4 ms·
That's not the PPP multiple -- that's the PPP exchange rate. From the chart you stated. Total, National currency units/US dollar, 2000 – 2018 I.e, in PPP term
by aatharuv 7y ago
That's not the PPP multiple -- that's the PPP exchange rate.
From the chart you stated.
Total, National currency units/US dollar, 2000 – 2018
I.e, in PPP terms 18 Rupees is one US Dollar.
In real terms, about 70 Rupees is one US dollar, given a PPP multiplier of slightly under 4 at current nominal exchange rates.