Value of 1992 Indonesian Ruphias today

Rp100 in 1992

Rp1,018.6 in 2018

The inflation rate in Indonesia between 1992 and today has been 918.6%, which translates into a total increase of Rp918.6. This means that 100 ruphias in 1992 are equivalent to 1,018.6 ruphias in 2018. In other words, the purchasing power of Rp100 in 1992 equals Rp1,018.6 today. The average annual inflation rate has been 8.98%.

Inflation timeline in Indonesia (1992-2018)

The following chart ilustrates the equivalence of Rp100 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 (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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1992-2018) 896.43%
Total Inflation* 918.6%
Annual inflation avg. (1992-2018) 9.25%
Annual inflation avg.* 8.98%
CPI 1992 10.94
CPI 2018 109.02
CPI today* 111.44
Rp1 in 1992 Rp9.96 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 Rp100 worth today. There are 26 years between 1992 and 2018 and the average inflation rate has been 8.9766%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = Rp100 * (1 + 0.09)26 = Rp996.43

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 1992 was 10.94 and the CPI today is 111.44. Therefore,

Final value = Initial value *
CPI final/CPI initial
= Rp100 *
109.02/10.94
= Rp996.43

Indonesia inflation - Conversion table

Initial Value Equivalent value
Rp1 ruphia in 1992 Rp10.19 ruphias today
Rp5 ruphias in 1992 Rp50.93 ruphias today
Rp10 ruphias in 1992 Rp101.86 ruphias today
Rp50 ruphias in 1992 Rp509.3 ruphias today
Rp100 ruphias in 1992 Rp1,018.6 ruphias today
Rp500 ruphias in 1992 Rp5,092.98 ruphias today
Rp1,000 ruphias in 1992 Rp10,185.96 ruphias today
Rp5,000 ruphias in 1992 Rp50,929.81 ruphias today
Rp10,000 ruphias in 1992 Rp101,859.63 ruphias today
Rp50,000 ruphias in 1992 Rp509,298.15 ruphias today
Rp100,000 ruphias in 1992 Rp1,018,596.29 ruphias today
Rp500,000 ruphias in 1992 Rp5,092,981.47 ruphias today
Rp1,000,000 ruphias in 1992 Rp10,185,962.94 ruphias today

Value of Ruphia in time (by year)

Period Value
1992 100
1993 105.03
1994 115.71
1995 126.9
1996 138.26
1997 146.6
1998 161.74
1999 287.26
2000 292.8
2001 320.16
2002 360.31
2003 396.06
2004 416.5
2005 443.46
2006 519.19
2007 553.46
2008 589.89
2009 650.26
2010 668.36
2011 714.85
2012 741.92
2013 773.79
2014 833.54
2015 903.22
2016 933.51
2017 961.74
2018 996.43
Today 1,018.6