This tool is useful to calculate the time value of money based on historical inflation and CPI values. To start, select an amount and two years, or browse the default calculation results.
The cumulative inflation rate in Australia between 1948 Q3 and 2025 Q3 was 3,782.28%, meaning that overall prices were 38.8 times higher than they were in 1948 Q3. In other words, the purchasing power of $100 in 1948 Q3 was equivalent to $3,882.28 in 2025 Q3. The average annual inflation rate over this period was 1.2%.
The chart below shows how the value of $100 changes over time when adjusted for inflation, based on Consumer Price Index (CPI) data. All values are equivalent in terms of purchasing power, indicating how much money would be needed each year to buy the same goods or services.
All calculations are performed in Australian dollars with six-decimal precision, though displayed values are rounded to two decimals for readability. Inflation figures are sourced from official government and international reports released monthly.
The following table contains relevant indicators:
| Indicator | Value |
|---|---|
| Cumulative inflation from 1948-Q3 to 2025-Q3 | 3,782.28% |
| Avg. Quarterly inflation from 1948-Q3 to 2025-Q3 | 1.2% |
| CPI 1948-Q3 | 3.44 |
| CPI 2025-Q3 | 133.41 |
There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.
When we have both the start and end quarters, we can use the following formula:
To obtain the values equivalent in buying power between 1948 Q3 and 2025 Q3, use the corresponding CPI values:
Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:
In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are $100 worth today. There are 308 quarters between 1948 Q3 and 2025 Q3 and the average inflation rate was 1.1951%. Therefore, we can resolve the formula like this:
| Initial Value | Equivalent value | |
|---|---|---|
| $1 dollar in 1948-Q3 | → | $38.82 dollars in 2025-Q3 |
| $5 dollars in 1948-Q3 | → | $194.11 dollars in 2025-Q3 |
| $10 dollars in 1948-Q3 | → | $388.23 dollars in 2025-Q3 |
| $50 dollars in 1948-Q3 | → | $1,941.14 dollars in 2025-Q3 |
| $100 dollars in 1948-Q3 | → | $3,882.28 dollars in 2025-Q3 |
| $500 dollars in 1948-Q3 | → | $19,411.41 dollars in 2025-Q3 |
| $1,000 dollars in 1948-Q3 | → | $38,822.83 dollars in 2025-Q3 |
| $5,000 dollars in 1948-Q3 | → | $194,114.14 dollars in 2025-Q3 |
| $10,000 dollars in 1948-Q3 | → | $388,228.27 dollars in 2025-Q3 |
| $50,000 dollars in 1948-Q3 | → | $1,941,141.36 dollars in 2025-Q3 |
