Value of 1985 Israeli New Shekels today

₪100 in 1985
₪1,033.78 in 2022

The inflation rate in Israel between 1985 and today has been 933.78%, which translates into a total increase of ₪933.78. This means that 100 new shekels in 1985 are equivalent to 1,033.78 new shekels in 2022. In other words, the purchasing power of ₪100 in 1985 equals ₪1,033.78 today. The average annual inflation rate between these periods has been 6.52%.

Inflation timeline in Israel (1985 - 2022)

The following chart depicts the equivalence of ₪100 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 (ILS) 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 1985-2021 871.59%
Cumulative inflation 1985-today 933.78%
Avg. Annual inflation 1985-2021 6.52%
CPI 1985 10.53
CPI 2021 102.27
CPI 2022-10 (latest official data) 108.47
CPI today 108.81

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 1985 and 2021, use the corresponding CPI values:

Value2021
=Value1985 ×
CPI2021/CPI1985
=₪ 100 ×
102.27/10.53
₪971.59

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 108.81:

Valuetoday
=Value1985 ×
CPItoday/CPI1985
=₪ 100 ×
108.81/10.53
₪1,033.78

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 ₪100 worth today. There are 36 years between 1985 and 2021 and the average inflation rate was 6.5197%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=₪100 × (1 + 0.065197)36
₪971.59

Israel inflation - Conversion table

Initial Value Equivalent value
₪1 new shekel in 1985 ₪9.72 new shekels in 2021
₪5 new shekels in 1985 ₪48.58 new shekels in 2021
₪10 new shekels in 1985 ₪97.16 new shekels in 2021
₪50 new shekels in 1985 ₪485.79 new shekels in 2021
₪100 new shekels in 1985 ₪971.59 new shekels in 2021
₪500 new shekels in 1985 ₪4,857.94 new shekels in 2021
₪1,000 new shekels in 1985 ₪9,715.88 new shekels in 2021
₪5,000 new shekels in 1985 ₪48,579.4 new shekels in 2021
₪10,000 new shekels in 1985 ₪97,158.81 new shekels in 2021
₪50,000 new shekels in 1985 ₪485,794.05 new shekels in 2021
₪100,000 new shekels in 1985 ₪971,588.1 new shekels in 2021
₪500,000 new shekels in 1985 ₪4,857,940.48 new shekels in 2021
₪1,000,000 new shekels in 1985 ₪9,715,880.97 new shekels in 2021
Cumulative inflation From 1985 933.78%
Avg. annual inflation From 1985 6.52%
CPI 1985 10.53
CPI today 108.81

Value of New Shekel over time (by year)

Period Value
1985 100
1986 147.96
1987 176.22
1988 205.19
1989 246.85
1990 289.47
1991 344.53
1992 385.95
1993 428.33
1994 480.93
1995 528.73
1996 588.99
1997 641.74
1998 677.02
1999 712.05
2000 719.55
2001 727.85
2002 769.75
2003 775.34
2004 772.15
2005 782.28
2006 798.4
2007 802.08
2008 838.63
2009 866.64
2010 890.18
2011 921.15
2012 936.71
2013 951.48
2014 956.11
2015 950.04
2016 944.85
2017 947.17
2018 954.91
2019 962.97
2020 957.3
2021 971.59
2022-10 1,030.49
Today 1,033.78

All available years

Today's value of israeli new shekels by year:

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: