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Value of 1991 Chilean Pesos today

$100 in 1991
$460.48 in 2023

The inflation rate in Chile between 1991 and today has been 360.48%, which translates into a total increase of $360.48. This means that 100 pesos in 1991 are equivalent to 460.48 pesos in 2023. In other words, the purchasing power of $100 in 1991 equals $460.48 today. The average annual inflation rate between these periods has been 4.89%.

Inflation timeline in Chile (1991 - 2023)

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 1991-2022 334.29%
Cumulative inflation 1991-today 360.48%
Avg. Annual inflation 1991-2022 4.85%
CPI 1991 30.85
CPI 2022 133.97
CPI 2022-12 (latest official data) 140.57
CPI today 142.05

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 1991 and 2022, use the corresponding CPI values:

Value2022
=Value1991 ×
CPI2022/CPI1991
=$ 100 ×
133.97/30.85
$434.29

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 142.05:

Valuetoday
=Value1991 ×
CPItoday/CPI1991
=$ 100 ×
142.05/30.85
$460.48

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 31 years between 1991 and 2022 and the average inflation rate was 4.8512%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=$100 × (1 + 0.048512)31
$434.29

Chile inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1991 $4.34 pesos in 2022
$5 pesos in 1991 $21.71 pesos in 2022
$10 pesos in 1991 $43.43 pesos in 2022
$50 pesos in 1991 $217.14 pesos in 2022
$100 pesos in 1991 $434.29 pesos in 2022
$500 pesos in 1991 $2,171.44 pesos in 2022
$1,000 pesos in 1991 $4,342.88 pesos in 2022
$5,000 pesos in 1991 $21,714.42 pesos in 2022
$10,000 pesos in 1991 $43,428.84 pesos in 2022
$50,000 pesos in 1991 $217,144.21 pesos in 2022
$100,000 pesos in 1991 $434,288.42 pesos in 2022
$500,000 pesos in 1991 $2,171,442.08 pesos in 2022
$1,000,000 pesos in 1991 $4,342,884.15 pesos in 2022
Cumulative inflation From 1991 360.48%
Avg. annual inflation From 1991 4.89%
CPI 1991 30.85
CPI today 142.05

Value of Peso over time (by year)

Period Value
1991 100
1992 115.43
1993 130.12
1994 145.01
1995 156.94
1996 168.49
1997 178.83
1998 187.97
1999 194.24
2000 201.71
2001 208.9
2002 214.1
2003 220.12
2004 222.44
2005 229.23
2006 237.01
2007 247.46
2008 269.02
2009 269.97
2010 273.78
2011 282.93
2012 291.44
2013 296.66
2014 310.65
2015 324.16
2016 336.44
2017 343.78
2018 352.15
2019 361.16
2020 372.16
2021 388.99
2022 434.29
2022-12 455.69
Today 460.48

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 | 2022 |

Other currencies: