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# Inflation calculator - Chinese Renminbi

¥100 in 2010
¥131.92 in 2022

The inflation rate in China between 2010 and 2022 was 31.92%, which translates into a total increase of ¥31.92. This means that 100 renminbis in 2010 are equivalent to 131.92 renminbis in 2022. In other words, the purchasing power of ¥100 in 2010 equals ¥131.92 in 2022. The average annual inflation rate between these periods was 2.34%.

## Inflation timeline in China (2010 - 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 (CNY) 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.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 2010 to 2022 31.92%
Avg. Annual inflation from 2010 to 2022 2.34%
CPI 2010 87.02
CPI 2022 114.79

## How to calculate the time value of money with inflation data?

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 2010 and 2022, use the corresponding CPI values:

Value2022
=Value2010 ×
CPI2022/CPI2010
=¥ 100 ×
114.79/87.02
¥131.92

### 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 12 years between 2010 and 2022 and the average inflation rate was 2.3354%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=¥100 × (1 + 0.023354)12
¥131.92

## China inflation - Conversion table

Initial Value Equivalent value
¥1 renminbi in 2010 ¥1.32 renminbis in 2022
¥5 renminbis in 2010 ¥6.6 renminbis in 2022
¥10 renminbis in 2010 ¥13.19 renminbis in 2022
¥50 renminbis in 2010 ¥65.96 renminbis in 2022
¥100 renminbis in 2010 ¥131.92 renminbis in 2022
¥500 renminbis in 2010 ¥659.6 renminbis in 2022
¥1,000 renminbis in 2010 ¥1,319.19 renminbis in 2022
¥5,000 renminbis in 2010 ¥6,595.97 renminbis in 2022
¥10,000 renminbis in 2010 ¥13,191.93 renminbis in 2022
¥50,000 renminbis in 2010 ¥65,959.67 renminbis in 2022
¥100,000 renminbis in 2010 ¥131,919.33 renminbis in 2022
¥500,000 renminbis in 2010 ¥659,596.66 renminbis in 2022
¥1,000,000 renminbis in 2010 ¥1,319,193.32 renminbis in 2022
 Cumulative inflation 2010-2022 31.92% Avg. annual inflation 2010-2022 2.34% CPI 2010 87.02 CPI 2022 114.79

### Value of Renminbi over time (by year)

Period Value
2010 100
2011 105.55
2012 108.32
2013 111.16
2014 113.29
2015 114.92
2016 117.22
2017 119.09
2018 121.56
2019 125.08
2020 128.11
2021 129.37
2022 131.92

All available years

Today's value of chinese renminbis by year:

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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