Value of 1952 Australian Dollars today

$100 in 1952

$1,991.24 in 2018

The inflation rate in Australia between 1952 and today has been 1,891.24%, which translates into a total increase of $1,891.24. This means that 100 dolars in 1952 are equivalent to 1,991.24 dolars in 2018. In other words, the purchasing power of $100 in 1952 equals $1,991.24 today. The average annual inflation rate has been 4.57%.

Inflation timeline in Australia (1952-2018)

The following chart ilustrates the equivalence of $100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (AUD) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1952-2018) 1,866.67%
Total Inflation* 1,891.24%
Annual inflation avg. (1952-2018) 4.62%
Annual inflation avg.* 4.57%
CPI 1952 5.29
CPI 2018 104.11
CPI today* 105.41
$1 in 1952 $19.67 in 2018

* Values extrapolated from the last official data to obtain today's values.

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: FV = PV (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

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 66 years between 1952 and 2018 and the average inflation rate has been 4.5659%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.05)66 = $1,966.67

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1952 was 5.29 and the CPI today is 105.41. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
104.11/5.29
= $1,966.67

Australia inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1952 $19.91 dolars today
$5 dolars in 1952 $99.56 dolars today
$10 dolars in 1952 $199.12 dolars today
$50 dolars in 1952 $995.62 dolars today
$100 dolars in 1952 $1,991.24 dolars today
$500 dolars in 1952 $9,956.19 dolars today
$1,000 dolars in 1952 $19,912.38 dolars today
$5,000 dolars in 1952 $99,561.9 dolars today
$10,000 dolars in 1952 $199,123.79 dolars today
$50,000 dolars in 1952 $995,618.95 dolars today
$100,000 dolars in 1952 $1,991,237.91 dolars today
$500,000 dolars in 1952 $9,956,189.53 dolars today
$1,000,000 dolars in 1952 $19,912,379.07 dolars today

Value of Dollar in time (by year)

Period Value
1952 100
1953 110.53
1954 112.28
1955 114.04
1956 117.54
1957 124.56
1958 126.32
1959 128.07
1960 131.58
1961 136.84
1962 136.84
1963 136.84
1964 138.6
1965 143.86
1966 149.12
1967 152.63
1968 157.89
1969 161.4
1970 166.67
1971 175.44
1972 187.72
1973 196.49
1974 221.05
1975 257.89
1976 294.74
1977 336.84
1978 368.42
1979 396.49
1980 436.84
1981 477.19
1982 529.82
1983 589.47
1984 640.35
1985 656.14
1986 710.53
1987 778.95
1988 835.09
1989 898.25
1990 968.42
1991 1,035.09
1992 1,050.88
1993 1,054.39
1994 1,073.68
1995 1,101.75
1996 1,157.89
1997 1,175.44
1998 1,171.93
1999 1,189.47
2000 1,212.28
2001 1,282.46
2002 1,322.81
2003 1,361.4
2004 1,394.74
2005 1,429.82
2006 1,470.18
2007 1,519.3
2008 1,563.16
2009 1,621.05
2010 1,654.39
2011 1,700
2012 1,750.88
2013 1,789.47
2014 1,838.6
2015 1,870.18
2016 1,901.75
2017 1,929.82
2018 1,966.67
Today 1,991.24