Rp

Value of 2012 Indonesian Ruphias today

Rp100 in 2012
Rp146.14 in 2022

The inflation rate in Indonesia between 2012 and today has been 46.14%, which translates into a total increase of Rp46.14. This means that 100 ruphias in 2012 are equivalent to 146.14 ruphias in 2022. In other words, the purchasing power of Rp100 in 2012 equals Rp146.14 today. The average annual inflation rate between these periods has been 3.87%.

Inflation timeline in Indonesia (2012 - 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 2012-2021 42.43%
Cumulative inflation 2012-today 46.14%
Avg. Annual inflation 2012-2021 4.01%
CPI 2012 83.04
CPI 2021 118.28
CPI 2022-03 (latest official data) 120.95
CPI today 121.36

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 2012 and 2021, use the corresponding CPI values:

Value2021
=Value2012 ×
CPI2021/CPI2012
=Rp 100 ×
118.28/83.04
Rp142.43

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 121.36:

Valuetoday
=Value2012 ×
CPItoday/CPI2012
=Rp 100 ×
121.36/83.04
Rp146.14

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 9 years between 2012 and 2021 and the average inflation rate was 4.0083%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=Rp100 × (1 + 0.040083)9
Rp142.43

Indonesia inflation - Conversion table

Initial Value Equivalent value
Rp1 ruphia in 2012 Rp1.42 ruphias in 2021
Rp5 ruphias in 2012 Rp7.12 ruphias in 2021
Rp10 ruphias in 2012 Rp14.24 ruphias in 2021
Rp50 ruphias in 2012 Rp71.22 ruphias in 2021
Rp100 ruphias in 2012 Rp142.43 ruphias in 2021
Rp500 ruphias in 2012 Rp712.17 ruphias in 2021
Rp1,000 ruphias in 2012 Rp1,424.34 ruphias in 2021
Rp5,000 ruphias in 2012 Rp7,121.69 ruphias in 2021
Rp10,000 ruphias in 2012 Rp14,243.38 ruphias in 2021
Rp50,000 ruphias in 2012 Rp71,216.9 ruphias in 2021
Rp100,000 ruphias in 2012 Rp142,433.79 ruphias in 2021
Rp500,000 ruphias in 2012 Rp712,168.96 ruphias in 2021
Rp1,000,000 ruphias in 2012 Rp1,424,337.92 ruphias in 2021
Cumulative inflation From 2012 46.14%
Avg. annual inflation From 2012 3.87%
CPI 2012 83.04
CPI today 121.36

Value of Ruphia over time (by year)

Period Value
2012 100
2013 106.41
2014 113.22
2015 120.42
2016 124.67
2017 129.42
2018 133.55
2019 137.6
2020 140.25
2021 142.43
2022-03 145.65
Today 146.14

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: