# Value of 1993 Brazilian Reals today

R\$100 in 1993

R\$137,323.92 in 2020

The inflation rate in Brazil between 1993 and today has been 137,223.92%, which translates into a total increase of R\$137,223.92. This means that 100 reals in 1993 are equivalent to 137,323.92 reals in 2020. In other words, the purchasing power of R\$100 in 1993 equals R\$137,323.92 today. The average annual inflation rate has been 29.44%.

## Inflation timeline in Brazil (1993-2020)

The following chart depicts the equivalence of R\$100 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1993-2020) 137,010.71%
Total Inflation* 137,223.92%
Annual inflation avg. (1993-2020) 30.67%
Annual inflation avg.* 29.44%
CPI 1993 0.09
CPI 2020 123.44
CPI today* 123.63
R\$1 in 1993 R\$1,371.11 in 2020

* 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 with 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 27 years between 1993 and 2020 and the average inflation rate has been 29.4382%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = R\$100 * (1 + 0.29)27 = R\$137,110.71

#### 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 1993 was 0.09 and the CPI today is 123.63. Therefore,

Final value = Initial value *
CPI final/CPI initial
= R\$100 *
123.44/0.09
= R\$137,110.71

### Brazil inflation - Conversion table

Initial Value Equivalent value
R\$1 real in 1993 R\$1,373.24 reals today
R\$5 reals in 1993 R\$6,866.2 reals today
R\$10 reals in 1993 R\$13,732.39 reals today
R\$50 reals in 1993 R\$68,661.96 reals today
R\$100 reals in 1993 R\$137,323.92 reals today
R\$500 reals in 1993 R\$686,619.59 reals today
R\$1,000 reals in 1993 R\$1,373,239.18 reals today
R\$5,000 reals in 1993 R\$6,866,195.9 reals today
R\$10,000 reals in 1993 R\$13,732,391.8 reals today
R\$50,000 reals in 1993 R\$68,661,959.01 reals today
R\$100,000 reals in 1993 R\$137,323,918.02 reals today
R\$500,000 reals in 1993 R\$686,619,590.1 reals today
R\$1,000,000 reals in 1993 R\$1,373,239,180.2 reals today

Period Value
1993 100
1994 2,577.15
1995 26,195.67
1996 32,065.64
1997 35,132.7
1998 36,968.15
1999 37,579.96
2000 40,939.53
2001 43,385.5
2002 46,714.65
2003 52,568.13
2004 57,457.24
2005 61,823.7
2006 65,340.99
2007 67,393.69
2008 70,397.86
2009 74,553.26
2010 77,767.74
2011 82,362.78
2012 87,719.13
2013 92,840.69
2014 98,328.21
2015 104,628.56
2016 115,795.6
2017 123,076.77
2018 126,704.35
2019 131,450.17
2020 137,110.71
Today 137,323.92