Value of 1976 Chilean Pesos today

$100 in 1976

$25,912.86 in 2018

The inflation rate in Chile between 1976 and today has been 25,812.86%, which translates into a total increase of $25,812.86. This means that 100 pesos in 1976 are equivalent to 25,912.86 pesos in 2018. In other words, the purchasing power of $100 in 1976 equals $25,912.86 today. The average annual inflation rate has been 13.8%.

Inflation timeline in Chile (1976-2018)

The following chart ilustrates the equivalence of $100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1976-2018) 25,138.68%
Total Inflation* 25,812.86%
Annual inflation avg. (1976-2018) 14.08%
Annual inflation avg.* 13.8%
CPI 1976 0.42
CPI 2018 106.91
CPI today* 109.76
$1 in 1976 $252.39 in 2018

* Values extrapolated from the last official data to obtain today's values.

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 compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 42 years between 1976 and 2018 and the average inflation rate has been 13.7963%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.14)42 = $25,238.68

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1976 was 0.42 and the CPI today is 109.76. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
106.91/0.42
= $25,238.68

Chile inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1976 $259.13 pesos today
$5 pesos in 1976 $1,295.64 pesos today
$10 pesos in 1976 $2,591.29 pesos today
$50 pesos in 1976 $12,956.43 pesos today
$100 pesos in 1976 $25,912.86 pesos today
$500 pesos in 1976 $129,564.28 pesos today
$1,000 pesos in 1976 $259,128.56 pesos today
$5,000 pesos in 1976 $1,295,642.81 pesos today
$10,000 pesos in 1976 $2,591,285.62 pesos today
$50,000 pesos in 1976 $12,956,428.08 pesos today
$100,000 pesos in 1976 $25,912,856.17 pesos today
$500,000 pesos in 1976 $129,564,280.84 pesos today
$1,000,000 pesos in 1976 $259,128,561.67 pesos today

Value of Peso in time (by year)

Period Value
1976 100
1977 274.32
1978 448.49
1979 584.47
1980 811.84
1981 1,065.44
1982 1,167.08
1983 1,409.05
1984 1,734.43
1985 2,134.03
1986 2,697.76
1987 3,165.98
1988 3,845.14
1989 4,332.82
1990 5,260.54
1991 6,698.2
1992 7,947.95
1993 8,956.89
1994 10,052.73
1995 10,952.02
1996 11,849.9
1997 12,635.72
1998 13,399.62
1999 14,024.7
2000 14,348.6
2001 14,998.02
2002 15,393.34
2003 15,828.1
2004 15,997.9
2005 16,386.38
2006 16,986.72
2007 17,422.88
2008 18,785.9
2009 20,118.34
2010 19,599.1
2011 20,182.09
2012 21,078.24
2013 21,391.4
2014 21,998.78
2015 23,019.51
2016 24,027.24
2017 24,679.55
2018 25,238.68
Today 25,912.86