Updated in 2019Based on the World Banks data on PPP, it will cost you $0.
275 in India to buy a basket of goods worth $1.
PPP conversion factor (GDP) to market exchange rate rationSo based on that, and todays currency conversion rate of 68.
51 INR/$, I would calculate the PPP exchange rate to be 68.
51 * 0.
275 = 18.