Value of 1987 Brazilian Reals today

R$100 in 1987

R$163,663,289,635.16 today

The inflation rate in Brazil between 1987 and today has been 163,663,289,535.16%, which translates into a total increase of R$163,663,289,535.16. This means that 100 reals in 1987 are equivalent to 163,663,289,635.16 reals in 2018. In other words, the purchasing power of R$100 in 1987 equals R$163,663,289,635.16 today. The average annual inflation rate has been 94.06%.

Inflation timeline in Brazil (1987-2019)

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 (1987-2018) 157,988,642,559.28%
Total Inflation* 163,663,289,535.16%
Annual inflation avg. (1987-2018) 98.03%
Annual inflation avg.* 94.06%
CPI 1987 0
CPI 2018 114.07
CPI today* 118.16
R$1 in 1987 R$1,579,886,426.59 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 31 years between 1987 and 2018 and the average inflation rate has been 94.06%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = R$100 * (1 + 0.94)31 = R$157,988,642,659.28

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 1987 was 0 and the CPI today is 118.16. Therefore,

Final value = Initial value *
CPI final/CPI initial
= R$100 *
114.07/0
= R$157,988,642,659.28

Brazil inflation - Conversion table

Initial Value Equivalent value
R$1 real in 1987 R$1,636,632,896.35 reals today
R$5 reals in 1987 R$8,183,164,481.76 reals today
R$10 reals in 1987 R$16,366,328,963.52 reals today
R$50 reals in 1987 R$81,831,644,817.58 reals today
R$100 reals in 1987 R$163,663,289,635.16 reals today
R$500 reals in 1987 R$818,316,448,175.82 reals today
R$1,000 reals in 1987 R$1,636,632,896,351.64 reals today
R$5,000 reals in 1987 R$8,183,164,481,758.21 reals today
R$10,000 reals in 1987 R$16,366,328,963,516.43 reals today
R$50,000 reals in 1987 R$81,831,644,817,582.12 reals today
R$100,000 reals in 1987 R$163,663,289,635,164.25 reals today
R$500,000 reals in 1987 R$818,316,448,175,821.25 reals today
R$1,000,000 reals in 1987 R$1,636,632,896,351,642.5 reals today

Value of Real in time (by year)

Period Value
1987 100
1988 463.43
1989 5,006.23
1990 103,775.48
1991 1,785,941.83
1992 10,228,092.8
1993 124,690,747.92
1994 3,213,463,988.92
1995 32,663,573,407.2
1996 39,982,880,886.43
1997 43,807,229,916.9
1998 46,095,858,725.76
1999 46,858,725,761.77
2000 51,047,797,783.93
2001 54,097,700,831.02
2002 58,248,864,265.93
2003 65,547,590,027.7
2004 71,643,864,265.93
2005 77,088,434,903.05
2006 81,474,168,975.07
2007 84,033,698,060.94
2008 87,779,626,038.78
2009 92,961,011,080.33
2010 96,969,168,975.07
2011 102,698,767,313.02
2012 109,376,675,900.28
2013 115,763,753,462.6
2014 122,606,191,135.73
2015 130,463,434,903.05
2016 144,386,426,592.8
2017 153,465,373,961.22
2018 157,988,642,659.28
Today 163,663,289,635.16