Value of 1990 Chilean Pesos today

$100 in 1990

$492.59 in 2018

The inflation rate in Chile between 1990 and today has been 392.59%, which translates into a total increase of $392.59. This means that 100 pesos in 1990 are equivalent to 492.59 pesos in 2018. In other words, the purchasing power of $100 in 1990 equals $492.59 today. The average annual inflation rate has been 5.65%.

Inflation timeline in Chile (1990-2018)

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 (1990-2018) 379.77%
Total Inflation* 392.59%
Annual inflation avg. (1990-2018) 5.76%
Annual inflation avg.* 5.65%
CPI 1990 22.28
CPI 2018 106.91
CPI today* 109.76
$1 in 1990 $4.8 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 28 years between 1990 and 2018 and the average inflation rate has been 5.6523%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.06)28 = $479.77

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 1990 was 22.28 and the CPI today is 109.76. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
106.91/22.28
= $479.77

Chile inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1990 $4.93 pesos today
$5 pesos in 1990 $24.63 pesos today
$10 pesos in 1990 $49.26 pesos today
$50 pesos in 1990 $246.29 pesos today
$100 pesos in 1990 $492.59 pesos today
$500 pesos in 1990 $2,462.95 pesos today
$1,000 pesos in 1990 $4,925.9 pesos today
$5,000 pesos in 1990 $24,629.48 pesos today
$10,000 pesos in 1990 $49,258.97 pesos today
$50,000 pesos in 1990 $246,294.85 pesos today
$100,000 pesos in 1990 $492,589.7 pesos today
$500,000 pesos in 1990 $2,462,948.49 pesos today
$1,000,000 pesos in 1990 $4,925,896.97 pesos today

Value of Peso in time (by year)

Period Value
1990 100
1991 127.33
1992 151.09
1993 170.27
1994 191.1
1995 208.19
1996 225.26
1997 240.2
1998 254.72
1999 266.6
2000 272.76
2001 285.1
2002 292.62
2003 300.88
2004 304.11
2005 311.5
2006 322.91
2007 331.2
2008 357.11
2009 382.44
2010 372.57
2011 383.65
2012 400.69
2013 406.64
2014 418.19
2015 437.59
2016 456.75
2017 469.15
2018 479.77
Today 492.59