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Value of 1973 Chilean Pesos today

$100 in 1973
$1,508,597.19 in 2022

The inflation rate in Chile between 1973 and today has been 1,508,497.19%, which translates into a total increase of $1,508,497.19. This means that 100 pesos in 1973 are equivalent to 1,508,597.19 pesos in 2022. In other words, the purchasing power of $100 in 1973 equals $1,508,597.19 today. The average annual inflation rate between these periods has been 21.7%.

Inflation timeline in Chile (1973 - 2022)

The following chart depicts the equivalence of $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 (CLP) 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 1973-2021 1,306,892.13%
Cumulative inflation 1973-today 1,508,497.19%
Avg. Annual inflation 1973-2021 21.83%
CPI 1973 0.01
CPI 2021 120
CPI 2022-08 (latest official data) 136.92
CPI today 138.51

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 1973 and 2021, use the corresponding CPI values:

Value2021
=Value1973 ×
CPI2021/CPI1973
=$ 100 ×
120/0.01
$1,306,992.13

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 138.51:

Valuetoday
=Value1973 ×
CPItoday/CPI1973
=$ 100 ×
138.51/0.01
$1,508,597.19

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 $100 worth today. There are 48 years between 1973 and 2021 and the average inflation rate was 21.8304%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.218304)48
$1,306,992.13

Chile inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1973 $13,069.92 pesos in 2021
$5 pesos in 1973 $65,349.61 pesos in 2021
$10 pesos in 1973 $130,699.21 pesos in 2021
$50 pesos in 1973 $653,496.06 pesos in 2021
$100 pesos in 1973 $1,306,992.13 pesos in 2021
$500 pesos in 1973 $6,534,960.63 pesos in 2021
$1,000 pesos in 1973 $13,069,921.26 pesos in 2021
$5,000 pesos in 1973 $65,349,606.31 pesos in 2021
$10,000 pesos in 1973 $130,699,212.62 pesos in 2021
$50,000 pesos in 1973 $653,496,063.11 pesos in 2021
$100,000 pesos in 1973 $1,306,992,126.22 pesos in 2021
$500,000 pesos in 1973 $6,534,960,631.09 pesos in 2021
$1,000,000 pesos in 1973 $13,069,921,262.18 pesos in 2021
Cumulative inflation From 1973 1,508,497.19%
Avg. annual inflation From 1973 21.7%
CPI 1973 0.01
CPI today 138.51

Value of Peso over time (by year)

Period Value
1973 100
1974 604.74
1975 2,870.91
1976 8,955.06
1977 17,189.61
1978 24,080.44
1979 32,120.7
1980 43,407.39
1981 51,952.93
1982 57,117.59
1983 72,686.24
1984 87,121.87
1985 113,871.31
1986 136,049.95
1987 163,097.69
1988 187,047.53
1989 218,897.95
1990 275,891.27
1991 335,992.53
1992 387,822.13
1993 437,183.14
1994 487,210.6
1995 527,320.8
1996 566,126.94
1997 600,852.42
1998 631,557.47
1999 652,631.81
2000 677,714.16
2001 701,902.53
2002 719,375.66
2003 739,591.41
2004 747,392.22
2005 770,206.82
2006 796,332.37
2007 831,433.18
2008 903,903.08
2009 907,094.22
2010 919,890.81
2011 950,626.36
2012 979,215.92
2013 996,739.59
2014 1,043,772.51
2015 1,089,163.74
2016 1,130,401.65
2017 1,155,075.57
2018 1,183,199.95
2019 1,213,460.19
2020 1,250,416.61
2021 1,306,992.13
2022-08 1,491,326.55
Today 1,508,597.19

All available years

Today's value of chilean pesos by year:

1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 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 |

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