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Value of 2009 Chilean Pesos today

$100 in 2009
$170.56 in 2023

The inflation rate in Chile between 2009 and today has been 70.56%, which translates into a total increase of $70.56. This means that 100 pesos in 2009 are equivalent to 170.56 pesos in 2023. In other words, the purchasing power of $100 in 2009 equals $170.56 today. The average annual inflation rate between these periods has been 3.89%.

Inflation timeline in Chile (2009 - 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 2009-2022 60.86%
Cumulative inflation 2009-today 70.56%
Avg. Annual inflation 2009-2022 3.72%
CPI 2009 83.28
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 2009 and 2022, use the corresponding CPI values:

Value2022
=Value2009 ×
CPI2022/CPI2009
=$ 100 ×
133.97/83.28
$160.86

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

Valuetoday
=Value2009 ×
CPItoday/CPI2009
=$ 100 ×
142.05/83.28
$170.56

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 13 years between 2009 and 2022 and the average inflation rate was 3.7245%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=$100 × (1 + 0.037245)13
$160.86

Chile inflation - Conversion table

Initial Value Equivalent value
$1 peso in 2009 $1.61 pesos in 2022
$5 pesos in 2009 $8.04 pesos in 2022
$10 pesos in 2009 $16.09 pesos in 2022
$50 pesos in 2009 $80.43 pesos in 2022
$100 pesos in 2009 $160.86 pesos in 2022
$500 pesos in 2009 $804.31 pesos in 2022
$1,000 pesos in 2009 $1,608.63 pesos in 2022
$5,000 pesos in 2009 $8,043.14 pesos in 2022
$10,000 pesos in 2009 $16,086.27 pesos in 2022
$50,000 pesos in 2009 $80,431.37 pesos in 2022
$100,000 pesos in 2009 $160,862.74 pesos in 2022
$500,000 pesos in 2009 $804,313.7 pesos in 2022
$1,000,000 pesos in 2009 $1,608,627.39 pesos in 2022
Cumulative inflation From 2009 70.56%
Avg. annual inflation From 2009 3.89%
CPI 2009 83.28
CPI today 142.05

Value of Peso over time (by year)

Period Value
2009 100
2010 101.41
2011 104.8
2012 107.95
2013 109.88
2014 115.07
2015 120.07
2016 124.62
2017 127.34
2018 130.44
2019 133.77
2020 137.85
2021 144.09
2022 160.86
2022-12 168.79
Today 170.56

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: