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Value of 1985 Chilean Pesos today

$100 in 1985
$1,324.32 in 2022

The inflation rate in Chile between 1985 and today has been 1,224.32%, which translates into a total increase of $1,224.32. This means that 100 pesos in 1985 are equivalent to 1,324.32 pesos in 2022. In other words, the purchasing power of $100 in 1985 equals $1,324.32 today. The average annual inflation rate between these periods has been 7.23%.

Inflation timeline in Chile (1985 - 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 1985-2021 1,047.78%
Cumulative inflation 1985-today 1,224.32%
Avg. Annual inflation 1985-2021 7.01%
CPI 1985 10.45
CPI 2021 120
CPI 2022-08 (latest official data) 136.92
CPI today 138.46

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 1985 and 2021, use the corresponding CPI values:

Value2021
=Value1985 ×
CPI2021/CPI1985
=$ 100 ×
120/10.45
$1,147.78

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 138.46:

Valuetoday
=Value1985 ×
CPItoday/CPI1985
=$ 100 ×
138.46/10.45
$1,324.32

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 36 years between 1985 and 2021 and the average inflation rate was 7.014%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.07014)36
$1,147.78

Chile inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1985 $11.48 pesos in 2021
$5 pesos in 1985 $57.39 pesos in 2021
$10 pesos in 1985 $114.78 pesos in 2021
$50 pesos in 1985 $573.89 pesos in 2021
$100 pesos in 1985 $1,147.78 pesos in 2021
$500 pesos in 1985 $5,738.9 pesos in 2021
$1,000 pesos in 1985 $11,477.8 pesos in 2021
$5,000 pesos in 1985 $57,389 pesos in 2021
$10,000 pesos in 1985 $114,778 pesos in 2021
$50,000 pesos in 1985 $573,890.02 pesos in 2021
$100,000 pesos in 1985 $1,147,780.04 pesos in 2021
$500,000 pesos in 1985 $5,738,900.21 pesos in 2021
$1,000,000 pesos in 1985 $11,477,800.43 pesos in 2021
Cumulative inflation From 1985 1,224.32%
Avg. annual inflation From 1985 7.23%
CPI 1985 10.45
CPI today 138.46

Value of Peso over time (by year)

Period Value
1985 100
1986 119.48
1987 143.23
1988 164.26
1989 192.23
1990 242.28
1991 295.06
1992 340.58
1993 383.93
1994 427.86
1995 463.08
1996 497.16
1997 527.66
1998 554.62
1999 573.13
2000 595.16
2001 616.4
2002 631.74
2003 649.5
2004 656.35
2005 676.38
2006 699.33
2007 730.15
2008 793.79
2009 796.6
2010 807.83
2011 834.83
2012 859.93
2013 875.32
2014 916.62
2015 956.49
2016 992.7
2017 1,014.37
2018 1,039.07
2019 1,065.64
2020 1,098.1
2021 1,147.78
2022-08 1,309.66
Today 1,324.32

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: