Result: $100 in 2021 → $119.15 in 2024
Value of $100 from 2021 to 2024
Updated: June 11, 2025$100 in 2021 is equivalent in purchasing power to about $119.15 today, an increase of $19.15 over 3 years. The rupee had an average inflation rate of 6.02% per year between 2021 and today, producing a cumulative price increase of 19.15%.
This means that today's prices are 1.19 times as high as average prices since 2021, according to the OECD and the World Bank consumer price index for India. A rupee today only buys 83.928% of what it could buy back then.
The inflation rate in 2021 was 4.89%. 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 | 19.15% |
| Average inflation rate | 6.02% |
| Converted amount $100 base | $119.15 |
| Price difference $100 base | $19.15 |
| CPI in 2021 | 134.442 |
| CPI in 2024 | 160.194 |
| Inflation in 2021 | 4.89% |
| Inflation in 2024 | 4.08% |
| $100 in 2021 | $119.15 in 2024 |
Buying power of $100 in 2021
This chart shows a calculation of buying power equivalence for $100 in 2021 (price index tracking began in 1957).
For example, if you started with $100, you would need to end with $119.15 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $119.15 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 2021 dollars, the chart below shows how $100 is worth less over 3 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 2021 amounts in today's rupees, based on the 19.15% change in prices:
| Initial value | Equivalent value |
|---|---|
| $1 rupee in 2021 | $1.19 rupees today |
| $5 rupees in 2021 | $5.96 rupees today |
| $10 rupees in 2021 | $11.92 rupees today |
| $50 rupees in 2021 | $59.58 rupees today |
| $100 rupees in 2021 | $119.15 rupees today |
| $500 rupees in 2021 | $595.77 rupees today |
| $1,000 rupees in 2021 | $1,191.55 rupees today |
| $5,000 rupees in 2021 | $5,957.73 rupees today |
| $10,000 rupees in 2021 | $11,915.45 rupees today |
| $50,000 rupees in 2021 | $59,577.27 rupees today |
| $100,000 rupees in 2021 | $119,154.54 rupees today |
| $500,000 rupees in 2021 | $595,772.68 rupees today |
| $1,000,000 rupees in 2021 | $1,191,545.37 rupees today |
How to calculate inflation rate for $100 since 2021
Our calculations use the following inflation rate formula to calculate the change in value between 2021 and today:
CPI today CPI in 2021
×
2021 INR value
=
Today's value
Then plug in historical CPI values. The Indian CPI was 134.4423 in the year 2021 and 160.1940998279254 in 2024:
160.1940998279254134.4423
×
$100
=
$119.15
$100 in 2021 has the same "purchasing power" or "buying power" as $119.15 in 2024.
To get the total inflation rate for the 3 years between 2021 and 2024, we use the following formula:
CPI in 2024 - CPI in 2021CPI in 2021
×
100
=
Cumulative inflation rate (3 years)
Plugging in the values to this equation, we get:
160.1940998279254 - 134.4423134.4423
×
100
=
19%
Data source & citation
You may use the following MLA citation for this page: “$100 in 2021 → 2024 | India Inflation Calculator.” Official Inflation Data, Alioth Finance, 21 Jun. 2025, https://www.officialdata.org/india/inflation/2021?amount=100.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 19.15% |
| Average inflation rate | 6.02% |
| Converted amount $100 base | $119.15 |
| Price difference $100 base | $19.15 |
| CPI in 2021 | 134.442 |
| CPI in 2024 | 160.194 |
| Inflation in 2021 | 4.89% |
| Inflation in 2024 | 4.08% |
| $100 in 2021 | $119.15 in 2024 |
