Value of 1962 Japanese Yen today

¥100 in 1962

¥503.81 in 2018

The inflation rate in Japan between 1962 and today has been 403.81%, which translates into a total increase of ¥403.81. This means that 100 yen in 1962 are equivalent to 503.81 yen in 2018. In other words, the purchasing power of ¥100 in 1962 equals ¥503.81 today. The average annual inflation rate has been 2.88%.

Inflation timeline in Japan (1962-2018)

The following chart ilustrates the equivalence of ¥100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 (1962-2018) 401.33%
Total Inflation* 403.81%
Annual inflation avg. (1962-2018) 2.92%
Annual inflation avg.* 2.88%
CPI 1962 20.19
CPI 2018 101.2
CPI today* 101.7
¥1 in 1962 ¥5.01 in 2018

* 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 in 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 ¥100 worth today. There are 56 years between 1962 and 2018 and the average inflation rate has been 2.8775%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = ¥100 * (1 + 0.03)56 = ¥501.33

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 1962 was 20.19 and the CPI today is 101.7. Therefore,

Final value = Initial value *
CPI final/CPI initial
= ¥100 *
101.2/20.19
= ¥501.33

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1962 ¥5.04 yen today
¥5 yen in 1962 ¥25.19 yen today
¥10 yen in 1962 ¥50.38 yen today
¥50 yen in 1962 ¥251.9 yen today
¥100 yen in 1962 ¥503.81 yen today
¥500 yen in 1962 ¥2,519.04 yen today
¥1,000 yen in 1962 ¥5,038.08 yen today
¥5,000 yen in 1962 ¥25,190.41 yen today
¥10,000 yen in 1962 ¥50,380.83 yen today
¥50,000 yen in 1962 ¥251,904.14 yen today
¥100,000 yen in 1962 ¥503,808.28 yen today
¥500,000 yen in 1962 ¥2,519,041.42 yen today
¥1,000,000 yen in 1962 ¥5,038,082.84 yen today

Value of Yen in time (by year)

Period Value
1962 100
1963 104.9
1964 110.48
1965 115.67
1966 123.15
1967 128.58
1968 135.81
1969 141.12
1970 150.17
1971 161
1972 168.93
1973 178.34
1974 211.03
1975 255.62
1976 275.43
1977 304.66
1978 320.02
1979 332.4
1980 351.23
1981 376.49
1982 392.84
1983 400.77
1984 407.7
1985 418.6
1986 424.55
1987 423.06
1988 426.53
1989 430.99
1990 442.38
1991 458.73
1992 471.11
1993 476.56
1994 481.52
1995 484.49
1996 482.51
1997 485.48
1998 494.4
1999 497.37
2000 491.92
2001 489.94
2002 483.99
2003 482.51
2004 480.52
2005 481.52
2006 479.53
2007 481.02
2008 484.49
2009 486.47
2010 478.05
2011 476.56
2012 475.57
2013 474.58
2014 482.51
2015 493.9
2016 494.4
2017 495.88
2018 501.33
Today 503.81