¥

Value of 1958 Japanese Yen today

¥6 in 1958
¥35.63 in 2022

The inflation rate in Japan between 1958 and today has been 493.89%, which translates into a total increase of ¥29.63. This means that 6 yen in 1958 are equivalent to 35.63 yen in 2022. In other words, the purchasing power of ¥6 in 1958 equals ¥35.63 today. The average annual inflation rate between these periods has been 2.82%.

Inflation timeline in Japan (1958 - 2022)

The following chart depicts the equivalence of ¥6 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 493.89%
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 104.03

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
=¥ 6 ×
101.56/17.52
¥34.79

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 104.03:

Valuetoday
=Value1958 ×
CPItoday/CPI1958
=¥ 6 ×
104.03/17.52
¥35.63

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 ¥6 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
=¥6 × (1 + 0.028289)63
¥34.79

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 493.89%
Avg. annual inflation From 1958 2.82%
CPI 1958 17.52
CPI today 104.03

Value of Yen over time (by year)

Period Value
1958 6
1959 6.06
1960 6.28
1961 6.62
1962 7.07
1963 7.55
1964 7.83
1965 8.35
1966 8.77
1967 9.12
1968 9.61
1969 10.12
1970 10.8
1971 11.49
1972 12.05
1973 13.45
1974 16.57
1975 18.51
1976 20.25
1977 21.9
1978 22.82
1979 23.67
1980 25.51
1981 26.77
1982 27.5
1983 28.02
1984 28.65
1985 29.23
1986 29.41
1987 29.45
1988 29.64
1989 30.32
1990 31.25
1991 32.27
1992 32.83
1993 33.24
1994 33.47
1995 33.44
1996 33.49
1997 34.06
1998 34.28
1999 34.16
2000 33.93
2001 33.69
2002 33.39
2003 33.3
2004 33.3
2005 33.2
2006 33.29
2007 33.3
2008 33.76
2009 33.31
2010 33.06
2011 32.97
2012 32.96
2013 33.07
2014 33.98
2015 34.25
2016 34.21
2017 34.37
2018 34.71
2019 34.88
2020 34.87
2021 34.79
2022-04 35.39
Today 35.63

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 |

Other currencies: