Value of 1963 Japanese Yen today

¥100 in 1963

¥481.69 in 2018

The inflation rate in Japan between 1963 and today has been 381.69%, which translates into a total increase of ¥381.69. This means that 100 yen in 1963 are equivalent to 481.69 yen in 2018. In other words, the purchasing power of ¥100 in 1963 equals ¥481.69 today. The average annual inflation rate has been 2.85%.

Inflation timeline in Japan (1963-2018)

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 (1963-2018) 377.91%
Total Inflation* 381.69%
Annual inflation avg. (1963-2018) 2.88%
Annual inflation avg.* 2.85%
CPI 1963 21.18
CPI 2018 101.2
CPI today* 102
¥1 in 1963 ¥4.78 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 55 years between 1963 and 2018 and the average inflation rate has been 2.8472%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = ¥100 * (1 + 0.03)55 = ¥477.91

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 1963 was 21.18 and the CPI today is 102. Therefore,

Final value = Initial value *
CPI final/CPI initial
= ¥100 *
101.2/21.18
= ¥477.91

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1963 ¥4.82 yen today
¥5 yen in 1963 ¥24.08 yen today
¥10 yen in 1963 ¥48.17 yen today
¥50 yen in 1963 ¥240.85 yen today
¥100 yen in 1963 ¥481.69 yen today
¥500 yen in 1963 ¥2,408.46 yen today
¥1,000 yen in 1963 ¥4,816.91 yen today
¥5,000 yen in 1963 ¥24,084.57 yen today
¥10,000 yen in 1963 ¥48,169.15 yen today
¥50,000 yen in 1963 ¥240,845.73 yen today
¥100,000 yen in 1963 ¥481,691.46 yen today
¥500,000 yen in 1963 ¥2,408,457.29 yen today
¥1,000,000 yen in 1963 ¥4,816,914.57 yen today

Value of Yen in time (by year)

Period Value
1963 100
1964 105.32
1965 110.27
1966 117.4
1967 122.57
1968 129.47
1969 134.53
1970 143.15
1971 153.48
1972 161.04
1973 170.01
1974 201.18
1975 243.68
1976 262.57
1977 290.43
1978 305.07
1979 316.88
1980 334.82
1981 358.91
1982 374.49
1983 382.05
1984 388.66
1985 399.05
1986 404.71
1987 403.3
1988 406.6
1989 410.85
1990 421.71
1991 437.3
1992 449.11
1993 454.3
1994 459.02
1995 461.86
1996 459.97
1997 462.8
1998 471.3
1999 474.13
2000 468.94
2001 467.05
2002 461.38
2003 459.97
2004 458.08
2005 459.02
2006 457.13
2007 458.55
2008 461.86
2009 463.74
2010 455.72
2011 454.3
2012 453.36
2013 452.41
2014 459.97
2015 470.83
2016 471.3
2017 472.72
2018 477.91
Today 481.69