Result: $100 in 2020 → $124.98 in 2024
Value of $100 from 2020 to 2024
Updated: April 10, 2025$100 in 2020 is equivalent in purchasing power to about $124.98 today, an increase of $24.98 over 4 years. The rupee had an average inflation rate of 5.73% per year between 2020 and today, producing a cumulative price increase of 24.98%.
This means that today's prices are 1.25 times as high as average prices since 2020, according to the OECD and the World Bank consumer price index for India. A rupee today only buys 80.013% of what it could buy back then.
The inflation rate in 2020 was 5.56%. The current inflation rate compared to the end of last year is now 4.08%. If this number holds, $100 today will be equivalent in buying power to $104.08 next year.
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| Cumulative price change | 24.98% |
| Average inflation rate | 5.73% |
| Converted amount $100 base | $124.98 |
| Price difference $100 base | $24.98 |
| CPI in 2020 | 128.174 |
| CPI in 2024 | 160.194 |
| Inflation in 2020 | 5.56% |
| Inflation in 2024 | 4.08% |
| $100 in 2020 | $124.98 in 2024 |
Buying power of $100 in 2020
This chart shows a calculation of buying power equivalence for $100 in 2020 (price index tracking began in 1957).
For example, if you started with $100, you would need to end with $124.98 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $124.98 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 2020 dollars, the chart below shows how $100 is worth less over 4 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 2020 amounts in today's rupees, based on the 24.98% change in prices:
| Initial value | Equivalent value |
|---|---|
| $1 rupee in 2020 | $1.25 rupees today |
| $5 rupees in 2020 | $6.25 rupees today |
| $10 rupees in 2020 | $12.50 rupees today |
| $50 rupees in 2020 | $62.49 rupees today |
| $100 rupees in 2020 | $124.98 rupees today |
| $500 rupees in 2020 | $624.91 rupees today |
| $1,000 rupees in 2020 | $1,249.81 rupees today |
| $5,000 rupees in 2020 | $6,249.07 rupees today |
| $10,000 rupees in 2020 | $12,498.14 rupees today |
| $50,000 rupees in 2020 | $62,490.68 rupees today |
| $100,000 rupees in 2020 | $124,981.35 rupees today |
| $500,000 rupees in 2020 | $624,906.77 rupees today |
| $1,000,000 rupees in 2020 | $1,249,813.53 rupees today |
How to calculate inflation rate for $100 since 2020
Our calculations use the following inflation rate formula to calculate the change in value between 2020 and today:
CPI today CPI in 2020
×
2020 INR value
=
Today's value
Then plug in historical CPI values. The Indian CPI was 128.1744 in the year 2020 and 160.1940998279254 in 2024:
160.1940998279254128.1744
×
$100
=
$124.98
$100 in 2020 has the same "purchasing power" or "buying power" as $124.98 in 2024.
To get the total inflation rate for the 4 years between 2020 and 2024, we use the following formula:
CPI in 2024 - CPI in 2020CPI in 2020
×
100
=
Cumulative inflation rate (4 years)
Plugging in the values to this equation, we get:
160.1940998279254 - 128.1744128.1744
×
100
=
25%
Data source & citation
You may use the following MLA citation for this page: “$100 in 2020 → 2024 | India Inflation Calculator.” Official Inflation Data, Alioth Finance, 4 Jun. 2025, https://www.officialdata.org/india/inflation/2020?amount=100.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 24.98% |
| Average inflation rate | 5.73% |
| Converted amount $100 base | $124.98 |
| Price difference $100 base | $24.98 |
| CPI in 2020 | 128.174 |
| CPI in 2024 | 160.194 |
| Inflation in 2020 | 5.56% |
| Inflation in 2024 | 4.08% |
| $100 in 2020 | $124.98 in 2024 |
