Rp

Value of 2014 Indonesian Ruphias today

Rp100 in 2014
Rp130.75 in 2022

The inflation rate in Indonesia between 2014 and today has been 30.75%, which translates into a total increase of Rp30.75. This means that 100 ruphias in 2014 are equivalent to 130.75 ruphias in 2022. In other words, the purchasing power of Rp100 in 2014 equals Rp130.75 today. The average annual inflation rate between these periods has been 3.41%.

Inflation timeline in Indonesia (2014 - 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 2014-2021 25.81%
Cumulative inflation 2014-today 30.75%
Avg. Annual inflation 2014-2021 3.33%
CPI 2014 94.02
CPI 2021 118.28
CPI 2022-05 (latest official data) 122.58
CPI today 122.93

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 2014 and 2021, use the corresponding CPI values:

Value2021
=Value2014 ×
CPI2021/CPI2014
=Rp 100 ×
118.28/94.02
Rp125.81

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 122.93:

Valuetoday
=Value2014 ×
CPItoday/CPI2014
=Rp 100 ×
122.93/94.02
Rp130.75

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 7 years between 2014 and 2021 and the average inflation rate was 3.3339%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=Rp100 × (1 + 0.033339)7
Rp125.81

Indonesia inflation - Conversion table

Initial Value Equivalent value
Rp1 ruphia in 2014 Rp1.26 ruphias in 2021
Rp5 ruphias in 2014 Rp6.29 ruphias in 2021
Rp10 ruphias in 2014 Rp12.58 ruphias in 2021
Rp50 ruphias in 2014 Rp62.9 ruphias in 2021
Rp100 ruphias in 2014 Rp125.81 ruphias in 2021
Rp500 ruphias in 2014 Rp629.03 ruphias in 2021
Rp1,000 ruphias in 2014 Rp1,258.05 ruphias in 2021
Rp5,000 ruphias in 2014 Rp6,290.27 ruphias in 2021
Rp10,000 ruphias in 2014 Rp12,580.54 ruphias in 2021
Rp50,000 ruphias in 2014 Rp62,902.72 ruphias in 2021
Rp100,000 ruphias in 2014 Rp125,805.45 ruphias in 2021
Rp500,000 ruphias in 2014 Rp629,027.24 ruphias in 2021
Rp1,000,000 ruphias in 2014 Rp1,258,054.48 ruphias in 2021
Cumulative inflation From 2014 30.75%
Avg. annual inflation From 2014 3.41%
CPI 2014 94.02
CPI today 122.93

Value of Ruphia over time (by year)

Period Value
2014 100
2015 106.36
2016 110.11
2017 114.31
2018 117.96
2019 121.54
2020 123.87
2021 125.81
2022-05 130.38
Today 130.75

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: