Rp

Value of 2000 Indonesian Rupiahs today

Rp100 in 2000
Rp389.97 in 2024

The inflation rate in Indonesia between 2000 and today has been 289.97%, which translates into a total increase of Rp289.97. This means that 100 rupiahs in 2000 are equivalent to 389.97 rupiahs in 2024. In other words, the purchasing power of Rp100 in 2000 equals Rp389.97 today. The average annual inflation rate between these periods has been 5.83%.

Inflation timeline in Indonesia (2000 - 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 2000-2023 284.08%
Cumulative inflation 2000-today 289.97%
Avg. Annual inflation 2000-2023 6.03%
CPI 2000 33.27
CPI 2023 127.78
CPI 2023-12 (latest official data) 129.4
CPI today 129.74

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 2000 and 2023, use the corresponding CPI values:

Value2023
=Value2000 ×
CPI2023/CPI2000
=Rp 100 ×
127.78/33.27
Rp384.08

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 129.74:

Valuetoday
=Value2000 ×
CPItoday/CPI2000
=Rp 100 ×
129.74/33.27
Rp389.97

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 23 years between 2000 and 2023 and the average inflation rate was 6.0253%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=Rp100 × (1 + 0.060253)23
Rp384.08

Indonesia inflation - Conversion table

Initial Value Equivalent value
Rp1 rupiah in 2000 Rp3.84 rupiahs in 2023
Rp5 rupiahs in 2000 Rp19.2 rupiahs in 2023
Rp10 rupiahs in 2000 Rp38.41 rupiahs in 2023
Rp50 rupiahs in 2000 Rp192.04 rupiahs in 2023
Rp100 rupiahs in 2000 Rp384.08 rupiahs in 2023
Rp500 rupiahs in 2000 Rp1,920.4 rupiahs in 2023
Rp1,000 rupiahs in 2000 Rp3,840.8 rupiahs in 2023
Rp5,000 rupiahs in 2000 Rp19,203.99 rupiahs in 2023
Rp10,000 rupiahs in 2000 Rp38,407.98 rupiahs in 2023
Rp50,000 rupiahs in 2000 Rp192,039.92 rupiahs in 2023
Rp100,000 rupiahs in 2000 Rp384,079.83 rupiahs in 2023
Rp500,000 rupiahs in 2000 Rp1,920,399.15 rupiahs in 2023
Rp1,000,000 rupiahs in 2000 Rp3,840,798.3 rupiahs in 2023
Cumulative inflation From 2000 289.97%
Avg. annual inflation From 2000 5.83%
CPI 2000 33.27
CPI today 129.74

Value of Rupiah over time (by year)

Period Value
2000 100
2001 111.5
2002 124.77
2003 133.2
2004 141.28
2005 156.05
2006 176.5
2007 187.81
2008 207.01
2009 216.1
2010 227.19
2011 239.36
2012 249.6
2013 265.61
2014 282.59
2015 300.57
2016 311.17
2017 323.02
2018 333.36
2019 343.46
2020 350.06
2021 355.52
2022 370.48
2023 384.08
2023-12 388.94
Today 389.97

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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