Rp

Value of 2007 Indonesian Rupiahs today

Rp100 in 2007
Rp207.88 in 2024

The inflation rate in Indonesia between 2007 and today has been 107.88%, which translates into a total increase of Rp107.88. This means that 100 rupiahs in 2007 are equivalent to 207.88 rupiahs in 2024. In other words, the purchasing power of Rp100 in 2007 equals Rp207.88 today. The average annual inflation rate between these periods has been 4.4%.

Inflation timeline in Indonesia (2007 - 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 2007-2023 104.5%
Cumulative inflation 2007-today 107.88%
Avg. Annual inflation 2007-2023 4.57%
CPI 2007 62.48
CPI 2023 127.78
CPI 2024-01 (latest official data) 129.45
CPI today 129.89

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 2007 and 2023, use the corresponding CPI values:

Value2023
=Value2007 ×
CPI2023/CPI2007
=Rp 100 ×
127.78/62.48
Rp204.5

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 129.89:

Valuetoday
=Value2007 ×
CPItoday/CPI2007
=Rp 100 ×
129.89/62.48
Rp207.88

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 16 years between 2007 and 2023 and the average inflation rate was 4.5728%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=Rp100 × (1 + 0.045728)16
Rp204.5

Indonesia inflation - Conversion table

Initial Value Equivalent value
Rp1 rupiah in 2007 Rp2.05 rupiahs in 2023
Rp5 rupiahs in 2007 Rp10.23 rupiahs in 2023
Rp10 rupiahs in 2007 Rp20.45 rupiahs in 2023
Rp50 rupiahs in 2007 Rp102.25 rupiahs in 2023
Rp100 rupiahs in 2007 Rp204.5 rupiahs in 2023
Rp500 rupiahs in 2007 Rp1,022.51 rupiahs in 2023
Rp1,000 rupiahs in 2007 Rp2,045.03 rupiahs in 2023
Rp5,000 rupiahs in 2007 Rp10,225.13 rupiahs in 2023
Rp10,000 rupiahs in 2007 Rp20,450.27 rupiahs in 2023
Rp50,000 rupiahs in 2007 Rp102,251.33 rupiahs in 2023
Rp100,000 rupiahs in 2007 Rp204,502.66 rupiahs in 2023
Rp500,000 rupiahs in 2007 Rp1,022,513.31 rupiahs in 2023
Rp1,000,000 rupiahs in 2007 Rp2,045,026.61 rupiahs in 2023
Cumulative inflation From 2007 107.88%
Avg. annual inflation From 2007 4.4%
CPI 2007 62.48
CPI today 129.89

Value of Rupiah over time (by year)

Period Value
2007 100
2008 110.23
2009 115.06
2010 120.97
2011 127.45
2012 132.9
2013 141.42
2014 150.47
2015 160.04
2016 165.69
2017 172
2018 177.5
2019 182.88
2020 186.39
2021 189.3
2022 197.26
2023 204.5
2024-01 207.18
Today 207.88

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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