Value of 1975 Colombian Pesos today

$100 in 1975

$40,934.86 today

The inflation rate in Colombia between 1975 and today has been 40,834.86%, which translates into a total increase of $40,834.86. This means that 100 pesos in 1975 are equivalent to 40,934.86 pesos in 2018. In other words, the purchasing power of $100 in 1975 equals $40,934.86 today. The average annual inflation rate has been 14.65%.

Inflation timeline in Colombia (1975-2019)

The following chart ilustrates the equivalence of $100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 (1975-2018) 39,571.44%
Total Inflation* 40,834.86%
Annual inflation avg. (1975-2018) 14.93%
Annual inflation avg.* 14.65%
CPI 1975 0.29
CPI 2018 113.27
CPI today* 116.88
$1 in 1975 $396.71 in 2018

* 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 43 years between 1975 and 2018 and the average inflation rate has been 14.6478%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.15)43 = $39,671.44

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 0.29 and the CPI today is 116.88. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
113.27/0.29
= $39,671.44

Colombia inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1975 $409.35 pesos today
$5 pesos in 1975 $2,046.74 pesos today
$10 pesos in 1975 $4,093.49 pesos today
$50 pesos in 1975 $20,467.43 pesos today
$100 pesos in 1975 $40,934.86 pesos today
$500 pesos in 1975 $204,674.28 pesos today
$1,000 pesos in 1975 $409,348.55 pesos today
$5,000 pesos in 1975 $2,046,742.76 pesos today
$10,000 pesos in 1975 $4,093,485.53 pesos today
$50,000 pesos in 1975 $20,467,427.63 pesos today
$100,000 pesos in 1975 $40,934,855.25 pesos today
$500,000 pesos in 1975 $204,674,276.27 pesos today
$1,000,000 pesos in 1975 $409,348,552.55 pesos today

Value of Peso in time (by year)

Period Value
1975 100
1976 117.14
1977 148.57
1978 191.43
1979 228.57
1980 291.43
1981 368.57
1982 465.71
1983 577.14
1984 674.29
1985 797.14
1986 977.14
1987 1,180
1988 1,462.86
1989 1,877.14
1990 2,365.71
1991 3,131.43
1992 3,971.43
1993 4,971.43
1994 6,094.29
1995 7,471.43
1996 8,925.72
1997 10,857.14
1998 12,777.14
1999 14,908.57
2000 16,285.71
2001 17,711.43
2002 19,065.72
2003 20,400
2004 21,722.86
2005 22,917.14
2006 24,028.57
2007 25,105.72
2008 26,534.28
2009 28,571.43
2010 29,142.86
2011 30,068.57
2012 31,188.57
2013 31,948.57
2014 32,565.72
2015 33,757.14
2016 36,042.87
2017 38,114.29
2018 39,671.44
Today 40,934.86