Rp

Value of 1995 Indonesian Rupiahs today

Rp100 in 1995
Rp892.14 in 2024

The inflation rate in Indonesia between 1995 and today has been 792.14%, which translates into a total increase of Rp792.14. This means that 100 rupiahs in 1995 are equivalent to 892.14 rupiahs in 2024. In other words, the purchasing power of Rp100 in 1995 equals Rp892.14 today. The average annual inflation rate between these periods has been 7.84%.

Inflation timeline in Indonesia (1995 - 2024)

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 1995-2023 771.96%
Cumulative inflation 1995-today 792.14%
Avg. Annual inflation 1995-2023 8.04%
CPI 1995 14.65
CPI 2023 127.78
CPI 2024-03 (latest official data) 130.61
CPI today 130.74

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 1995 and 2023, use the corresponding CPI values:

Value2023
=Value1995 ×
CPI2023/CPI1995
=Rp 100 ×
127.78/14.65
Rp871.96

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 130.74:

Valuetoday
=Value1995 ×
CPItoday/CPI1995
=Rp 100 ×
130.74/14.65
Rp892.14

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 28 years between 1995 and 2023 and the average inflation rate was 8.0411%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=Rp100 × (1 + 0.080411)28
Rp871.96

Indonesia inflation - Conversion table

Initial Value Equivalent value
Rp1 rupiah in 1995 Rp8.72 rupiahs in 2023
Rp5 rupiahs in 1995 Rp43.6 rupiahs in 2023
Rp10 rupiahs in 1995 Rp87.2 rupiahs in 2023
Rp50 rupiahs in 1995 Rp435.98 rupiahs in 2023
Rp100 rupiahs in 1995 Rp871.96 rupiahs in 2023
Rp500 rupiahs in 1995 Rp4,359.78 rupiahs in 2023
Rp1,000 rupiahs in 1995 Rp8,719.56 rupiahs in 2023
Rp5,000 rupiahs in 1995 Rp43,597.78 rupiahs in 2023
Rp10,000 rupiahs in 1995 Rp87,195.55 rupiahs in 2023
Rp50,000 rupiahs in 1995 Rp435,977.76 rupiahs in 2023
Rp100,000 rupiahs in 1995 Rp871,955.51 rupiahs in 2023
Rp500,000 rupiahs in 1995 Rp4,359,777.57 rupiahs in 2023
Rp1,000,000 rupiahs in 1995 Rp8,719,555.14 rupiahs in 2023
Cumulative inflation From 1995 792.14%
Avg. annual inflation From 1995 7.84%
CPI 1995 14.65
CPI today 130.74

Value of Rupiah over time (by year)

Period Value
1995 100
1996 107.97
1997 114.7
1998 181.74
1999 218.95
2000 227.03
2001 253.14
2002 283.26
2003 302.4
2004 320.74
2005 354.27
2006 400.71
2007 426.38
2008 469.98
2009 490.6
2010 515.79
2011 543.41
2012 566.67
2013 603.01
2014 641.57
2015 682.39
2016 706.45
2017 733.36
2018 756.81
2019 779.75
2020 794.72
2021 807.12
2022 841.09
2023 871.96
2024-03 891.25
Today 892.14

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 | 2022 | 2023 |

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