Rp

Value of 1992 Indonesian Ruphias today

Rp100 in 1992
Rp1,087.68 in 2022

The inflation rate in Indonesia between 1992 and today has been 987.68%, which translates into a total increase of Rp987.68. This means that 100 ruphias in 1992 are equivalent to 1,087.68 ruphias in 2022. In other words, the purchasing power of Rp100 in 1992 equals Rp1,087.68 today. The average annual inflation rate between these periods has been 8.28%.

Inflation timeline in Indonesia (1992 - 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 1992-2021 951.22%
Cumulative inflation 1992-today 987.68%
Avg. Annual inflation 1992-2021 8.45%
CPI 1992 11.25
CPI 2021 118.28
CPI 2022-04 (latest official data) 122.09
CPI today 122.38

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 1992 and 2021, use the corresponding CPI values:

Value2021
=Value1992 ×
CPI2021/CPI1992
=Rp 100 ×
118.28/11.25
Rp1,051.22

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 122.38:

Valuetoday
=Value1992 ×
CPItoday/CPI1992
=Rp 100 ×
122.38/11.25
Rp1,087.68

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 29 years between 1992 and 2021 and the average inflation rate was 8.4503%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=Rp100 × (1 + 0.084503)29
Rp1,051.22

Indonesia inflation - Conversion table

Initial Value Equivalent value
Rp1 ruphia in 1992 Rp10.51 ruphias in 2021
Rp5 ruphias in 1992 Rp52.56 ruphias in 2021
Rp10 ruphias in 1992 Rp105.12 ruphias in 2021
Rp50 ruphias in 1992 Rp525.61 ruphias in 2021
Rp100 ruphias in 1992 Rp1,051.22 ruphias in 2021
Rp500 ruphias in 1992 Rp5,256.09 ruphias in 2021
Rp1,000 ruphias in 1992 Rp10,512.17 ruphias in 2021
Rp5,000 ruphias in 1992 Rp52,560.87 ruphias in 2021
Rp10,000 ruphias in 1992 Rp105,121.74 ruphias in 2021
Rp50,000 ruphias in 1992 Rp525,608.71 ruphias in 2021
Rp100,000 ruphias in 1992 Rp1,051,217.42 ruphias in 2021
Rp500,000 ruphias in 1992 Rp5,256,087.11 ruphias in 2021
Rp1,000,000 ruphias in 1992 Rp10,512,174.23 ruphias in 2021
Cumulative inflation From 1992 987.68%
Avg. annual inflation From 1992 8.28%
CPI 1992 11.25
CPI today 122.38

Value of Ruphia over time (by year)

Period Value
1992 100
1993 109.67
1994 119.03
1995 130.24
1996 140.63
1997 149.38
1998 236.7
1999 285.17
2000 295.69
2001 329.69
2002 368.92
2003 393.85
2004 417.74
2005 461.4
2006 521.89
2007 555.32
2008 612.12
2009 638.96
2010 671.77
2011 707.75
2012 738.04
2013 785.37
2014 835.59
2015 888.76
2016 920.1
2017 955.14
2018 985.69
2019 1,015.56
2020 1,035.07
2021 1,051.22
2022-04 1,085.1
Today 1,087.68

All available years

Today's value of indonesian ruphias 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 |

Other currencies: