Welcome to Value My Money
Confused What To do?
What is Inflation?
Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.
So in layman terms: If you have ₹100 today and inflation is 2% then next
year its value will decrease by 2% so you will have to pay ₹102
This tool helps you to figure out what was the value of money in the past (only depends on inflation)
A point to note here is that the price of things depend on many other factors not just infaltion.