Rp

Value of 2013 Indonesian Rupiahs today

Rp100 in 2013
Rp143.91 in 2023

The inflation rate in Indonesia between 2013 and today has been 43.91%, which translates into a total increase of Rp43.91. This means that 100 rupiahs in 2013 are equivalent to 143.91 rupiahs in 2023. In other words, the purchasing power of Rp100 in 2013 equals Rp143.91 today. The average annual inflation rate between these periods has been 3.71%.

Inflation timeline in Indonesia (2013 - 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 2013-2022 39.48%
Cumulative inflation 2013-today 43.91%
Avg. Annual inflation 2013-2022 3.77%
CPI 2013 88.37
CPI 2022 123.26
CPI 2023-02 (latest official data) 126.73
CPI today 127.17

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 2013 and 2022, use the corresponding CPI values:

Value2022
=Value2013 ×
CPI2022/CPI2013
=Rp 100 ×
123.26/88.37
Rp139.48

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 127.17:

Valuetoday
=Value2013 ×
CPItoday/CPI2013
=Rp 100 ×
127.17/88.37
Rp143.91

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 2013 and 2022 and the average inflation rate was 3.7668%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=Rp100 × (1 + 0.037668)9
Rp139.48

Indonesia inflation - Conversion table

Initial Value Equivalent value
Rp1 rupiah in 2013 Rp1.39 rupiahs in 2022
Rp5 rupiahs in 2013 Rp6.97 rupiahs in 2022
Rp10 rupiahs in 2013 Rp13.95 rupiahs in 2022
Rp50 rupiahs in 2013 Rp69.74 rupiahs in 2022
Rp100 rupiahs in 2013 Rp139.48 rupiahs in 2022
Rp500 rupiahs in 2013 Rp697.42 rupiahs in 2022
Rp1,000 rupiahs in 2013 Rp1,394.85 rupiahs in 2022
Rp5,000 rupiahs in 2013 Rp6,974.25 rupiahs in 2022
Rp10,000 rupiahs in 2013 Rp13,948.5 rupiahs in 2022
Rp50,000 rupiahs in 2013 Rp69,742.49 rupiahs in 2022
Rp100,000 rupiahs in 2013 Rp139,484.99 rupiahs in 2022
Rp500,000 rupiahs in 2013 Rp697,424.94 rupiahs in 2022
Rp1,000,000 rupiahs in 2013 Rp1,394,849.88 rupiahs in 2022
Cumulative inflation From 2013 43.91%
Avg. annual inflation From 2013 3.71%
CPI 2013 88.37
CPI today 127.17

Value of Rupiah over time (by year)

Period Value
2013 100
2014 106.39
2015 113.16
2016 117.15
2017 121.62
2018 125.51
2019 129.31
2020 131.79
2021 133.85
2022 139.48
2023-02 143.41
Today 143.91

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: