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Value of 1975 Colombian Pesos today

$100 in 1975
$50,407.86 in 2024

The inflation rate in Colombia between 1975 and today has been 50,307.86%, which translates into a total increase of $50,307.86. This means that 100 pesos in 1975 are equivalent to 50,407.86 pesos in 2024. In other words, the purchasing power of $100 in 1975 equals $50,407.86 today. The average annual inflation rate between these periods has been 13.54%.

Inflation timeline in Colombia (1975 - 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 (COP) 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 1975-2023 48,491.18%
Cumulative inflation 1975-today 50,307.86%
Avg. Annual inflation 1975-2023 13.75%
CPI 1975 0.32
CPI 2023 156.58
CPI 2023-12 (latest official data) 160.96
CPI today 162.43

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 1975 and 2023, use the corresponding CPI values:

Value2023
=Value1975 ×
CPI2023/CPI1975
=$ 100 ×
156.58/0.32
$48,591.18

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 162.43:

Valuetoday
=Value1975 ×
CPItoday/CPI1975
=$ 100 ×
162.43/0.32
$50,407.86

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 48 years between 1975 and 2023 and the average inflation rate was 13.7549%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=$100 × (1 + 0.137549)48
$48,591.18

Colombia inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1975 $485.91 pesos in 2023
$5 pesos in 1975 $2,429.56 pesos in 2023
$10 pesos in 1975 $4,859.12 pesos in 2023
$50 pesos in 1975 $24,295.59 pesos in 2023
$100 pesos in 1975 $48,591.18 pesos in 2023
$500 pesos in 1975 $242,955.92 pesos in 2023
$1,000 pesos in 1975 $485,911.83 pesos in 2023
$5,000 pesos in 1975 $2,429,559.16 pesos in 2023
$10,000 pesos in 1975 $4,859,118.32 pesos in 2023
$50,000 pesos in 1975 $24,295,591.62 pesos in 2023
$100,000 pesos in 1975 $48,591,183.24 pesos in 2023
$500,000 pesos in 1975 $242,955,916.19 pesos in 2023
$1,000,000 pesos in 1975 $485,911,832.39 pesos in 2023
Cumulative inflation From 1975 50,307.86%
Avg. annual inflation From 1975 13.54%
CPI 1975 0.32
CPI today 162.43

Value of Peso over time (by year)

Period Value
1975 100
1976 119.83
1977 160.34
1978 188.82
1979 234.39
1980 296.62
1981 378.06
1982 471.52
1983 563.92
1984 655.06
1985 812.87
1986 966.03
1987 1,191.14
1988 1,525.95
1989 1,920.68
1990 2,480.59
1991 3,234.39
1992 4,108.02
1993 5,029.96
1994 6,179.12
1995 7,470.04
1996 9,023.63
1997 10,690.3
1998 12,686.92
1999 14,066.46
2000 15,364.14
2001 16,587.98
2002 17,641.56
2003 18,899.37
2004 20,015.19
2005 21,026.16
2006 21,928.91
2007 23,144.73
2008 24,764.14
2009 25,804.86
2010 26,391.14
2011 27,292.41
2012 28,157.39
2013 28,725.32
2014 29,558.02
2015 31,032.92
2016 33,364.57
2017 34,804
2018 35,931.86
2019 37,197.76
2020 38,137.59
2021 39,470.52
2022 43,487.54
2023 48,591.18
2023-12 49,950.86
Today 50,407.86

All available years

Today's value of colombian 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: