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Value of 2005 Chilean Pesos today

$100 in 2005
$188.69 in 2022

The inflation rate in Chile between 2005 and today has been 88.69%, which translates into a total increase of $88.69. This means that 100 pesos in 2005 are equivalent to 188.69 pesos in 2022. In other words, the purchasing power of $100 in 2005 equals $188.69 today. The average annual inflation rate between these periods has been 3.81%.

Inflation timeline in Chile (2005 - 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 2005-2021 69.69%
Cumulative inflation 2005-today 88.69%
Avg. Annual inflation 2005-2021 3.36%
CPI 2005 70.72
CPI 2021 120
CPI 2022-05 (latest official data) 132.22
CPI today 133.43

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 2005 and 2021, use the corresponding CPI values:

Value2021
=Value2005 ×
CPI2021/CPI2005
=$ 100 ×
120/70.72
$169.69

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 133.43:

Valuetoday
=Value2005 ×
CPItoday/CPI2005
=$ 100 ×
133.43/70.72
$188.69

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 16 years between 2005 and 2021 and the average inflation rate was 3.3604%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.033604)16
$169.69

Chile inflation - Conversion table

Initial Value Equivalent value
$1 peso in 2005 $1.7 pesos in 2021
$5 pesos in 2005 $8.48 pesos in 2021
$10 pesos in 2005 $16.97 pesos in 2021
$50 pesos in 2005 $84.85 pesos in 2021
$100 pesos in 2005 $169.69 pesos in 2021
$500 pesos in 2005 $848.47 pesos in 2021
$1,000 pesos in 2005 $1,696.94 pesos in 2021
$5,000 pesos in 2005 $8,484.68 pesos in 2021
$10,000 pesos in 2005 $16,969.37 pesos in 2021
$50,000 pesos in 2005 $84,846.83 pesos in 2021
$100,000 pesos in 2005 $169,693.66 pesos in 2021
$500,000 pesos in 2005 $848,468.29 pesos in 2021
$1,000,000 pesos in 2005 $1,696,936.58 pesos in 2021
Cumulative inflation From 2005 88.69%
Avg. annual inflation From 2005 3.81%
CPI 2005 70.72
CPI today 133.43

Value of Peso over time (by year)

Period Value
2005 100
2006 103.39
2007 107.95
2008 117.36
2009 117.77
2010 119.43
2011 123.42
2012 127.14
2013 129.41
2014 135.52
2015 141.41
2016 146.77
2017 149.97
2018 153.62
2019 157.55
2020 162.35
2021 169.69
2022-05 186.97
Today 188.69

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 |

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