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Value of 1969 Australian Dollars today

$100 in 1969
$1,422.31 in 2022

The inflation rate in Australia between 1969 and today has been 1,322.31%, which translates into a total increase of $1,322.31. This means that 100 dollars in 1969 are equivalent to 1,422.31 dollars in 2022. In other words, the purchasing power of $100 in 1969 equals $1,422.31 today. The average annual inflation rate between these periods has been 5.14%.

Inflation timeline in Australia (1969 - 2022)

The following chart depicts the equivalence of $100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing 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 extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1969-2021 1,163.76%
Cumulative inflation 1969-today 1,322.31%
Avg. Annual inflation 1969-2021 5%
CPI 1969 8.78
CPI 2021 110.91
CPI 2022-Q3 (latest official data) 119.25
CPI today 124.83

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 Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1969 and 2021, use the corresponding CPI values:

Value2021
=Value1969 ×
CPI2021/CPI1969
=$ 100 ×
110.91/8.78
$1,263.76

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 124.83:

Valuetoday
=Value1969 ×
CPItoday/CPI1969
=$ 100 ×
124.83/8.78
$1,422.31

Alternative: Using the compound interest formula

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:

  • 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 52 years between 1969 and 2021 and the average inflation rate was 4.9992%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.049992)52
$1,263.76

Australia inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1969 $12.64 dollars in 2021
$5 dollars in 1969 $63.19 dollars in 2021
$10 dollars in 1969 $126.38 dollars in 2021
$50 dollars in 1969 $631.88 dollars in 2021
$100 dollars in 1969 $1,263.76 dollars in 2021
$500 dollars in 1969 $6,318.79 dollars in 2021
$1,000 dollars in 1969 $12,637.57 dollars in 2021
$5,000 dollars in 1969 $63,187.85 dollars in 2021
$10,000 dollars in 1969 $126,375.7 dollars in 2021
$50,000 dollars in 1969 $631,878.52 dollars in 2021
$100,000 dollars in 1969 $1,263,757.05 dollars in 2021
$500,000 dollars in 1969 $6,318,785.24 dollars in 2021
$1,000,000 dollars in 1969 $12,637,570.49 dollars in 2021
Cumulative inflation From 1969 1,322.31%
Avg. annual inflation From 1969 5.14%
CPI 1969 8.78
CPI today 124.83

Value of Dollar over time (by year)

Period Value
1969 100
1970 103.44
1971 109.79
1972 116.4
1973 126.98
1974 146.56
1975 168.78
1976 191.27
1977 214.81
1978 232.01
1979 253.17
1980 278.84
1981 305.29
1982 339.95
1983 374.07
1984 388.89
1985 415.08
1986 452.65
1987 491.27
1988 526.72
1989 566.4
1990 607.94
1991 627.25
1992 633.6
1993 644.71
1994 657.41
1995 687.83
1996 705.82
1997 707.41
1998 713.49
1999 724.07
2000 756.35
2001 789.68
2002 813.23
2003 835.45
2004 855.03
2005 878.04
2006 909.26
2007 930.42
2008 970.9
2009 988.1
2010 1,016.93
2011 1,050.53
2012 1,069.05
2013 1,095.24
2014 1,122.49
2015 1,139.42
2016 1,153.97
2017 1,176.45
2018 1,198.94
2019 1,218.25
2020 1,228.57
2021 1,263.76
2022-Q3 1,358.73
Today 1,422.31

All available years

Today's value of australian dollars by year:

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 |

Other currencies: