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Value of 1992 Chilean Pesos today

$100 in 1992
$412.15 in 2024

The inflation rate in Chile between 1992 and today has been 312.15%, which translates into a total increase of $312.15. This means that 100 pesos in 1992 are equivalent to 412.15 pesos in 2024. In other words, the purchasing power of $100 in 1992 equals $412.15 today. The average annual inflation rate between these periods has been 4.53%.

Inflation timeline in Chile (1992 - 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 1992-2023 304.78%
Cumulative inflation 1992-today 312.15%
Avg. Annual inflation 1992-2023 4.61%
CPI 1992 35.61
CPI 2023 144.13
CPI 2023-12 (latest official data) 146.11
CPI today 146.76

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 1992 and 2023, use the corresponding CPI values:

Value2023
=Value1992 ×
CPI2023/CPI1992
=$ 100 ×
144.13/35.61
$404.78

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 146.76:

Valuetoday
=Value1992 ×
CPItoday/CPI1992
=$ 100 ×
146.76/35.61
$412.15

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 1992 and 2023 and the average inflation rate was 4.6135%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=$100 × (1 + 0.046135)31
$404.78

Chile inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1992 $4.05 pesos in 2023
$5 pesos in 1992 $20.24 pesos in 2023
$10 pesos in 1992 $40.48 pesos in 2023
$50 pesos in 1992 $202.39 pesos in 2023
$100 pesos in 1992 $404.78 pesos in 2023
$500 pesos in 1992 $2,023.88 pesos in 2023
$1,000 pesos in 1992 $4,047.75 pesos in 2023
$5,000 pesos in 1992 $20,238.75 pesos in 2023
$10,000 pesos in 1992 $40,477.51 pesos in 2023
$50,000 pesos in 1992 $202,387.54 pesos in 2023
$100,000 pesos in 1992 $404,775.08 pesos in 2023
$500,000 pesos in 1992 $2,023,875.42 pesos in 2023
$1,000,000 pesos in 1992 $4,047,750.84 pesos in 2023
Cumulative inflation From 1992 312.15%
Avg. annual inflation From 1992 4.53%
CPI 1992 35.61
CPI today 146.76

Value of Peso over time (by year)

Period Value
1992 100
1993 112.73
1994 125.63
1995 135.97
1996 145.98
1997 154.93
1998 162.85
1999 168.28
2000 174.75
2001 180.99
2002 185.49
2003 190.7
2004 192.72
2005 198.6
2006 205.33
2007 214.39
2008 233.07
2009 233.89
2010 237.19
2011 245.12
2012 252.49
2013 257.01
2014 269.14
2015 280.84
2016 291.47
2017 297.84
2018 305.09
2019 312.89
2020 322.42
2021 337.01
2022 376.25
2023 404.78
2023-12 410.33
Today 412.15

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 | 2023 |

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