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Value of 1962 Japanese Yen today

¥100 in 1962
¥499.31 in 2022

The inflation rate in Japan between 1962 and today has been 399.31%, which translates into a total increase of ¥399.31. This means that 100 yen in 1962 are equivalent to 499.31 yen in 2022. In other words, the purchasing power of ¥100 in 1962 equals ¥499.31 today. The average annual inflation rate between these periods has been 2.72%.

Inflation timeline in Japan (1962 - 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 1962-2021 391.93%
Cumulative inflation 1962-today 399.31%
Avg. Annual inflation 1962-2021 2.74%
CPI 1962 20.65
CPI 2021 101.56
CPI 2022-03 (latest official data) 102.93
CPI today 103.09

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 1962 and 2021, use the corresponding CPI values:

Value2021
=Value1962 ×
CPI2021/CPI1962
=¥ 100 ×
101.56/20.65
¥491.93

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 103.09:

Valuetoday
=Value1962 ×
CPItoday/CPI1962
=¥ 100 ×
103.09/20.65
¥499.31

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 59 years between 1962 and 2021 and the average inflation rate was 2.7371%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=¥100 × (1 + 0.027371)59
¥491.93

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1962 ¥4.92 yen in 2021
¥5 yen in 1962 ¥24.6 yen in 2021
¥10 yen in 1962 ¥49.19 yen in 2021
¥50 yen in 1962 ¥245.96 yen in 2021
¥100 yen in 1962 ¥491.93 yen in 2021
¥500 yen in 1962 ¥2,459.64 yen in 2021
¥1,000 yen in 1962 ¥4,919.28 yen in 2021
¥5,000 yen in 1962 ¥24,596.39 yen in 2021
¥10,000 yen in 1962 ¥49,192.78 yen in 2021
¥50,000 yen in 1962 ¥245,963.89 yen in 2021
¥100,000 yen in 1962 ¥491,927.78 yen in 2021
¥500,000 yen in 1962 ¥2,459,638.92 yen in 2021
¥1,000,000 yen in 1962 ¥4,919,277.85 yen in 2021
Cumulative inflation From 1962 399.31%
Avg. annual inflation From 1962 2.72%
CPI 1962 20.65
CPI today 103.09

Value of Yen over time (by year)

Period Value
1962 100
1963 106.71
1964 110.76
1965 118.13
1966 124.09
1967 129.04
1968 135.93
1969 143.07
1970 152.74
1971 162.48
1972 170.37
1973 190.14
1974 234.27
1975 261.76
1976 286.34
1977 309.68
1978 322.66
1979 334.7
1980 360.72
1981 378.51
1982 388.91
1983 396.22
1984 405.14
1985 413.4
1986 415.91
1987 416.44
1988 419.15
1989 428.77
1990 441.92
1991 456.38
1992 464.27
1993 470.11
1994 473.35
1995 472.94
1996 473.6
1997 481.65
1998 484.78
1999 483.09
2000 479.76
2001 476.44
2002 472.16
2003 470.93
2004 470.89
2005 469.53
2006 470.72
2007 470.93
2008 477.42
2009 471.05
2010 467.56
2011 466.29
2012 466.08
2013 467.64
2014 480.55
2015 484.37
2016 483.75
2017 486.09
2018 490.9
2019 493.2
2020 493.08
2021 491.93
2022-03 498.54
Today 499.31

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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