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# Value of 1996 Brazilian Reals today

R\$100 in 1996
R\$492.66 in 2023

The inflation rate in Brazil between 1996 and today has been 392.66%, which translates into a total increase of R\$392.66. This means that 100 reals in 1996 are equivalent to 492.66 reals in 2023. In other words, the purchasing power of R\$100 in 1996 equals R\$492.66 today. The average annual inflation rate between these periods has been 6.08%.

## Inflation timeline in Brazil (1996 - 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 1996-2022 382.11%
Cumulative inflation 1996-today 392.66%
Avg. Annual inflation 1996-2022 6.24%
CPI 1996 30.65
CPI 2022 147.76
CPI 2022-12 (latest official data) 150.21
CPI today 150.99

## 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 1996 and 2022, use the corresponding CPI values:

Value2022
=Value1996 ×
CPI2022/CPI1996
=R\$ 100 ×
147.76/30.65
R\$482.11

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 150.99:

Valuetoday
=Value1996 ×
CPItoday/CPI1996
=R\$ 100 ×
150.99/30.65
R\$492.66

### 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 26 years between 1996 and 2022 and the average inflation rate was 6.2368%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=R\$100 × (1 + 0.062368)26
R\$482.11

## Brazil inflation - Conversion table

Initial Value Equivalent value
R\$1 real in 1996 R\$4.82 reals in 2022
R\$5 reals in 1996 R\$24.11 reals in 2022
R\$10 reals in 1996 R\$48.21 reals in 2022
R\$50 reals in 1996 R\$241.06 reals in 2022
R\$100 reals in 1996 R\$482.11 reals in 2022
R\$500 reals in 1996 R\$2,410.55 reals in 2022
R\$1,000 reals in 1996 R\$4,821.1 reals in 2022
R\$5,000 reals in 1996 R\$24,105.52 reals in 2022
R\$10,000 reals in 1996 R\$48,211.04 reals in 2022
R\$50,000 reals in 1996 R\$241,055.18 reals in 2022
R\$100,000 reals in 1996 R\$482,110.36 reals in 2022
R\$500,000 reals in 1996 R\$2,410,551.79 reals in 2022
R\$1,000,000 reals in 1996 R\$4,821,103.57 reals in 2022
 Cumulative inflation From 1996 392.66% Avg. annual inflation From 1996 6.08% CPI 1996 30.65 CPI today 150.99

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

Period Value
1996 100
1997 106.93
1998 110.34
1999 115.7
2000 123.85
2001 132.33
2002 143.51
2003 164.63
2004 175.49
2005 187.54
2006 195.39
2007 202.5
2008 214
2009 224.46
2010 235.77
2011 251.42
2012 265
2013 281.45
2014 299.26
2015 326.28
2016 354.79
2017 367.02
2018 380.47
2019 394.68
2020 407.35
2021 441.17
2022 482.11
2022-12 490.1
Today 492.66

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 |

Other currencies: