R$

Value of 1989 Brazilian Reals today

R$100 in 1989
R$760,950,725.29 in 2024

The inflation rate in Brazil between 1989 and today has been 760,950,625.29%, which translates into a total increase of R$760,950,625.29. This means that 100 reals in 1989 are equivalent to 760,950,725.29 reals in 2024. In other words, the purchasing power of R$100 in 1989 equals R$760,950,725.29 today. The average annual inflation rate between these periods has been 57.26%.

Inflation timeline in Brazil (1989 - 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 1989-2023 730,179,748.6%
Cumulative inflation 1989-today 760,950,625.29%
Avg. Annual inflation 1989-2023 59.17%
CPI 1989 0
CPI 2023 154.55
CPI 2024-05 (latest official data) 160.71
CPI today 161.06

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 1989 and 2023, use the corresponding CPI values:

Value2023
=Value1989 ×
CPI2023/CPI1989
=R$ 100 ×
154.55/0.00002
R$730,179,848.6

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 161.06:

Valuetoday
=Value1989 ×
CPItoday/CPI1989
=R$ 100 ×
161.06/0.00002
R$760,950,725.29

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 34 years between 1989 and 2023 and the average inflation rate was 59.1716%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=R$100 × (1 + 0.591716)34
R$730,179,848.6

Brazil inflation - Conversion table

Initial Value Equivalent value
R$1 real in 1989 R$7,301,798.49 reals in 2023
R$5 reals in 1989 R$36,508,992.43 reals in 2023
R$10 reals in 1989 R$73,017,984.86 reals in 2023
R$50 reals in 1989 R$365,089,924.3 reals in 2023
R$100 reals in 1989 R$730,179,848.6 reals in 2023
R$500 reals in 1989 R$3,650,899,243.02 reals in 2023
R$1,000 reals in 1989 R$7,301,798,486.03 reals in 2023
R$5,000 reals in 1989 R$36,508,992,430.16 reals in 2023
R$10,000 reals in 1989 R$73,017,984,860.33 reals in 2023
R$50,000 reals in 1989 R$365,089,924,301.63 reals in 2023
R$100,000 reals in 1989 R$730,179,848,603.25 reals in 2023
R$500,000 reals in 1989 R$3,650,899,243,016.25 reals in 2023
R$1,000,000 reals in 1989 R$7,301,798,486,032.5 reals in 2023
Cumulative inflation From 1989 760,950,625.29%
Avg. annual inflation From 1989 57.26%
CPI 1989 0.00002
CPI today 161.06

Value of Real over time (by year)

Period Value
1989 100
1990 3,047.73
1991 16,237.91
1992 170,816.67
1993 3,463,104.25
1994 75,353,285.85
1995 125,091,729.12
1996 144,803,308.01
1997 154,833,413.49
1998 159,780,454.87
1999 167,543,294.35
2000 179,345,286.07
2001 191,613,128.49
2002 207,804,794.39
2003 238,383,072.89
2004 254,109,644.05
2005 271,565,815.82
2006 282,926,950.27
2007 293,229,101.21
2008 309,880,334.01
2009 325,027,426.6
2010 341,404,676.84
2011 364,061,792.78
2012 383,733,920.83
2013 407,541,914.75
2014 433,335,443.68
2015 472,465,200.58
2016 513,754,406.92
2017 531,460,512.78
2018 550,937,890.67
2019 571,504,300.85
2020 589,859,573.89
2021 638,827,757.14
2022 698,111,745.58
2023 730,179,848.6
2024-05 759,317,249.99
Today 760,950,725.29

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 |

Other currencies: