Rp

Value of 2007 Indonesian Ruphias today

Rp100 in 2007
Rp196.72 in 2022

The inflation rate in Indonesia between 2007 and today has been 96.72%, which translates into a total increase of Rp96.72. This means that 100 ruphias in 2007 are equivalent to 196.72 ruphias in 2022. In other words, the purchasing power of Rp100 in 2007 equals Rp196.72 today. The average annual inflation rate between these periods has been 4.61%.

Inflation timeline in Indonesia (2007 - 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 2007-2021 89.3%
Cumulative inflation 2007-today 96.72%
Avg. Annual inflation 2007-2021 4.66%
CPI 2007 62.48
CPI 2021 118.28
CPI 2022-05 (latest official data) 122.58
CPI today 122.91

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 2021, use the corresponding CPI values:

Value2021
=Value2007 ×
CPI2021/CPI2007
=Rp 100 ×
118.28/62.48
Rp189.3

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 122.91:

Valuetoday
=Value2007 ×
CPItoday/CPI2007
=Rp 100 ×
122.91/62.48
Rp196.72

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 14 years between 2007 and 2021 and the average inflation rate was 4.6637%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=Rp100 × (1 + 0.046637)14
Rp189.3

Indonesia inflation - Conversion table

Initial Value Equivalent value
Rp1 ruphia in 2007 Rp1.89 ruphias in 2021
Rp5 ruphias in 2007 Rp9.46 ruphias in 2021
Rp10 ruphias in 2007 Rp18.93 ruphias in 2021
Rp50 ruphias in 2007 Rp94.65 ruphias in 2021
Rp100 ruphias in 2007 Rp189.3 ruphias in 2021
Rp500 ruphias in 2007 Rp946.49 ruphias in 2021
Rp1,000 ruphias in 2007 Rp1,892.98 ruphias in 2021
Rp5,000 ruphias in 2007 Rp9,464.9 ruphias in 2021
Rp10,000 ruphias in 2007 Rp18,929.81 ruphias in 2021
Rp50,000 ruphias in 2007 Rp94,649.03 ruphias in 2021
Rp100,000 ruphias in 2007 Rp189,298.06 ruphias in 2021
Rp500,000 ruphias in 2007 Rp946,490.29 ruphias in 2021
Rp1,000,000 ruphias in 2007 Rp1,892,980.58 ruphias in 2021
Cumulative inflation From 2007 96.72%
Avg. annual inflation From 2007 4.61%
CPI 2007 62.48
CPI today 122.91

Value of Ruphia 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
2022-05 196.18
Today 196.72

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: