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# Value of 1994 Brazilian Reals today

R\$100 in 1994
R\$936.29 in 2022

The inflation rate in Brazil between 1994 and today has been 836.29%, which translates into a total increase of R\$836.29. This means that 100 reals in 1994 are equivalent to 936.29 reals in 2022. In other words, the purchasing power of R\$100 in 1994 equals R\$936.29 today. The average annual inflation rate between these periods has been 8.32%.

## Inflation timeline in Brazil (1994 - 2022)

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 1994-2021 747.78%
Cumulative inflation 1994-today 836.29%
Avg. Annual inflation 1994-2021 8.24%
CPI 1994 15.95
CPI 2021 135.21
CPI 2022-08 (latest official data) 148.23
CPI today 149.33

## 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 1994 and 2021, use the corresponding CPI values:

Value2021
=Value1994 ×
CPI2021/CPI1994
=R\$ 100 ×
135.21/15.95
R\$847.78

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 149.33:

Valuetoday
=Value1994 ×
CPItoday/CPI1994
=R\$ 100 ×
149.33/15.95
R\$936.29

### 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 27 years between 1994 and 2021 and the average inflation rate was 8.2383%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=R\$100 × (1 + 0.082383)27
R\$847.78

## Brazil inflation - Conversion table

Initial Value Equivalent value
R\$1 real in 1994 R\$8.48 reals in 2021
R\$5 reals in 1994 R\$42.39 reals in 2021
R\$10 reals in 1994 R\$84.78 reals in 2021
R\$50 reals in 1994 R\$423.89 reals in 2021
R\$100 reals in 1994 R\$847.78 reals in 2021
R\$500 reals in 1994 R\$4,238.88 reals in 2021
R\$1,000 reals in 1994 R\$8,477.77 reals in 2021
R\$5,000 reals in 1994 R\$42,388.85 reals in 2021
R\$10,000 reals in 1994 R\$84,777.69 reals in 2021
R\$50,000 reals in 1994 R\$423,888.45 reals in 2021
R\$100,000 reals in 1994 R\$847,776.91 reals in 2021
R\$500,000 reals in 1994 R\$4,238,884.54 reals in 2021
R\$1,000,000 reals in 1994 R\$8,477,769.08 reals in 2021
 Cumulative inflation From 1994 836.29% Avg. annual inflation From 1994 8.32% CPI 1994 15.95 CPI today 149.33

### Value of Real over time (by year)

Period Value
1994 100
1995 166.01
1996 192.17
1997 205.48
1998 212.04
1999 222.34
2000 238.01
2001 254.29
2002 275.77
2003 316.35
2004 337.22
2005 360.39
2006 375.47
2007 389.14
2008 411.24
2009 431.34
2010 453.07
2011 483.14
2012 509.25
2013 540.84
2014 575.07
2015 627
2016 681.79
2017 705.29
2018 731.14
2019 758.43
2020 782.79
2021 847.78
2022-08 929.4
Today 936.29

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 |

Other currencies: