Result: $100 in 2006 → $325.24 in 2023
Value of $100 from 2006 to 2023
$100 in 2006 is equivalent in purchasing power to about $325.24 in 2023, an increase of $225.24 over 17 years. The rupee had an average inflation rate of 7.18% per year between 2006 and 2023, producing a cumulative price increase of 225.24%.
This means that prices in 2023 are 3.25 times as high as average prices since 2006, according to the OECD and the World Bank consumer price index for India.
The inflation rate in 2006 was 5.80%. The inflation rate in 2023 was 7.41%. The 2023 inflation rate is higher compared to the average inflation rate of 4.75% per year between 2023 and 2024.
⌃
| Cumulative price change | 225.24% |
| Average inflation rate | 7.18% |
| Converted amount $100 base | $325.24 |
| Price difference $100 base | $225.24 |
| CPI in 2006 | 47.019 |
| CPI in 2023 | 152.924 |
| Inflation in 2006 | 5.80% |
| Inflation in 2023 | 7.41% |
| $100 in 2006 | $325.24 in 2023 |
Buying power of $100 in 2006
This chart shows a calculation of buying power equivalence for $100 in 2006 (price index tracking began in 1957).
For example, if you started with $100, you would need to end with $325.24 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $325.24 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 2006 dollars, the chart below shows how $100 is worth less over 17 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:
This conversion table shows various other 2006 amounts in 2023 rupees, based on the 225.24% change in prices:
| Initial value | Equivalent value |
|---|---|
| $1 rupee in 2006 | $3.25 rupees in 2023 |
| $5 rupees in 2006 | $16.26 rupees in 2023 |
| $10 rupees in 2006 | $32.52 rupees in 2023 |
| $50 rupees in 2006 | $162.62 rupees in 2023 |
| $100 rupees in 2006 | $325.24 rupees in 2023 |
| $500 rupees in 2006 | $1,626.18 rupees in 2023 |
| $1,000 rupees in 2006 | $3,252.36 rupees in 2023 |
| $5,000 rupees in 2006 | $16,261.82 rupees in 2023 |
| $10,000 rupees in 2006 | $32,523.63 rupees in 2023 |
| $50,000 rupees in 2006 | $162,618.16 rupees in 2023 |
| $100,000 rupees in 2006 | $325,236.33 rupees in 2023 |
| $500,000 rupees in 2006 | $1,626,181.64 rupees in 2023 |
| $1,000,000 rupees in 2006 | $3,252,363.28 rupees in 2023 |
How to calculate inflation rate for $100, 2006 to 2023
Our calculations use the following inflation rate formula to calculate the change in value between 2006 and 2023:
CPI in 2023 CPI in 2006
×
2006 INR value
=
2023 INR value
Then plug in historical CPI values. The Indian CPI was 47.01944 in the year 2006 and 152.9243 in 2023:
152.924347.01944
×
$100
=
$325.24
$100 in 2006 has the same "purchasing power" or "buying power" as $325.24 in 2023.
To get the total inflation rate for the 17 years between 2006 and 2023, we use the following formula:
CPI in 2023 - CPI in 2006CPI in 2006
×
100
=
Cumulative inflation rate (17 years)
Plugging in the values to this equation, we get:
152.9243 - 47.0194447.01944
×
100
=
225%
Data source & citation
You may use the following MLA citation for this page: “$100 in 2006 → 2023 | India Inflation Calculator.” Official Inflation Data, Alioth Finance, 10 May. 2025, https://www.officialdata.org/india/inflation/2006?amount=100&endYear=2023.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 225.24% |
| Average inflation rate | 7.18% |
| Converted amount $100 base | $325.24 |
| Price difference $100 base | $225.24 |
| CPI in 2006 | 47.019 |
| CPI in 2023 | 152.924 |
| Inflation in 2006 | 5.80% |
| Inflation in 2023 | 7.41% |
| $100 in 2006 | $325.24 in 2023 |
