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Value of 1990 Chilean Pesos today

$100 in 1990
$597.77 in 2024

The inflation rate in Chile between 1990 and today has been 497.77%, which translates into a total increase of $497.77. This means that 100 pesos in 1990 are equivalent to 597.77 pesos in 2024. In other words, the purchasing power of $100 in 1990 equals $597.77 today. The average annual inflation rate between these periods has been 5.4%.

Inflation timeline in Chile (1990 - 2024)

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 1990-2023 468.99%
Cumulative inflation 1990-today 497.77%
Avg. Annual inflation 1990-2023 5.41%
CPI 1990 25.33
CPI 2023 144.13
CPI 2024-09 (latest official data) 151.21
CPI today 151.42

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 1990 and 2023, use the corresponding CPI values:

Value2023
=Value1990 ×
CPI2023/CPI1990
=$ 100 ×
144.13/25.33
$568.99

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 151.42:

Valuetoday
=Value1990 ×
CPItoday/CPI1990
=$ 100 ×
151.42/25.33
$597.77

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 33 years between 1990 and 2023 and the average inflation rate was 5.4101%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=$100 × (1 + 0.054101)33
$568.99

Chile inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1990 $5.69 pesos in 2023
$5 pesos in 1990 $28.45 pesos in 2023
$10 pesos in 1990 $56.9 pesos in 2023
$50 pesos in 1990 $284.5 pesos in 2023
$100 pesos in 1990 $568.99 pesos in 2023
$500 pesos in 1990 $2,844.97 pesos in 2023
$1,000 pesos in 1990 $5,689.95 pesos in 2023
$5,000 pesos in 1990 $28,449.75 pesos in 2023
$10,000 pesos in 1990 $56,899.49 pesos in 2023
$50,000 pesos in 1990 $284,497.46 pesos in 2023
$100,000 pesos in 1990 $568,994.92 pesos in 2023
$500,000 pesos in 1990 $2,844,974.61 pesos in 2023
$1,000,000 pesos in 1990 $5,689,949.22 pesos in 2023
Cumulative inflation From 1990 497.77%
Avg. annual inflation From 1990 5.4%
CPI 1990 25.33
CPI today 151.42

Value of Peso over time (by year)

Period Value
1990 100
1991 121.78
1992 140.57
1993 158.46
1994 176.6
1995 191.13
1996 205.2
1997 217.79
1998 228.92
1999 236.55
2000 245.65
2001 254.41
2002 260.75
2003 268.07
2004 270.9
2005 279.17
2006 288.64
2007 301.36
2008 327.63
2009 328.79
2010 333.43
2011 344.57
2012 354.93
2013 361.28
2014 378.33
2015 394.78
2016 409.73
2017 418.67
2018 428.86
2019 439.83
2020 453.23
2021 473.73
2022 528.9
2023 568.99
2024-09 596.96
Today 597.77

All available years

Today's value of chilean pesos by year:

1970 | 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 | 2022 | 2023 |

Other currencies: