Value of 1958 Japanese Yen today

¥35 in 1958

¥202.45 in 2021

The inflation rate in Japan between 1958 and today has been 478.42%, which translates into a total increase of ¥167.45. This means that 35 yen in 1958 are equivalent to 202.45 yen in 2021. In other words, the purchasing power of ¥35 in 1958 equals ¥202.45 today. The average annual inflation rate has been 2.78%.

Inflation timeline in Japan (1958-2021)

The following chart depicts the equivalence of ¥35 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1958-2021) 478.53%
Total Inflation* 478.42%
Annual inflation avg. (1958-2021) 2.83%
Annual inflation avg.* 2.78%
CPI 1958 17.48
CPI 2021 101.1
CPI today* 101.08
¥1 in 1958 ¥5.79 in 2021

* 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 with 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 ¥35 worth today. There are 63 years between 1958 and 2021 and the average inflation rate has been 2.7803%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = ¥35 * (1 + 0.03)63 = ¥202.49

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 1958 was 17.48 and the CPI today is 101.08. Therefore,

Final value = Initial value *
CPI final/CPI initial
= ¥35 *
101.1/17.48
= ¥202.49

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1958 ¥5.78 yen today
¥5 yen in 1958 ¥28.92 yen today
¥10 yen in 1958 ¥57.84 yen today
¥50 yen in 1958 ¥289.21 yen today
¥100 yen in 1958 ¥578.42 yen today
¥500 yen in 1958 ¥2,892.1 yen today
¥1,000 yen in 1958 ¥5,784.2 yen today
¥5,000 yen in 1958 ¥28,921 yen today
¥10,000 yen in 1958 ¥57,842.01 yen today
¥50,000 yen in 1958 ¥289,210.03 yen today
¥100,000 yen in 1958 ¥578,420.05 yen today
¥500,000 yen in 1958 ¥2,892,100.26 yen today
¥1,000,000 yen in 1958 ¥5,784,200.53 yen today

Value of Yen over time (by year)

Period Value
1958 35
1959 35.07
1960 35.81
1961 37.09
1962 40.43
1963 42.41
1964 44.67
1965 46.77
1966 49.79
1967 51.98
1968 54.91
1969 57.05
1970 60.71
1971 65.09
1972 68.3
1973 72.1
1974 85.32
1975 103.35
1976 111.36
1977 123.17
1978 129.38
1979 134.39
1980 142
1981 152.22
1982 158.82
1983 162.03
1984 164.83
1985 169.24
1986 171.64
1987 171.04
1988 172.44
1989 174.25
1990 178.85
1991 185.46
1992 190.47
1993 192.67
1994 194.68
1995 195.88
1996 195.08
1997 196.28
1998 199.88
1999 201.08
2000 198.88
2001 198.08
2002 195.68
2003 195.08
2004 194.27
2005 194.68
2006 193.87
2007 194.48
2008 195.88
2009 196.68
2010 193.27
2011 192.67
2012 192.27
2013 191.87
2014 195.08
2015 199.68
2016 199.88
2017 200.48
2018 202.69
2019 203.29
2020 204.89
2021 202.49
Today 202.45