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Value of 1976 Chilean Pesos today

$100 in 1976
$16,756.31 in 2022

The inflation rate in Chile between 1976 and today has been 16,656.31%, which translates into a total increase of $16,656.31. This means that 100 pesos in 1976 are equivalent to 16,756.31 pesos in 2022. In other words, the purchasing power of $100 in 1976 equals $16,756.31 today. The average annual inflation rate between these periods has been 11.78%.

Inflation timeline in Chile (1976 - 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 1976-2021 14,495.02%
Cumulative inflation 1976-today 16,656.31%
Avg. Annual inflation 1976-2021 11.71%
CPI 1976 0.82
CPI 2021 120
CPI 2022-08 (latest official data) 136.92
CPI today 137.77

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 1976 and 2021, use the corresponding CPI values:

Value2021
=Value1976 ×
CPI2021/CPI1976
=$ 100 ×
120/0.82
$14,595.02

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 137.77:

Valuetoday
=Value1976 ×
CPItoday/CPI1976
=$ 100 ×
137.77/0.82
$16,756.31

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 45 years between 1976 and 2021 and the average inflation rate was 11.7104%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.117104)45
$14,595.02

Chile inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1976 $145.95 pesos in 2021
$5 pesos in 1976 $729.75 pesos in 2021
$10 pesos in 1976 $1,459.5 pesos in 2021
$50 pesos in 1976 $7,297.51 pesos in 2021
$100 pesos in 1976 $14,595.02 pesos in 2021
$500 pesos in 1976 $72,975.08 pesos in 2021
$1,000 pesos in 1976 $145,950.17 pesos in 2021
$5,000 pesos in 1976 $729,750.84 pesos in 2021
$10,000 pesos in 1976 $1,459,501.67 pesos in 2021
$50,000 pesos in 1976 $7,297,508.37 pesos in 2021
$100,000 pesos in 1976 $14,595,016.73 pesos in 2021
$500,000 pesos in 1976 $72,975,083.67 pesos in 2021
$1,000,000 pesos in 1976 $145,950,167.34 pesos in 2021
Cumulative inflation From 1976 16,656.31%
Avg. annual inflation From 1976 11.78%
CPI 1976 0.82
CPI today 137.77

Value of Peso over time (by year)

Period Value
1976 100
1977 191.95
1978 268.9
1979 358.69
1980 484.72
1981 580.15
1982 637.82
1983 811.68
1984 972.88
1985 1,271.59
1986 1,519.25
1987 1,821.29
1988 2,088.74
1989 2,444.41
1990 3,080.84
1991 3,751.99
1992 4,330.76
1993 4,881.97
1994 5,440.62
1995 5,888.53
1996 6,321.87
1997 6,709.64
1998 7,052.52
1999 7,287.86
2000 7,567.95
2001 7,838.06
2002 8,033.18
2003 8,258.92
2004 8,346.03
2005 8,600.8
2006 8,892.54
2007 9,284.51
2008 10,093.77
2009 10,129.41
2010 10,272.3
2011 10,615.52
2012 10,934.78
2013 11,130.47
2014 11,655.68
2015 12,162.55
2016 12,623.05
2017 12,898.58
2018 13,212.65
2019 13,550.56
2020 13,963.25
2021 14,595.02
2022-08 16,653.46
Today 16,756.31

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 |

Other currencies: