R$

Value of 2002 Brazilian Reals today

R$100 in 2002
R$370.89 in 2024

The inflation rate in Brazil between 2002 and today has been 270.89%, which translates into a total increase of R$270.89. This means that 100 reals in 2002 are equivalent to 370.89 reals in 2024. In other words, the purchasing power of R$100 in 2002 equals R$370.89 today. The average annual inflation rate between these periods has been 6.14%.

Inflation timeline in Brazil (2002 - 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 2002-2023 251.38%
Cumulative inflation 2002-today 270.89%
Avg. Annual inflation 2002-2023 6.17%
CPI 2002 43.98
CPI 2023 154.55
CPI 2024-09 (latest official data) 162.34
CPI today 163.13

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 2002 and 2023, use the corresponding CPI values:

Value2023
=Value2002 ×
CPI2023/CPI2002
=R$ 100 ×
154.55/43.98
R$351.38

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 163.13:

Valuetoday
=Value2002 ×
CPItoday/CPI2002
=R$ 100 ×
163.13/43.98
R$370.89

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 21 years between 2002 and 2023 and the average inflation rate was 6.1669%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=R$100 × (1 + 0.061669)21
R$351.38

Brazil inflation - Conversion table

Initial Value Equivalent value
R$1 real in 2002 R$3.51 reals in 2023
R$5 reals in 2002 R$17.57 reals in 2023
R$10 reals in 2002 R$35.14 reals in 2023
R$50 reals in 2002 R$175.69 reals in 2023
R$100 reals in 2002 R$351.38 reals in 2023
R$500 reals in 2002 R$1,756.89 reals in 2023
R$1,000 reals in 2002 R$3,513.78 reals in 2023
R$5,000 reals in 2002 R$17,568.89 reals in 2023
R$10,000 reals in 2002 R$35,137.78 reals in 2023
R$50,000 reals in 2002 R$175,688.88 reals in 2023
R$100,000 reals in 2002 R$351,377.77 reals in 2023
R$500,000 reals in 2002 R$1,756,888.84 reals in 2023
R$1,000,000 reals in 2002 R$3,513,777.68 reals in 2023
Cumulative inflation From 2002 270.89%
Avg. annual inflation From 2002 6.14%
CPI 2002 43.98
CPI today 163.13

Value of Real over time (by year)

Period Value
2002 100
2003 114.71
2004 122.28
2005 130.68
2006 136.15
2007 141.11
2008 149.12
2009 156.41
2010 164.29
2011 175.19
2012 184.66
2013 196.12
2014 208.53
2015 227.36
2016 247.23
2017 255.75
2018 265.12
2019 275.02
2020 283.85
2021 307.42
2022 335.95
2023 351.38
2024-09 369.1
Today 370.89

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: