing power to about $8,867.38 today, an increase of $8,767.38 over 64 years. The rupee had an average inflation rate of 7.26% per year between 1958 and today, producing a cumulative price increase of 8,767.38%.

This means that today's prices are 88.67 times higher than average prices since 1958, according to the OECD and the World Bank consumer price index for India. A rupee today only buys 1.128% of what it could buy back then.

The inflation rate in 1958 was 4.78%. The current inflation rate compared to last year is now 6.16%. If this number holds, $100 today will be equivalent in buying power to $106.16 next year.


Inflation from 1958 to 2022
Cumulative price change8,767.38%
Average inflation rate7.26%
Converted amount ($100 base)$8,867.38
Price difference ($100 base)$8,767.38
CPI in 19581.598
CPI in 2022141.723
Inflation in 19584.78%
Inflation in 20226.16%
$100 in 1958$8,867.38 in 2022

INR inflation since 1958
Annual Rate, the OECD and the World Bank CPI
Download

Buying power of $100 in 1958

This chart shows a calculation of buying power equivalence for $100 in 1958 (price index tracking began in 1957).

For example, if you started with $100, you would need to end with $8,867.38 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $100 is equivalent to $8,867.38 over time, that means that the "real value" of a single Indian rupee decreases over time. In other words, a rupee will pay for fewer items at the store.

This effect explains how inflation erodes the value of a rupee over time. By calculating the value in 1958 dollars, the chart below shows how $100 is worth less over 64 years.

According to the OECD and the World Bank, each of these INR amounts below is equal in terms of what it could buy at the time:

Rupee inflation: 1958-2022
YearRupee ValueInflation Rate
1958$100.004.78%
1959$104.564.56%
1960$106.421.78%
1961$108.221.70%
1962$112.153.63%
1963$115.462.95%
1964$130.8813.36%
1965$143.289.47%
1966$158.7510.80%
1967$179.4913.06%
1968$185.303.24%
1969$184.22-0.58%
1970$193.605.09%
1971$199.563.08%
1972$212.426.44%
1973$248.4016.94%
1974$319.4528.60%
1975$337.815.75%
1976$312.02-7.63%
1977$337.948.31%
1978$346.472.52%
1979$368.216.28%
1980$409.9911.35%
1981$463.7513.11%
1982$500.347.89%
1983$559.7211.87%
1984$606.298.32%
1985$639.975.56%
1986$695.848.73%
1987$757.088.80%
1988$828.129.38%
1989$886.717.07%
1990$966.268.97%
1991$1,100.2813.87%
1992$1,229.9811.79%
1993$1,307.806.33%
1994$1,441.8210.25%
1995$1,589.2410.22%
1996$1,731.918.98%
1997$1,855.997.16%
1998$2,101.5513.23%
1999$2,199.694.67%
2000$2,287.894.01%
2001$2,374.353.78%
2002$2,476.384.30%
2003$2,570.633.81%
2004$2,667.473.77%
2005$2,780.744.25%
2006$2,941.935.80%
2007$3,129.426.37%
2008$3,390.708.35%
2009$3,759.6910.88%
2010$4,210.4511.99%
2011$4,583.438.86%
2012$5,010.269.31%
2013$5,556.7610.91%
2014$5,909.796.35%
2015$6,256.845.87%
2016$6,565.994.94%
2017$6,729.542.49%
2018$7,056.644.86%
2019$7,597.167.66%
2020$8,019.665.56%
2021$8,411.834.89%
2022$8,867.385.42%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 58 more rows

This conversion table shows various other 1958 amounts in today's rupees, based on the 8,767.38% change in prices:

Conversion: 1958 rupees today
Initial valueEquivalent value
$1 rupee in 1958$88.67 rupees today
$5 rupees in 1958$443.37 rupees today
$10 rupees in 1958$886.74 rupees today
$50 rupees in 1958$4,433.69 rupees today
$100 rupees in 1958$8,867.38 rupees today
$500 rupees in 1958$44,336.91 rupees today
$1,000 rupees in 1958$88,673.81 rupees today
$5,000 rupees in 1958$443,369.07 rupees today
$10,000 rupees in 1958$886,738.14 rupees today
$50,000 rupees in 1958$4,433,690.68 rupees today
$100,000 rupees in 1958$8,867,381.36 rupees today
$500,000 rupees in 1958$44,336,906.82 rupees today
$1,000,000 rupees in 1958$88,673,813.64 rupees today

How to calculate inflation rate for $100 since 1958

Our calculations use the following inflation rate formula to calculate the change in value between 1958 and today:

CPI today CPI in 1958
×
1958 INR value
=
Today's value

Then plug in historical CPI values. The Indian CPI was 1.598252 in the year 1958 and 141.7231 in 2022:

141.72311.598252
×
$100
=
$8,867.38

$100 in 1958 has the same "purchasing power" or "buying power" as $8,867.38 in 2022.

To get the total inflation rate for the 64 years between 1958 and 2022, we use the following formula:

CPI in 2022 - CPI in 1958CPI in 1958
×
100
=
Cumulative inflation rate (64 years)

Plugging in the values to this equation, we get:

141.7231 - 1.5982521.598252
×
100
=
8,767%

Data source & citation

You may use the following MLA citation for this page: “India Inflation Calculator: World Bank data, 1958-2022 (INR).” Official Inflation Data, Alioth Finance, 10 Aug. 2022, https://www.officialdata.org/india/inflation.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

Email · LinkedIn · Twitter


» Read more about inflation and investment.

Inflation from 1958 to 2022
Cumulative price change8,767.38%
Average inflation rate7.26%
Converted amount ($100 base)$8,867.38
Price difference ($100 base)$8,767.38
CPI in 19581.598
CPI in 2022141.723
Inflation in 19584.78%
Inflation in 20226.16%
$100 in 1958$8,867.38 in 2022