Rp

Value of 2010 Indonesian Rupiahs today

Rp100 in 2010
Rp167.59 in 2023

The inflation rate in Indonesia between 2010 and today has been 67.59%, which translates into a total increase of Rp67.59. This means that 100 rupiahs in 2010 are equivalent to 167.59 rupiahs in 2023. In other words, the purchasing power of Rp100 in 2010 equals Rp167.59 today. The average annual inflation rate between these periods has been 4.05%.

Inflation timeline in Indonesia (2010 - 2023)

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 2010-2022 63.07%
Cumulative inflation 2010-today 67.59%
Avg. Annual inflation 2010-2022 4.16%
CPI 2010 75.59
CPI 2022 123.26
CPI 2022-12 (latest official data) 126.1
CPI today 126.67

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 2010 and 2022, use the corresponding CPI values:

Value2022
=Value2010 ×
CPI2022/CPI2010
=Rp 100 ×
123.26/75.59
Rp163.07

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 126.67:

Valuetoday
=Value2010 ×
CPItoday/CPI2010
=Rp 100 ×
126.67/75.59
Rp167.59

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 12 years between 2010 and 2022 and the average inflation rate was 4.1593%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=Rp100 × (1 + 0.041593)12
Rp163.07

Indonesia inflation - Conversion table

Initial Value Equivalent value
Rp1 rupiah in 2010 Rp1.63 rupiahs in 2022
Rp5 rupiahs in 2010 Rp8.15 rupiahs in 2022
Rp10 rupiahs in 2010 Rp16.31 rupiahs in 2022
Rp50 rupiahs in 2010 Rp81.54 rupiahs in 2022
Rp100 rupiahs in 2010 Rp163.07 rupiahs in 2022
Rp500 rupiahs in 2010 Rp815.36 rupiahs in 2022
Rp1,000 rupiahs in 2010 Rp1,630.72 rupiahs in 2022
Rp5,000 rupiahs in 2010 Rp8,153.58 rupiahs in 2022
Rp10,000 rupiahs in 2010 Rp16,307.17 rupiahs in 2022
Rp50,000 rupiahs in 2010 Rp81,535.85 rupiahs in 2022
Rp100,000 rupiahs in 2010 Rp163,071.7 rupiahs in 2022
Rp500,000 rupiahs in 2010 Rp815,358.48 rupiahs in 2022
Rp1,000,000 rupiahs in 2010 Rp1,630,716.96 rupiahs in 2022
Cumulative inflation From 2010 67.59%
Avg. annual inflation From 2010 4.05%
CPI 2010 75.59
CPI today 126.67

Value of Rupiah over time (by year)

Period Value
2010 100
2011 105.36
2012 109.86
2013 116.91
2014 124.39
2015 132.3
2016 136.97
2017 142.18
2018 146.73
2019 151.18
2020 154.08
2021 156.48
2022 163.07
2022-12 166.83
Today 167.59

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 |

Other currencies: