R$

Value of 1984 Brazilian Reals today

R$100 in 1984
R$2,064,851,462,497.51 in 2022

The inflation rate in Brazil between 1984 and today has been 2,064,851,462,397.51%, which translates into a total increase of R$2,064,851,462,397.51. This means that 100 reals in 1984 are equivalent to 2,064,851,462,497.51 reals in 2022. In other words, the purchasing power of R$100 in 1984 equals R$2,064,851,462,497.51 today. The average annual inflation rate between these periods has been 86.83%.

Inflation timeline in Brazil (1984 - 2022)

The following chart depicts the equivalence of R$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 (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 extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1984-2021 1,877,938,888,788.89%
Cumulative inflation 1984-today 2,064,851,462,397.51%
Avg. Annual inflation 1984-2021 89.53%
CPI 1984 0
CPI 2021 135.21
CPI 2022-03 (latest official data) 146.54
CPI today 148.67

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 1984 and 2021, use the corresponding CPI values:

Value2021
=Value1984 ×
CPI2021/CPI1984
=R$ 100 ×
135.21/0
R$1,877,938,888,888.89

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 148.67:

Valuetoday
=Value1984 ×
CPItoday/CPI1984
=R$ 100 ×
148.67/0
R$2,064,851,462,497.51

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 R$100 worth today. There are 37 years between 1984 and 2021 and the average inflation rate was 89.5252%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=R$100 × (1 + 0.895252)37
R$1,877,938,888,888.89

Brazil inflation - Conversion table

Initial Value Equivalent value
R$1 real in 1984 R$18,779,388,888.89 reals in 2021
R$5 reals in 1984 R$93,896,944,444.44 reals in 2021
R$10 reals in 1984 R$187,793,888,888.89 reals in 2021
R$50 reals in 1984 R$938,969,444,444.45 reals in 2021
R$100 reals in 1984 R$1,877,938,888,888.89 reals in 2021
R$500 reals in 1984 R$9,389,694,444,444.45 reals in 2021
R$1,000 reals in 1984 R$18,779,388,888,888.89 reals in 2021
R$5,000 reals in 1984 R$93,896,944,444,444.45 reals in 2021
R$10,000 reals in 1984 R$187,793,888,888,888.91 reals in 2021
R$50,000 reals in 1984 R$938,969,444,444,444.62 reals in 2021
R$100,000 reals in 1984 R$1,877,938,888,888,889.25 reals in 2021
R$500,000 reals in 1984 R$9,389,694,444,444,446 reals in 2021
R$1,000,000 reals in 1984 R$18,779,388,888,888,892 reals in 2021
Cumulative inflation From 1984 2,064,851,462,397.51%
Avg. annual inflation From 1984 86.83%
CPI 1984 0
CPI today 148.67

Value of Real over time (by year)

Period Value
1984 100
1985 325
1986 802.78
1987 2,633.33
1988 19,204.17
1989 293,966.67
1990 8,959,309.72
1991 47,734,000
1992 502,143,611.11
1993 10,180,362,500
1994 221,513,333,333.33
1995 367,727,638,888.89
1996 425,673,055,555.56
1997 455,158,194,444.44
1998 469,700,833,333.33
1999 492,520,972,222.22
2000 527,214,861,111.11
2001 563,278,194,444.45
2002 610,876,250,000
2003 700,766,111,111.11
2004 746,996,944,444.45
2005 798,312,222,222.22
2006 831,710,138,888.89
2007 861,995,000,000
2008 910,944,027,777.78
2009 955,471,388,888.89
2010 1,003,615,000,000
2011 1,070,219,305,555.56
2012 1,128,048,750,000
2013 1,198,036,250,000
2014 1,273,860,555,555.56
2015 1,388,888,888,888.89
2016 1,510,265,277,777.78
2017 1,562,315,277,777.78
2018 1,619,572,222,222.22
2019 1,680,030,555,555.56
2020 1,733,988,888,888.89
2021 1,877,938,888,888.89
2022-03 2,035,238,888,888.89
Today 2,064,851,462,497.51

All available years

Today's value of brazilian reals by year:

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: