Value of 1977 Chilean Pesos today

$100 in 1977

$9,446.2 in 2018

The inflation rate in Chile between 1977 and today has been 9,346.2%, which translates into a total increase of $9,346.2. This means that 100 pesos in 1977 are equivalent to 9,446.2 pesos in 2018. In other words, the purchasing power of $100 in 1977 equals $9,446.2 today. The average annual inflation rate has been 11.44%.

Inflation timeline in Chile (1977-2018)

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 (1977-2018) 9,100.44%
Total Inflation* 9,346.2%
Annual inflation avg. (1977-2018) 11.66%
Annual inflation avg.* 11.44%
CPI 1977 1.16
CPI 2018 106.91
CPI today* 109.76
$1 in 1977 $92 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 41 years between 1977 and 2018 and the average inflation rate has been 11.4371%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.11)41 = $9,200.44

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 1977 was 1.16 and the CPI today is 109.76. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
106.91/1.16
= $9,200.44

Chile inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1977 $94.46 pesos today
$5 pesos in 1977 $472.31 pesos today
$10 pesos in 1977 $944.62 pesos today
$50 pesos in 1977 $4,723.1 pesos today
$100 pesos in 1977 $9,446.2 pesos today
$500 pesos in 1977 $47,231 pesos today
$1,000 pesos in 1977 $94,462 pesos today
$5,000 pesos in 1977 $472,309.98 pesos today
$10,000 pesos in 1977 $944,619.95 pesos today
$50,000 pesos in 1977 $4,723,099.76 pesos today
$100,000 pesos in 1977 $9,446,199.52 pesos today
$500,000 pesos in 1977 $47,230,997.6 pesos today
$1,000,000 pesos in 1977 $94,461,995.21 pesos today

Value of Peso in time (by year)

Period Value
1977 100
1978 163.49
1979 213.06
1980 295.94
1981 388.39
1982 425.44
1983 513.65
1984 632.26
1985 777.93
1986 983.43
1987 1,154.12
1988 1,401.7
1989 1,579.47
1990 1,917.66
1991 2,441.74
1992 2,897.32
1993 3,265.12
1994 3,664.59
1995 3,992.42
1996 4,319.73
1997 4,606.19
1998 4,884.66
1999 5,112.52
2000 5,230.6
2001 5,467.34
2002 5,611.45
2003 5,769.93
2004 5,831.83
2005 5,973.45
2006 6,192.29
2007 6,351.29
2008 6,848.16
2009 7,333.88
2010 7,144.6
2011 7,357.12
2012 7,683.8
2013 7,797.96
2014 8,019.37
2015 8,391.47
2016 8,758.82
2017 8,996.61
2018 9,200.44
Today 9,446.2