R$

Value of 1987 Brazilian Reals today

R$100 in 1987
R$85,615,028,796.93 in 2024

The inflation rate in Brazil between 1987 and today has been 85,615,028,696.93%, which translates into a total increase of R$85,615,028,696.93. This means that 100 reals in 1987 are equivalent to 85,615,028,796.93 reals in 2024. In other words, the purchasing power of R$100 in 1987 equals R$85,615,028,796.93 today. The average annual inflation rate between these periods has been 74.35%.

Inflation timeline in Brazil (1987 - 2024)

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 1987-2023 81,493,414,115%
Cumulative inflation 1987-today 85,615,028,696.93%
Avg. Annual inflation 1987-2023 76.82%
CPI 1987 0
CPI 2023 154.55
CPI 2024-08 (latest official data) 161.63
CPI today 162.36

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 1987 and 2023, use the corresponding CPI values:

Value2023
=Value1987 ×
CPI2023/CPI1987
=R$ 100 ×
154.55/0
R$81,493,414,215

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 162.36:

Valuetoday
=Value1987 ×
CPItoday/CPI1987
=R$ 100 ×
162.36/0
R$85,615,028,796.93

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 36 years between 1987 and 2023 and the average inflation rate was 76.8199%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=R$100 × (1 + 0.768199)36
R$81,493,414,215

Brazil inflation - Conversion table

Initial Value Equivalent value
R$1 real in 1987 R$814,934,142.15 reals in 2023
R$5 reals in 1987 R$4,074,670,710.75 reals in 2023
R$10 reals in 1987 R$8,149,341,421.5 reals in 2023
R$50 reals in 1987 R$40,746,707,107.5 reals in 2023
R$100 reals in 1987 R$81,493,414,215 reals in 2023
R$500 reals in 1987 R$407,467,071,075.01 reals in 2023
R$1,000 reals in 1987 R$814,934,142,150.03 reals in 2023
R$5,000 reals in 1987 R$4,074,670,710,750.13 reals in 2023
R$10,000 reals in 1987 R$8,149,341,421,500.26 reals in 2023
R$50,000 reals in 1987 R$40,746,707,107,501.3 reals in 2023
R$100,000 reals in 1987 R$81,493,414,215,002.61 reals in 2023
R$500,000 reals in 1987 R$407,467,071,075,013.06 reals in 2023
R$1,000,000 reals in 1987 R$814,934,142,150,026.12 reals in 2023
Cumulative inflation From 1987 85,615,028,696.93%
Avg. annual inflation From 1987 74.35%
CPI 1987 0
CPI today 162.36

Value of Real over time (by year)

Period Value
1987 100
1988 729.11
1989 11,160.73
1990 340,149.27
1991 1,812,269.67
1992 19,064,390.89
1993 386,507,775.39
1994 8,409,978,100.99
1995 13,961,152,331.77
1996 16,161,108,776.32
1997 17,280,541,943.74
1998 17,832,667,961.38
1999 18,699,057,651.92
2000 20,016,246,289.75
2001 21,385,427,273.2
2002 23,192,535,670.91
2003 26,605,295,309.67
2004 28,360,495,730.67
2005 30,308,732,235.73
2006 31,576,717,975.27
2007 32,726,513,407.01
2008 34,584,912,833.73
2009 36,275,439,206.13
2010 38,103,260,173.18
2011 40,631,960,106.16
2012 42,827,513,547.8
2013 45,484,659,885.16
2014 48,363,406,458.34
2015 52,730,573,661.18
2016 57,338,751,224.01
2017 59,314,882,202.54
2018 61,488,700,101.72
2019 63,784,061,973.19
2020 65,832,644,759.93
2021 71,297,852,336.47
2022 77,914,379,258.32
2023 81,493,414,215
2024-08 85,229,111,706.03
Today 85,615,028,796.93

All available years

Today's value of brazilian reals by year:

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 | 2022 | 2023 |

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