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Value of 1958 Japanese Yen today

¥100 in 1958
¥595.95 in 2022

The inflation rate in Japan between 1958 and today has been 495.95%, which translates into a total increase of ¥495.95. This means that 100 yen in 1958 are equivalent to 595.95 yen in 2022. In other words, the purchasing power of ¥100 in 1958 equals ¥595.95 today. The average annual inflation rate between these periods has been 2.83%.

Inflation timeline in Japan (1958 - 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 1958-2021 479.77%
Cumulative inflation 1958-today 495.95%
Avg. Annual inflation 1958-2021 2.83%
CPI 1958 17.52
CPI 2021 101.56
CPI 2022-04 (latest official data) 103.33
CPI today 104.4

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 1958 and 2021, use the corresponding CPI values:

Value2021
=Value1958 ×
CPI2021/CPI1958
=¥ 100 ×
101.56/17.52
¥579.77

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 104.4:

Valuetoday
=Value1958 ×
CPItoday/CPI1958
=¥ 100 ×
104.4/17.52
¥595.95

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 63 years between 1958 and 2021 and the average inflation rate was 2.8289%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=¥100 × (1 + 0.028289)63
¥579.77

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1958 ¥5.8 yen in 2021
¥5 yen in 1958 ¥28.99 yen in 2021
¥10 yen in 1958 ¥57.98 yen in 2021
¥50 yen in 1958 ¥289.88 yen in 2021
¥100 yen in 1958 ¥579.77 yen in 2021
¥500 yen in 1958 ¥2,898.84 yen in 2021
¥1,000 yen in 1958 ¥5,797.69 yen in 2021
¥5,000 yen in 1958 ¥28,988.44 yen in 2021
¥10,000 yen in 1958 ¥57,976.88 yen in 2021
¥50,000 yen in 1958 ¥289,884.4 yen in 2021
¥100,000 yen in 1958 ¥579,768.8 yen in 2021
¥500,000 yen in 1958 ¥2,898,844.01 yen in 2021
¥1,000,000 yen in 1958 ¥5,797,688.03 yen in 2021
Cumulative inflation From 1958 495.95%
Avg. annual inflation From 1958 2.83%
CPI 1958 17.52
CPI today 104.4

Value of Yen over time (by year)

Period Value
1958 100
1959 101.08
1960 104.7
1961 110.32
1962 117.86
1963 125.76
1964 130.54
1965 139.23
1966 146.25
1967 152.08
1968 160.2
1969 168.61
1970 180.02
1971 191.5
1972 200.8
1973 224.09
1974 276.11
1975 308.51
1976 337.47
1977 364.98
1978 380.28
1979 394.47
1980 425.13
1981 446.1
1982 458.35
1983 466.97
1984 477.48
1985 487.22
1986 490.17
1987 490.8
1988 494
1989 505.33
1990 520.83
1991 537.88
1992 547.17
1993 554.05
1994 557.88
1995 557.39
1996 558.17
1997 567.66
1998 571.34
1999 569.36
2000 565.43
2001 561.51
2002 556.47
2003 555.02
2004 554.97
2005 553.37
2006 554.78
2007 555.02
2008 562.67
2009 555.17
2010 551.05
2011 549.55
2012 549.31
2013 551.15
2014 566.35
2015 570.86
2016 570.13
2017 572.89
2018 578.56
2019 581.27
2020 581.13
2021 579.77
2022-04 589.89
Today 595.95

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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