Rp

Value of 1972 Indonesian Rupiahs today

Rp100 in 1972
Rp12,829.13 in 2022

The inflation rate in Indonesia between 1972 and today has been 12,729.13%, which translates into a total increase of Rp12,729.13. This means that 100 rupiahs in 1972 are equivalent to 12,829.13 rupiahs in 2022. In other words, the purchasing power of Rp100 in 1972 equals Rp12,829.13 today. The average annual inflation rate between these periods has been 10.2%.

Inflation timeline in Indonesia (1972 - 2022)

The following chart depicts the equivalence of Rp100 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 (IDR) 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 1972-2021 12,099.66%
Cumulative inflation 1972-today 12,729.13%
Avg. Annual inflation 1972-2021 10.3%
CPI 1972 0.97
CPI 2021 118.28
CPI 2022-08 (latest official data) 123.86
CPI today 124.38

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 1972 and 2021, use the corresponding CPI values:

Value2021
=Value1972 ×
CPI2021/CPI1972
=Rp 100 ×
118.28/0.97
Rp12,199.66

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 124.38:

Valuetoday
=Value1972 ×
CPItoday/CPI1972
=Rp 100 ×
124.38/0.97
Rp12,829.13

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 Rp100 worth today. There are 49 years between 1972 and 2021 and the average inflation rate was 10.3008%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=Rp100 × (1 + 0.103008)49
Rp12,199.66

Indonesia inflation - Conversion table

Initial Value Equivalent value
Rp1 rupiah in 1972 Rp122 rupiahs in 2021
Rp5 rupiahs in 1972 Rp609.98 rupiahs in 2021
Rp10 rupiahs in 1972 Rp1,219.97 rupiahs in 2021
Rp50 rupiahs in 1972 Rp6,099.83 rupiahs in 2021
Rp100 rupiahs in 1972 Rp12,199.66 rupiahs in 2021
Rp500 rupiahs in 1972 Rp60,998.3 rupiahs in 2021
Rp1,000 rupiahs in 1972 Rp121,996.59 rupiahs in 2021
Rp5,000 rupiahs in 1972 Rp609,982.97 rupiahs in 2021
Rp10,000 rupiahs in 1972 Rp1,219,965.95 rupiahs in 2021
Rp50,000 rupiahs in 1972 Rp6,099,829.74 rupiahs in 2021
Rp100,000 rupiahs in 1972 Rp12,199,659.48 rupiahs in 2021
Rp500,000 rupiahs in 1972 Rp60,998,297.42 rupiahs in 2021
Rp1,000,000 rupiahs in 1972 Rp121,996,594.84 rupiahs in 2021
Cumulative inflation From 1972 12,729.13%
Avg. annual inflation From 1972 10.2%
CPI 1972 0.97
CPI today 124.38

Value of Rupiah over time (by year)

Period Value
1972 100
1973 131.04
1974 184.1
1975 219.39
1976 262.89
1977 291.94
1978 315.63
1979 366.86
1980 433.03
1981 486.14
1982 532.06
1983 594.84
1984 657.04
1985 688.08
1986 728.14
1987 795.7
1988 859.72
1989 914.88
1990 986.41
1991 1,079.32
1992 1,160.53
1993 1,272.77
1994 1,381.36
1995 1,511.49
1996 1,632.01
1997 1,733.62
1998 2,746.94
1999 3,309.45
2000 3,431.53
2001 3,826.15
2002 4,281.47
2003 4,570.78
2004 4,847.96
2005 5,354.73
2006 6,056.66
2007 6,444.68
2008 7,103.76
2009 7,415.36
2010 7,796.08
2011 8,213.64
2012 8,565.14
2013 9,114.38
2014 9,697.24
2015 10,314.29
2016 10,677.95
2017 11,084.65
2018 11,439.18
2019 11,785.85
2020 12,012.26
2021 12,199.66
2022-08 12,774.94
Today 12,829.13

All available years

Today's value of indonesian rupiahs by year:

1969 | 1970 | 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 |

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