R$

Value of 1990 Brazilian Reals today

R$100 in 1990
R$23,399,747.45 in 2023

The inflation rate in Brazil between 1990 and today has been 23,399,647.45%, which translates into a total increase of R$23,399,647.45. This means that 100 reals in 1990 are equivalent to 23,399,747.45 reals in 2023. In other words, the purchasing power of R$100 in 1990 equals R$23,399,747.45 today. The average annual inflation rate between these periods has been 45.45%.

Inflation timeline in Brazil (1990 - 2023)

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 1990-2022 22,905,837.54%
Cumulative inflation 1990-today 23,399,647.45%
Avg. Annual inflation 1990-2022 47.06%
CPI 1990 0
CPI 2022 147.76
CPI 2022-12 (latest official data) 150.21
CPI today 150.94

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 1990 and 2022, use the corresponding CPI values:

Value2022
=Value1990 ×
CPI2022/CPI1990
=R$ 100 ×
147.76/0.001
R$22,905,937.54

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 150.94:

Valuetoday
=Value1990 ×
CPItoday/CPI1990
=R$ 100 ×
150.94/0.001
R$23,399,747.45

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 32 years between 1990 and 2022 and the average inflation rate was 47.0613%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=R$100 × (1 + 0.470613)32
R$22,905,937.54

Brazil inflation - Conversion table

Initial Value Equivalent value
R$1 real in 1990 R$229,059.38 reals in 2022
R$5 reals in 1990 R$1,145,296.88 reals in 2022
R$10 reals in 1990 R$2,290,593.75 reals in 2022
R$50 reals in 1990 R$11,452,968.77 reals in 2022
R$100 reals in 1990 R$22,905,937.54 reals in 2022
R$500 reals in 1990 R$114,529,687.69 reals in 2022
R$1,000 reals in 1990 R$229,059,375.39 reals in 2022
R$5,000 reals in 1990 R$1,145,296,876.95 reals in 2022
R$10,000 reals in 1990 R$2,290,593,753.89 reals in 2022
R$50,000 reals in 1990 R$11,452,968,769.45 reals in 2022
R$100,000 reals in 1990 R$22,905,937,538.9 reals in 2022
R$500,000 reals in 1990 R$114,529,687,694.5 reals in 2022
R$1,000,000 reals in 1990 R$229,059,375,389.01 reals in 2022
Cumulative inflation From 1990 23,399,647.45%
Avg. annual inflation From 1990 45.45%
CPI 1990 0.001
CPI today 150.94

Value of Real over time (by year)

Period Value
1990 100
1991 532.79
1992 5,604.71
1993 113,628.87
1994 2,472,437.5
1995 4,104,419.32
1996 4,751,181.38
1997 5,080,281.95
1998 5,242,600.69
1999 5,497,309.36
2000 5,884,547.78
2001 6,287,071.35
2002 6,818,340.57
2003 7,821,652.93
2004 8,337,661.8
2005 8,910,421.08
2006 9,283,194.41
2007 9,621,221.13
2008 10,167,569.33
2009 10,664,564.78
2010 11,201,923.26
2011 11,945,332.16
2012 12,590,799.79
2013 13,371,970.47
2014 14,218,289.08
2015 15,502,186.35
2016 16,856,937.92
2017 17,437,897.85
2018 18,076,975.49
2019 18,751,785.66
2020 19,354,045.6
2021 20,960,754.2
2022 22,905,937.54
2022-12 23,285,338.05
Today 23,399,747.45

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 | 2022 |

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