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Value of 1956 Japanese Yen today

¥100 in 1956
¥611.44 in 2022

The inflation rate in Japan between 1956 and today has been 511.44%, which translates into a total increase of ¥511.44. This means that 100 yen in 1956 are equivalent to 611.44 yen in 2022. In other words, the purchasing power of ¥100 in 1956 equals ¥611.44 today. The average annual inflation rate between these periods has been 2.78%.

Inflation timeline in Japan (1956 - 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 (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. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1956-2021 494.88%
Cumulative inflation 1956-today 511.44%
Avg. Annual inflation 1956-2021 2.78%
CPI 1956 17.07
CPI 2021 101.56
CPI 2022-04 (latest official data) 103.33
CPI today 104.39

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 1956 and 2021, use the corresponding CPI values:

Value2021
=Value1956 ×
CPI2021/CPI1956
=¥ 100 ×
101.56/17.07
¥594.88

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 104.39:

Valuetoday
=Value1956 ×
CPItoday/CPI1956
=¥ 100 ×
104.39/17.07
¥611.44

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 65 years between 1956 and 2021 and the average inflation rate was 2.7813%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=¥100 × (1 + 0.027813)65
¥594.88

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1956 ¥5.95 yen in 2021
¥5 yen in 1956 ¥29.74 yen in 2021
¥10 yen in 1956 ¥59.49 yen in 2021
¥50 yen in 1956 ¥297.44 yen in 2021
¥100 yen in 1956 ¥594.88 yen in 2021
¥500 yen in 1956 ¥2,974.39 yen in 2021
¥1,000 yen in 1956 ¥5,948.77 yen in 2021
¥5,000 yen in 1956 ¥29,743.86 yen in 2021
¥10,000 yen in 1956 ¥59,487.72 yen in 2021
¥50,000 yen in 1956 ¥297,438.59 yen in 2021
¥100,000 yen in 1956 ¥594,877.17 yen in 2021
¥500,000 yen in 1956 ¥2,974,385.86 yen in 2021
¥1,000,000 yen in 1956 ¥5,948,771.72 yen in 2021
Cumulative inflation From 1956 511.44%
Avg. annual inflation From 1956 2.78%
CPI 1956 17.07
CPI today 104.39

Value of Yen over time (by year)

Period Value
1956 100
1957 103.1
1958 102.61
1959 103.72
1960 107.42
1961 113.19
1962 120.93
1963 129.04
1964 133.94
1965 142.86
1966 150.06
1967 156.05
1968 164.38
1969 173.01
1970 184.71
1971 196.49
1972 206.03
1973 229.93
1974 283.3
1975 316.55
1976 346.26
1977 374.49
1978 390.19
1979 404.75
1980 436.21
1981 457.72
1982 470.3
1983 479.14
1984 489.93
1985 499.91
1986 502.94
1987 503.59
1988 506.87
1989 518.5
1990 534.4
1991 551.89
1992 561.43
1993 568.49
1994 572.42
1995 571.92
1996 572.71
1997 582.45
1998 586.23
1999 584.19
2000 580.17
2001 576.14
2002 570.98
2003 569.48
2004 569.43
2005 567.79
2006 569.24
2007 569.48
2008 577.34
2009 569.63
2010 565.41
2011 563.87
2012 563.62
2013 565.51
2014 581.11
2015 585.73
2016 584.99
2017 587.82
2018 593.63
2019 596.42
2020 596.27
2021 594.88
2022-04 605.26
Today 611.44

All available years

Today's value of japanese yen by year:

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 |

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