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Value of 1960 Japanese Yen today

¥100 in 1960
¥562.16 in 2022

The inflation rate in Japan between 1960 and today has been 462.16%, which translates into a total increase of ¥462.16. This means that 100 yen in 1960 are equivalent to 562.16 yen in 2022. In other words, the purchasing power of ¥100 in 1960 equals ¥562.16 today. The average annual inflation rate between these periods has been 2.82%.

Inflation timeline in Japan (1960 - 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 1960-2021 453.77%
Cumulative inflation 1960-today 462.16%
Avg. Annual inflation 1960-2021 2.85%
CPI 1960 18.34
CPI 2021 101.56
CPI 2022-03 (latest official data) 102.93
CPI today 103.1

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 1960 and 2021, use the corresponding CPI values:

Value2021
=Value1960 ×
CPI2021/CPI1960
=¥ 100 ×
101.56/18.34
¥553.77

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 103.1:

Valuetoday
=Value1960 ×
CPItoday/CPI1960
=¥ 100 ×
103.1/18.34
¥562.16

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 61 years between 1960 and 2021 and the average inflation rate was 2.8456%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=¥100 × (1 + 0.028456)61
¥553.77

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1960 ¥5.54 yen in 2021
¥5 yen in 1960 ¥27.69 yen in 2021
¥10 yen in 1960 ¥55.38 yen in 2021
¥50 yen in 1960 ¥276.88 yen in 2021
¥100 yen in 1960 ¥553.77 yen in 2021
¥500 yen in 1960 ¥2,768.84 yen in 2021
¥1,000 yen in 1960 ¥5,537.67 yen in 2021
¥5,000 yen in 1960 ¥27,688.36 yen in 2021
¥10,000 yen in 1960 ¥55,376.71 yen in 2021
¥50,000 yen in 1960 ¥276,883.56 yen in 2021
¥100,000 yen in 1960 ¥553,767.12 yen in 2021
¥500,000 yen in 1960 ¥2,768,835.58 yen in 2021
¥1,000,000 yen in 1960 ¥5,537,671.17 yen in 2021
Cumulative inflation From 1960 462.16%
Avg. annual inflation From 1960 2.82%
CPI 1960 18.34
CPI today 103.1

Value of Yen over time (by year)

Period Value
1960 100
1961 105.37
1962 112.57
1963 120.12
1964 124.69
1965 132.98
1966 139.69
1967 145.26
1968 153.02
1969 161.05
1970 171.94
1971 182.91
1972 191.79
1973 214.04
1974 263.72
1975 294.67
1976 322.33
1977 348.61
1978 363.23
1979 376.78
1980 406.06
1981 426.09
1982 437.8
1983 446.03
1984 456.07
1985 465.37
1986 468.19
1987 468.79
1988 471.84
1989 482.67
1990 497.47
1991 513.75
1992 522.63
1993 529.2
1994 532.86
1995 532.4
1996 533.14
1997 542.2
1998 545.72
1999 543.82
2000 540.07
2001 536.33
2002 531.52
2003 530.13
2004 530.08
2005 528.56
2006 529.9
2007 530.13
2008 537.44
2009 530.27
2010 526.34
2011 524.9
2012 524.67
2013 526.43
2014 540.95
2015 545.26
2016 544.56
2017 547.2
2018 552.61
2019 555.2
2020 555.06
2021 553.77
2022-03 561.22
Today 562.16

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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