Value of 1983 Brazilian Reals today

R$100 in 1983

R$8,440,349,651,184.9 today

The inflation rate in Brazil between 1983 and today has been 8,440,349,651,084.9%, which translates into a total increase of R$8,440,349,651,084.9. This means that 100 reals in 1983 are equivalent to 8,440,349,651,184.9 reals in 2018. In other words, the purchasing power of R$100 in 1983 equals R$8,440,349,651,184.9 today. The average annual inflation rate has been 101.15%.

Inflation timeline in Brazil (1983-2019)

The following chart ilustrates the equivalence of R$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 (BRL) 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 (1983-2018) 8,147,699,999,900%
Total Inflation* 8,440,349,651,084.9%
Annual inflation avg. (1983-2018) 105%
Annual inflation avg.* 101.15%
CPI 1983 0
CPI 2018 114.07
CPI today* 118.16
R$1 in 1983 R$81,477,000,000 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 R$100 worth today. There are 35 years between 1983 and 2018 and the average inflation rate has been 101.1454%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = R$100 * (1 + 1.01)35 = R$8,147,700,000,000

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 1983 was 0 and the CPI today is 118.16. Therefore,

Final value = Initial value *
CPI final/CPI initial
= R$100 *
114.07/0
= R$8,147,700,000,000

Brazil inflation - Conversion table

Initial Value Equivalent value
R$1 real in 1983 R$84,403,496,511.85 reals today
R$5 reals in 1983 R$422,017,482,559.25 reals today
R$10 reals in 1983 R$844,034,965,118.49 reals today
R$50 reals in 1983 R$4,220,174,825,592.45 reals today
R$100 reals in 1983 R$8,440,349,651,184.9 reals today
R$500 reals in 1983 R$42,201,748,255,924.48 reals today
R$1,000 reals in 1983 R$84,403,496,511,848.97 reals today
R$5,000 reals in 1983 R$422,017,482,559,244.88 reals today
R$10,000 reals in 1983 R$844,034,965,118,489.75 reals today
R$50,000 reals in 1983 R$4,220,174,825,592,448.5 reals today
R$100,000 reals in 1983 R$8,440,349,651,184,897 reals today
R$500,000 reals in 1983 R$42,201,748,255,924,488 reals today
R$1,000,000 reals in 1983 R$84,403,496,511,848,976 reals today

Value of Real in time (by year)

Period Value
1983 100
1984 264.29
1985 835.71
1986 2,871.43
1987 5,157.14
1988 23,900
1989 258,178.57
1990 5,351,850
1991 92,103,571.43
1992 527,477,357.14
1993 6,430,480,000
1994 165,722,928,571.43
1995 1,684,507,142,857.14
1996 2,061,974,285,714.29
1997 2,259,201,428,571.43
1998 2,377,229,285,714.29
1999 2,416,571,428,571.43
2000 2,632,607,857,142.86
2001 2,789,895,714,285.72
2002 3,003,977,142,857.14
2003 3,380,382,857,142.86
2004 3,694,776,428,571.43
2005 3,975,560,714,285.72
2006 4,201,739,285,714.29
2007 4,333,737,857,142.86
2008 4,526,920,714,285.72
2009 4,794,132,142,857.14
2010 5,000,838,571,428.57
2011 5,296,322,142,857.14
2012 5,640,711,428,571.43
2013 5,970,102,142,857.14
2014 6,322,976,428,571.43
2015 6,728,185,714,285.72
2016 7,446,214,285,714.29
2017 7,914,428,571,428.57
2018 8,147,700,000,000
Today 8,440,349,651,184.9