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Value of 2006 Chilean Pesos today

$100 in 2006
$202.23 in 2024

The inflation rate in Chile between 2006 and today has been 102.23%, which translates into a total increase of $102.23. This means that 100 pesos in 2006 are equivalent to 202.23 pesos in 2024. In other words, the purchasing power of $100 in 2006 equals $202.23 today. The average annual inflation rate between these periods has been 3.99%.

Inflation timeline in Chile (2006 - 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 2006-2023 97.13%
Cumulative inflation 2006-today 102.23%
Avg. Annual inflation 2006-2023 4.07%
CPI 2006 73.11
CPI 2023 144.13
CPI 2023-12 (latest official data) 146.11
CPI today 147.86

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 2006 and 2023, use the corresponding CPI values:

Value2023
=Value2006 ×
CPI2023/CPI2006
=$ 100 ×
144.13/73.11
$197.13

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 147.86:

Valuetoday
=Value2006 ×
CPItoday/CPI2006
=$ 100 ×
147.86/73.11
$202.23

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 17 years between 2006 and 2023 and the average inflation rate was 4.0731%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=$100 × (1 + 0.040731)17
$197.13

Chile inflation - Conversion table

Initial Value Equivalent value
$1 peso in 2006 $1.97 pesos in 2023
$5 pesos in 2006 $9.86 pesos in 2023
$10 pesos in 2006 $19.71 pesos in 2023
$50 pesos in 2006 $98.56 pesos in 2023
$100 pesos in 2006 $197.13 pesos in 2023
$500 pesos in 2006 $985.65 pesos in 2023
$1,000 pesos in 2006 $1,971.3 pesos in 2023
$5,000 pesos in 2006 $9,856.48 pesos in 2023
$10,000 pesos in 2006 $19,712.97 pesos in 2023
$50,000 pesos in 2006 $98,564.83 pesos in 2023
$100,000 pesos in 2006 $197,129.66 pesos in 2023
$500,000 pesos in 2006 $985,648.32 pesos in 2023
$1,000,000 pesos in 2006 $1,971,296.65 pesos in 2023
Cumulative inflation From 2006 102.23%
Avg. annual inflation From 2006 3.99%
CPI 2006 73.11
CPI today 147.86

Value of Peso over time (by year)

Period Value
2006 100
2007 104.41
2008 113.51
2009 113.91
2010 115.52
2011 119.38
2012 122.97
2013 125.17
2014 131.07
2015 136.77
2016 141.95
2017 145.05
2018 148.58
2019 152.38
2020 157.02
2021 164.13
2022 183.24
2023 197.13
2023-12 199.84
Today 202.23

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 |

Other currencies: