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Value of 1958 Japanese Yen today

¥35 in 1958
¥218.91 in 2024

The inflation rate in Japan between 1958 and today has been 525.46%, which translates into a total increase of ¥183.91. This means that 35 yen in 1958 are equivalent to 218.91 yen in 2024. In other words, the purchasing power of ¥35 in 1958 equals ¥218.91 today. The average annual inflation rate between these periods has been 2.82%.

Inflation timeline in Japan (1958 - 2024)

The following chart depicts the equivalence of ¥35 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 1958-2023 513.67%
Cumulative inflation 1958-today 525.46%
Avg. Annual inflation 1958-2023 2.83%
CPI 1958 17.2
CPI 2023 105.56
CPI 2024-03 (latest official data) 107.17
CPI today 107.59

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 2023, use the corresponding CPI values:

Value2023
=Value1958 ×
CPI2023/CPI1958
=¥ 35 ×
105.56/17.2
¥214.78

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 107.59:

Valuetoday
=Value1958 ×
CPItoday/CPI1958
=¥ 35 ×
107.59/17.2
¥218.91

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 ¥35 worth today. There are 65 years between 1958 and 2023 and the average inflation rate was 2.8305%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=¥35 × (1 + 0.028305)65
¥214.78

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1958 ¥6.14 yen in 2023
¥5 yen in 1958 ¥30.68 yen in 2023
¥10 yen in 1958 ¥61.37 yen in 2023
¥50 yen in 1958 ¥306.84 yen in 2023
¥100 yen in 1958 ¥613.67 yen in 2023
¥500 yen in 1958 ¥3,068.35 yen in 2023
¥1,000 yen in 1958 ¥6,136.71 yen in 2023
¥5,000 yen in 1958 ¥30,683.55 yen in 2023
¥10,000 yen in 1958 ¥61,367.09 yen in 2023
¥50,000 yen in 1958 ¥306,835.45 yen in 2023
¥100,000 yen in 1958 ¥613,670.9 yen in 2023
¥500,000 yen in 1958 ¥3,068,354.5 yen in 2023
¥1,000,000 yen in 1958 ¥6,136,709.01 yen in 2023
Cumulative inflation From 1958 525.46%
Avg. annual inflation From 1958 2.82%
CPI 1958 17.2
CPI today 107.59

Value of Yen over time (by year)

Period Value
1958 35
1959 35.38
1960 36.64
1961 38.61
1962 41.25
1963 44.02
1964 45.69
1965 48.73
1966 51.19
1967 53.23
1968 56.07
1969 59.01
1970 63.01
1971 67.02
1972 70.28
1973 78.43
1974 96.64
1975 107.98
1976 118.11
1977 127.74
1978 133.1
1979 138.07
1980 148.79
1981 156.13
1982 160.42
1983 163.44
1984 167.12
1985 170.53
1986 171.56
1987 171.78
1988 172.9
1989 176.87
1990 182.29
1991 188.26
1992 191.51
1993 193.92
1994 195.26
1995 195.09
1996 195.36
1997 198.68
1998 199.97
1999 199.27
2000 197.9
2001 196.53
2002 194.77
2003 194.26
2004 194.24
2005 193.68
2006 194.17
2007 194.26
2008 196.94
2009 194.31
2010 192.87
2011 192.34
2012 192.26
2013 192.9
2014 198.22
2015 199.8
2016 199.55
2017 200.51
2018 202.5
2019 203.44
2020 203.39
2021 202.92
2022 207.99
2023 214.78
2024-03 218.06
Today 218.91

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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