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Inflation calculator - Japanese Yen

¥1 in 1956
¥6.02 in 2022

Official annual inflation data for 2022 is yet to be published. This calculation used data up to 2022-04.

The inflation rate in Japan between 1956 and 2022 was 501.69%, which translates into a total increase of ¥5.02. This means that 1 yen in 1956 are equivalent to 6.02 yen in 2022. In other words, the purchasing power of ¥1 in 1956 equals ¥6.02 in 2022. The average annual inflation rate between these periods was 2.76%.

Inflation timeline in Japan (1956 - 2022)

The following chart depicts the equivalence of ¥1 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 1956 to 2022 501.69%
Avg. Annual inflation from 1956 to 2022 2.76%
CPI 1956 17.07
CPI 2022 102.72

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 1956 and 2022, use the corresponding CPI values:

Value2022
=Value1956 ×
CPI2022/CPI1956
=¥ 1 ×
102.72/17.07
¥6.02

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 is ¥1 worth today. There are 66 years between 1956 and 2022 and the average inflation rate was 2.7563%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=¥1 × (1 + 0.027563)66
¥6.02

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1956 ¥6.02 yen in 2022
¥5 yen in 1956 ¥30.08 yen in 2022
¥10 yen in 1956 ¥60.17 yen in 2022
¥50 yen in 1956 ¥300.84 yen in 2022
¥100 yen in 1956 ¥601.69 yen in 2022
¥500 yen in 1956 ¥3,008.43 yen in 2022
¥1,000 yen in 1956 ¥6,016.85 yen in 2022
¥5,000 yen in 1956 ¥30,084.27 yen in 2022
¥10,000 yen in 1956 ¥60,168.54 yen in 2022
¥50,000 yen in 1956 ¥300,842.72 yen in 2022
¥100,000 yen in 1956 ¥601,685.45 yen in 2022
¥500,000 yen in 1956 ¥3,008,427.25 yen in 2022
¥1,000,000 yen in 1956 ¥6,016,854.49 yen in 2022
Cumulative inflation 1956-2022 501.69%
Avg. annual inflation 1956-2022 2.76%
CPI 1956 17.07
CPI 2022 102.72

Value of Yen over time (by year)

Period Value
1956 1
1957 1.03
1958 1.03
1959 1.04
1960 1.07
1961 1.13
1962 1.21
1963 1.29
1964 1.34
1965 1.43
1966 1.5
1967 1.56
1968 1.64
1969 1.73
1970 1.85
1971 1.96
1972 2.06
1973 2.3
1974 2.83
1975 3.17
1976 3.46
1977 3.74
1978 3.9
1979 4.05
1980 4.36
1981 4.58
1982 4.7
1983 4.79
1984 4.9
1985 5
1986 5.03
1987 5.04
1988 5.07
1989 5.18
1990 5.34
1991 5.52
1992 5.61
1993 5.68
1994 5.72
1995 5.72
1996 5.73
1997 5.82
1998 5.86
1999 5.84
2000 5.8
2001 5.76
2002 5.71
2003 5.69
2004 5.69
2005 5.68
2006 5.69
2007 5.69
2008 5.77
2009 5.7
2010 5.65
2011 5.64
2012 5.64
2013 5.66
2014 5.81
2015 5.86
2016 5.85
2017 5.88
2018 5.94
2019 5.96
2020 5.96
2021 5.95
2022 6.02

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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