Value of 1957 Japanese Yen today

¥100 in 1957

¥592.53 in 2018

The inflation rate in Japan between 1957 and today has been 492.53%, which translates into a total increase of ¥492.53. This means that 100 yen in 1957 are equivalent to 592.53 yen in 2018. In other words, the purchasing power of ¥100 in 1957 equals ¥592.53 today. The average annual inflation rate has been 2.91%.

Inflation timeline in Japan (1957-2018)

The following chart ilustrates the equivalence of ¥100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1957-2018) 489.61%
Total Inflation* 492.53%
Annual inflation avg. (1957-2018) 2.95%
Annual inflation avg.* 2.91%
CPI 1957 17.16
CPI 2018 101.2
CPI today* 101.7
¥1 in 1957 ¥5.9 in 2018

* Values extrapolated from the last official data to obtain today's values.

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 compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 61 years between 1957 and 2018 and the average inflation rate has been 2.9113%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = ¥100 * (1 + 0.03)61 = ¥589.61

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1957 was 17.16 and the CPI today is 101.7. Therefore,

Final value = Initial value *
CPI final/CPI initial
= ¥100 *
101.2/17.16
= ¥589.61

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1957 ¥5.93 yen today
¥5 yen in 1957 ¥29.63 yen today
¥10 yen in 1957 ¥59.25 yen today
¥50 yen in 1957 ¥296.26 yen today
¥100 yen in 1957 ¥592.53 yen today
¥500 yen in 1957 ¥2,962.63 yen today
¥1,000 yen in 1957 ¥5,925.26 yen today
¥5,000 yen in 1957 ¥29,626.3 yen today
¥10,000 yen in 1957 ¥59,252.6 yen today
¥50,000 yen in 1957 ¥296,262.99 yen today
¥100,000 yen in 1957 ¥592,525.97 yen today
¥500,000 yen in 1957 ¥2,962,629.87 yen today
¥1,000,000 yen in 1957 ¥5,925,259.74 yen today

Value of Yen in time (by year)

Period Value
1957 100
1958 101.81
1959 102.03
1960 104.16
1961 107.9
1962 117.61
1963 123.37
1964 129.94
1965 136.04
1966 144.83
1967 151.22
1968 159.73
1969 165.97
1970 176.61
1971 189.35
1972 198.67
1973 209.74
1974 248.2
1975 300.63
1976 323.94
1977 358.31
1978 376.37
1979 390.94
1980 413.08
1981 442.79
1982 462.02
1983 471.34
1984 479.5
1985 492.31
1986 499.31
1987 497.56
1988 501.64
1989 506.88
1990 520.28
1991 539.51
1992 554.07
1993 560.48
1994 566.31
1995 569.8
1996 567.47
1997 570.97
1998 581.46
1999 584.95
2000 578.54
2001 576.21
2002 569.22
2003 567.47
2004 565.14
2005 566.31
2006 563.98
2007 565.72
2008 569.8
2009 572.13
2010 562.23
2011 560.48
2012 559.32
2013 558.15
2014 567.47
2015 580.87
2016 581.46
2017 583.2
2018 589.61
Today 592.53