Value of 1975 Colombian Pesos today

$100 in 1975

$41,740.47 in 2019

The inflation rate in Colombia between 1975 and today has been 41,640.47%, which translates into a total increase of $41,640.47. This means that 100 pesos in 1975 are equivalent to 41,740.47 pesos in 2019. In other words, the purchasing power of $100 in 1975 equals $41,740.47 today. The average annual inflation rate has been 14.35%.

Inflation timeline in Colombia (1975-2019)

The following chart depicts the equivalence of $100 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1975-2019) 41,566.66%
Total Inflation* 41,640.47%
Annual inflation avg. (1975-2019) 14.69%
Annual inflation avg.* 14.35%
CPI 1975 0.28
CPI 2019 116.88
CPI today* 117.09
$1 in 1975 $416.67 in 2019

* Values extrapolated from the last official data to obtain today's values.

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 compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 44 years between 1975 and 2019 and the average inflation rate has been 14.3496%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.14)44 = $41,666.66

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1975 was 0.28 and the CPI today is 117.09. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
116.88/0.28
= $41,666.66

Colombia inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1975 $417.4 pesos today
$5 pesos in 1975 $2,087.02 pesos today
$10 pesos in 1975 $4,174.05 pesos today
$50 pesos in 1975 $20,870.24 pesos today
$100 pesos in 1975 $41,740.47 pesos today
$500 pesos in 1975 $208,702.37 pesos today
$1,000 pesos in 1975 $417,404.73 pesos today
$5,000 pesos in 1975 $2,087,023.67 pesos today
$10,000 pesos in 1975 $4,174,047.35 pesos today
$50,000 pesos in 1975 $20,870,236.75 pesos today
$100,000 pesos in 1975 $41,740,473.49 pesos today
$500,000 pesos in 1975 $208,702,367.46 pesos today
$1,000,000 pesos in 1975 $417,404,734.91 pesos today

Value of Peso in time (by year)

Period Value
1975 100
1976 120.83
1977 150
1978 195.83
1979 233.33
1980 295.83
1981 375
1982 475
1983 587.5
1984 687.5
1985 812.5
1986 995.83
1987 1,200
1988 1,487.5
1989 1,912.5
1990 2,408.33
1991 3,187.5
1992 4,041.66
1993 5,058.33
1994 6,204.16
1995 7,604.17
1996 9,083.33
1997 11,050
1998 13,004.16
1999 15,175
2000 16,579.16
2001 18,029.16
2002 19,408.33
2003 20,766.66
2004 22,112.49
2005 23,329.16
2006 24,458.33
2007 25,554.16
2008 27,008.33
2009 29,083.33
2010 29,662.49
2011 30,608.33
2012 31,745.83
2013 32,520.83
2014 33,149.99
2015 34,362.49
2016 36,687.48
2017 38,795.83
2018 40,379.14
2019 41,666.66
Today 41,740.47