| $100,000 dollars in 1948-Q3 | → | $3,882,282.72 dollars in 2025-Q3 |
| $500,000 dollars in 1948-Q3 | → | $19,411,413.61 dollars in 2025-Q3 |
| $1,000,000 dollars in 1948-Q3 | → | $38,822,827.21 dollars in 2025-Q3 |
| Cumulative inflation 1948 Q3-2025 Q3 | 3,782.28% |
| Avg. quarterly inflation 1948 Q3-2025 Q3 | 1.2% |
| Avg. annual inflation 1949-2024 | 4.83% |
| CPI 1948-Q3 | 3.44 |
| CPI 2025-Q3 | 133.41 |
| Period | Value |
|---|---|
| 1948-Q3 | 100 |
| 1948-Q4 | 102.7 |
| 1949-Q1 | 105.41 |
| 1949-Q2 | 108.11 |
| 1949-Q3 | 110.81 |
| 1949-Q4 | 110.81 |
| 1950-Q1 | 113.51 |
| 1950-Q2 | 116.22 |
| 1950-Q3 | 118.92 |
| 1950-Q4 | 124.32 |
| 1951-Q1 | 129.73 |
| 1951-Q2 | 137.84 |
| 1951-Q3 | 143.24 |
| 1951-Q4 | 154.05 |
| 1952-Q1 | 159.46 |
| 1952-Q2 | 164.86 |
| 1952-Q3 | 167.57 |
| 1952-Q4 | 170.27 |
| 1953-Q1 | 170.27 |
| 1953-Q2 | 172.97 |
| 1953-Q3 | 175.68 |
| 1953-Q4 | 172.97 |
| 1954-Q1 | 175.68 |
| 1954-Q2 | 175.68 |
| 1954-Q3 | 175.68 |
| 1954-Q4 | 175.68 |
| 1955-Q1 | 175.68 |
| 1955-Q2 | 178.38 |
| 1955-Q3 | 178.38 |
| 1955-Q4 | 181.08 |
| 1956-Q1 | 181.08 |
| 1956-Q2 | 189.19 |
| 1956-Q3 | 191.89 |
| 1956-Q4 | 191.89 |
| 1957-Q1 | 191.89 |
| 1957-Q2 | 194.59 |
| 1957-Q3 | 194.59 |
| 1957-Q4 | 194.59 |
| 1958-Q1 | 194.59 |
| 1958-Q2 | 194.59 |
| 1958-Q3 | 194.59 |
| 1958-Q4 | 197.3 |
| 1959-Q1 | 197.3 |
| 1959-Q2 | 197.3 |
| 1959-Q3 | 200 |
| 1959-Q4 | 202.7 |
| 1960-Q1 | 202.7 |
| 1960-Q2 | 205.41 |
| 1960-Q3 | 208.11 |
| 1960-Q4 | 210.81 |
| 1961-Q1 | 210.81 |
| 1961-Q2 | 213.51 |
| 1961-Q3 | 210.81 |
| 1961-Q4 | 210.81 |
| 1962-Q1 | 210.81 |
| 1962-Q2 | 210.81 |
| 1962-Q3 | 210.81 |
| 1962-Q4 | 210.81 |
| 1963-Q1 | 210.81 |
| 1963-Q2 | 210.81 |
| 1963-Q3 | 213.51 |
| 1963-Q4 | 213.51 |
| 1964-Q1 | 216.22 |
| 1964-Q2 | 216.22 |
| 1964-Q3 | 218.92 |
| 1964-Q4 | 221.62 |
| 1965-Q1 | 221.62 |
| 1965-Q2 | 224.32 |
| 1965-Q3 | 227.03 |
| 1965-Q4 | 229.73 |
| 1966-Q1 | 232.43 |
| 1966-Q2 | 232.43 |
| 1966-Q3 | 232.43 |
| 1966-Q4 | 235.14 |
| 1967-Q1 | 237.84 |
| 1967-Q2 | 240.54 |
| 1967-Q3 | 243.24 |
| 1967-Q4 | 243.24 |
| 1968-Q1 | 245.95 |
| 1968-Q2 | 245.95 |
| 1968-Q3 | 248.65 |
| 1968-Q4 | 248.65 |
| 1969-Q1 | 254.05 |
| 1969-Q2 | 254.05 |
| 1969-Q3 | 256.76 |
| 1969-Q4 | 256.76 |
| 1970-Q1 | 259.46 |
| 1970-Q2 | 262.16 |
| 1970-Q3 | 264.86 |
| 1970-Q4 | 270.27 |
| 1971-Q1 | 272.97 |
| 1971-Q2 | 275.68 |
| 1971-Q3 | 283.78 |
| 1971-Q4 | 289.19 |
| 1972-Q1 | 291.89 |
| 1972-Q2 | 294.59 |
| 1972-Q3 | 300 |
| 1972-Q4 | 302.7 |
| 1973-Q1 | 308.11 |
| 1973-Q2 | 318.92 |
| 1973-Q3 | 329.73 |
| 1973-Q4 | 340.54 |
| 1974-Q1 | 351.35 |
| 1974-Q2 | 364.86 |
| 1974-Q3 | 383.78 |
| 1974-Q4 | 397.3 |
| 1975-Q1 | 413.51 |
| 1975-Q2 | 427.03 |
| 1975-Q3 | 429.73 |
| 1975-Q4 | 454.05 |
| 1976-Q1 | 467.57 |
| 1976-Q2 | 478.38 |
| 1976-Q3 | 489.19 |
| 1976-Q4 | 518.92 |
| 1977-Q1 | 529.73 |
| 1977-Q2 | 543.24 |
| 1977-Q3 | 554.05 |
| 1977-Q4 | 567.57 |
| 1978-Q1 | 575.68 |
| 1978-Q2 | 586.49 |
| 1978-Q3 | 597.3 |
| 1978-Q4 | 610.81 |
| 1979-Q1 | 621.62 |
| 1979-Q2 | 637.84 |
| 1979-Q3 | 654.05 |
| 1979-Q4 | 672.97 |
| 1980-Q1 | 686.49 |
| 1980-Q2 | 708.11 |
| 1980-Q3 | 718.92 |
| 1980-Q4 | 735.13 |
| 1981-Q1 | 751.35 |
| 1981-Q2 | 767.57 |
| 1981-Q3 | 783.78 |
| 1981-Q4 | 816.22 |
| 1982-Q1 | 832.43 |
| 1982-Q2 | 851.35 |
| 1982-Q3 | 881.08 |
| 1982-Q4 | 908.11 |
| 1983-Q1 | 927.03 |
| 1983-Q2 | 945.95 |
| 1983-Q3 | 962.16 |
| 1983-Q4 | 986.49 |
| 1984-Q1 | 981.08 |
| 1984-Q2 | 983.78 |
| 1984-Q3 | 997.3 |
| 1984-Q4 | 1,010.81 |
| 1985-Q1 | 1,024.32 |
| 1985-Q2 | 1,048.65 |
| 1985-Q3 | 1,072.97 |
| 1985-Q4 | 1,094.59 |
| 1986-Q1 | 1,118.92 |
| 1986-Q2 | 1,137.84 |
| 1986-Q3 | 1,167.57 |
| 1986-Q4 | 1,200 |
| 1987-Q1 | 1,224.32 |
| 1987-Q2 | 1,243.24 |
| 1987-Q3 | 1,264.86 |
| 1987-Q4 | 1,286.49 |
| 1988-Q1 | 1,308.11 |
| 1988-Q2 | 1,332.43 |
| 1988-Q3 | 1,356.76 |
| 1988-Q4 | 1,383.78 |
| 1989-Q1 | 1,397.3 |
| 1989-Q2 | 1,432.43 |
| 1989-Q3 | 1,464.86 |
| 1989-Q4 | 1,491.89 |
| 1990-Q1 | 1,518.92 |
| 1990-Q2 | 1,543.24 |
| 1990-Q3 | 1,554.05 |
| 1990-Q4 | 1,594.59 |
| 1991-Q1 | 1,591.89 |
| 1991-Q2 | 1,594.59 |
| 1991-Q3 | 1,602.7 |
| 1991-Q4 | 1,618.92 |
| 1992-Q1 | 1,618.92 |
| 1992-Q2 | 1,613.51 |
| 1992-Q3 | 1,616.22 |
| 1992-Q4 | 1,624.32 |
| 1993-Q1 | 1,637.84 |
| 1993-Q2 | 1,643.24 |
| 1993-Q3 | 1,651.35 |
| 1993-Q4 | 1,654.05 |
| 1994-Q1 | 1,662.16 |
| 1994-Q2 | 1,672.97 |
| 1994-Q3 | 1,683.78 |
| 1994-Q4 | 1,697.3 |
| 1995-Q1 | 1,724.32 |
| 1995-Q2 | 1,748.65 |
| 1995-Q3 | 1,770.27 |
| 1995-Q4 | 1,783.78 |
| 1996-Q1 | 1,789.19 |
| 1996-Q2 | 1,802.7 |
| 1996-Q3 | 1,808.11 |
| 1996-Q4 | 1,810.81 |
| 1997-Q1 | 1,813.51 |
| 1997-Q2 | 1,808.11 |
| 1997-Q3 | 1,800 |
| 1997-Q4 | 1,805.41 |
| 1998-Q1 | 1,810.81 |
| 1998-Q2 | 1,821.62 |
| 1998-Q3 | 1,824.32 |
| 1998-Q4 | 1,832.43 |
| 1999-Q1 | 1,832.43 |
| 1999-Q2 | 1,840.54 |
| 1999-Q3 | 1,856.76 |
| 1999-Q4 | 1,867.57 |
| 2000-Q1 | 1,883.78 |
| 2000-Q2 | 1,897.3 |
| 2000-Q3 | 1,970.27 |
| 2000-Q4 | 1,975.68 |
| 2001-Q1 | 1,997.3 |
| 2001-Q2 | 2,013.51 |
| 2001-Q3 | 2,018.92 |
| 2001-Q4 | 2,037.84 |
| 2002-Q1 | 2,056.76 |
| 2002-Q2 | 2,070.27 |
| 2002-Q3 | 2,083.78 |
| 2002-Q4 | 2,097.3 |
| 2003-Q1 | 2,124.32 |
| 2003-Q2 | 2,124.32 |
| 2003-Q3 | 2,137.84 |
| 2003-Q4 | 2,148.65 |
| 2004-Q1 | 2,167.57 |
| 2004-Q2 | 2,178.38 |
| 2004-Q3 | 2,186.49 |
| 2004-Q4 | 2,202.7 |
| 2005-Q1 | 2,218.92 |
| 2005-Q2 | 2,232.43 |
| 2005-Q3 | 2,254.05 |
| 2005-Q4 | 2,264.86 |
| 2006-Q1 | 2,283.78 |
| 2006-Q2 | 2,321.62 |
| 2006-Q3 | 2,343.24 |
| 2006-Q4 | 2,340.54 |
| 2007-Q1 | 2,340.54 |
| 2007-Q2 | 2,370.27 |
| 2007-Q3 | 2,386.49 |
| 2007-Q4 | 2,408.11 |
| 2008-Q1 | 2,440.54 |
| 2008-Q2 | 2,475.68 |
| 2008-Q3 | 2,505.41 |
| 2008-Q4 | 2,497.3 |
| 2009-Q1 | 2,500 |
| 2009-Q2 | 2,510.81 |
| 2009-Q3 | 2,535.13 |
| 2009-Q4 | 2,548.65 |
| 2010-Q1 | 2,572.97 |
| 2010-Q2 | 2,589.19 |
| 2010-Q3 | 2,608.11 |
| 2010-Q4 | 2,618.92 |
| 2011-Q1 | 2,656.76 |
| 2011-Q2 | 2,681.08 |
| 2011-Q3 | 2,697.3 |
| 2011-Q4 | 2,697.3 |
| 2012-Q1 | 2,700 |
| 2012-Q2 | 2,713.51 |
| 2012-Q3 | 2,751.35 |
| 2012-Q4 | 2,756.76 |
| 2013-Q1 | 2,767.57 |
| 2013-Q2 | 2,778.38 |
| 2013-Q3 | 2,810.81 |
| 2013-Q4 | 2,832.43 |
| 2014-Q1 | 2,848.65 |
| 2014-Q2 | 2,862.16 |
| 2014-Q3 | 2,875.68 |
| 2014-Q4 | 2,881.08 |
| 2015-Q1 | 2,886.49 |
| 2015-Q2 | 2,905.4 |
| 2015-Q3 | 2,918.92 |
| 2015-Q4 | 2,929.73 |
| 2016-Q1 | 2,924.32 |
| 2016-Q2 | 2,935.14 |
| 2016-Q3 | 2,956.76 |
| 2016-Q4 | 2,972.97 |
| 2017-Q1 | 2,986.49 |
| 2017-Q2 | 2,991.89 |
| 2017-Q3 | 3,010.81 |
| 2017-Q4 | 3,029.73 |
| 2018-Q1 | 3,043.24 |
| 2018-Q2 | 3,054.05 |
| 2018-Q3 | 3,067.57 |
| 2018-Q4 | 3,083.78 |
| 2019-Q1 | 3,083.78 |
| 2019-Q2 | 3,102.7 |
| 2019-Q3 | 3,118.92 |
| 2019-Q4 | 3,140.54 |
| 2020-Q1 | 3,151.35 |
| 2020-Q2 | 3,091.89 |
| 2020-Q3 | 3,140.54 |
| 2020-Q4 | 3,167.57 |
| 2021-Q1 | 3,186.49 |
| 2021-Q2 | 3,210.81 |
| 2021-Q3 | 3,235.14 |
| 2021-Q4 | 3,278.38 |
| 2022-Q1 | 3,348.65 |
| 2022-Q2 | 3,408.11 |
| 2022-Q3 | 3,470.27 |
| 2022-Q4 | 3,535.14 |
| 2023-Q1 | 3,583.78 |
| 2023-Q2 | 3,613.51 |
| 2023-Q3 | 3,656.76 |
| 2023-Q4 | 3,678.38 |
| 2024-Q1 | 3,713.51 |
| 2024-Q2 | 3,751.35 |
| 2024-Q3 | 3,760.56 |
| 2024-Q4 | 3,767.18 |
| 2025-Q1 | 3,804.81 |
| 2025-Q2 | 3,830.9 |
| 2025-Q3 | 3,882.28 |
All available years
Today's value of Australian dollars by year:
1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
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