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# Inflation calculator - Japanese Yen

This tool is useful to calculate the time value of money based on historical inflation and CPI values. To start, select an amount and two years, or browse the default calculation results.

¥100 in 1955
¥632.15 in 2023

The inflation rate in Japan between 1955 and 2023 was 532.15%, which translates into a total increase of ¥532.15. This means that 100 yen in 1955 are equivalent to 632.15 yen in 2023. In other words, the purchasing power of ¥100 in 1955 equals ¥632.15 in 2023. The average annual inflation rate between these periods was 2.75%.

## Inflation timeline in Japan (1955 - 2023)

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 (JPY) 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.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 1955 to 2023 532.15%
Avg. Annual inflation from 1955 to 2023 2.75%
CPI 1955 16.7
CPI 2023 105.56

## How to calculate the time value of money with inflation data?

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 1955 and 2023, use the corresponding CPI values:

Value2023
=Value1955 ×
CPI2023/CPI1955
=¥ 100 ×
105.56/16.7
¥632.15

### 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 68 years between 1955 and 2023 and the average inflation rate was 2.7488%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=¥100 × (1 + 0.027488)68
¥632.15

## Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1955 ¥6.32 yen in 2023
¥5 yen in 1955 ¥31.61 yen in 2023
¥10 yen in 1955 ¥63.22 yen in 2023
¥50 yen in 1955 ¥316.08 yen in 2023
¥100 yen in 1955 ¥632.15 yen in 2023
¥500 yen in 1955 ¥3,160.77 yen in 2023
¥1,000 yen in 1955 ¥6,321.54 yen in 2023
¥5,000 yen in 1955 ¥31,607.68 yen in 2023
¥10,000 yen in 1955 ¥63,215.36 yen in 2023
¥50,000 yen in 1955 ¥316,076.78 yen in 2023
¥100,000 yen in 1955 ¥632,153.57 yen in 2023
¥500,000 yen in 1955 ¥3,160,767.83 yen in 2023
¥1,000,000 yen in 1955 ¥6,321,535.66 yen in 2023
 Cumulative inflation 1955-2023 532.15% Avg. annual inflation 1955-2023 2.75% CPI 1955 16.7 CPI 2023 105.56

### Value of Yen over time (by year)

Period Value
1955 100
1956 100.4
1957 103.51
1958 103.01
1959 104.13
1960 107.85
1961 113.64
1962 121.41
1963 129.55
1964 134.47
1965 143.42
1966 150.65
1967 156.66
1968 165.03
1969 173.69
1970 185.44
1971 197.26
1972 206.84
1973 230.84
1974 284.42
1975 317.8
1976 347.63
1977 375.97
1978 391.73
1979 406.35
1980 437.93
1981 459.53
1982 472.16
1983 481.04
1984 491.86
1985 501.89
1986 504.93
1987 505.58
1988 508.88
1989 520.55
1990 536.51
1991 554.08
1992 563.65
1993 570.74
1994 574.68
1995 574.18
1996 574.98
1997 584.76
1998 588.55
1999 586.5
2000 582.46
2001 578.42
2002 573.23
2003 571.74
2004 571.69
2005 570.04
2006 571.49
2007 571.74
2008 579.62
2009 571.89
2010 567.65
2011 566.1
2012 565.85
2013 567.75
2014 583.41
2015 588.05
2016 587.3
2017 590.15
2018 595.98
2019 598.78
2020 598.63
2021 597.23
2022 612.15
2023 632.15

All available years

Today's value of japanese yen by year:

1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 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 | 2023 |

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