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Value of 1963 Japanese Yen today

¥100 in 1963
¥499.31 in 2024

The inflation rate in Japan between 1963 and today has been 399.31%, which translates into a total increase of ¥399.31. This means that 100 yen in 1963 are equivalent to 499.31 yen in 2024. In other words, the purchasing power of ¥100 in 1963 equals ¥499.31 today. The average annual inflation rate between these periods has been 2.67%.

Inflation timeline in Japan (1963 - 2024)

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 1963-2023 387.97%
Cumulative inflation 1963-today 399.31%
Avg. Annual inflation 1963-2023 2.68%
CPI 1963 21.63
CPI 2023 105.56
CPI 2024-04 (latest official data) 107.66
CPI today 108.01

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 1963 and 2023, use the corresponding CPI values:

Value2023
=Value1963 ×
CPI2023/CPI1963
=¥ 100 ×
105.56/21.63
¥487.97

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 108.01:

Valuetoday
=Value1963 ×
CPItoday/CPI1963
=¥ 100 ×
108.01/21.63
¥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 60 years between 1963 and 2023 and the average inflation rate was 2.677%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=¥100 × (1 + 0.02677)60
¥487.97

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1963 ¥4.88 yen in 2023
¥5 yen in 1963 ¥24.4 yen in 2023
¥10 yen in 1963 ¥48.8 yen in 2023
¥50 yen in 1963 ¥243.98 yen in 2023
¥100 yen in 1963 ¥487.97 yen in 2023
¥500 yen in 1963 ¥2,439.83 yen in 2023
¥1,000 yen in 1963 ¥4,879.66 yen in 2023
¥5,000 yen in 1963 ¥24,398.29 yen in 2023
¥10,000 yen in 1963 ¥48,796.58 yen in 2023
¥50,000 yen in 1963 ¥243,982.92 yen in 2023
¥100,000 yen in 1963 ¥487,965.83 yen in 2023
¥500,000 yen in 1963 ¥2,439,829.16 yen in 2023
¥1,000,000 yen in 1963 ¥4,879,658.32 yen in 2023
Cumulative inflation From 1963 399.31%
Avg. annual inflation From 1963 2.67%
CPI 1963 21.63
CPI today 108.01

Value of Yen over time (by year)

Period Value
1963 100
1964 103.8
1965 110.71
1966 116.29
1967 120.93
1968 127.39
1969 134.07
1970 143.14
1971 152.27
1972 159.66
1973 178.19
1974 219.55
1975 245.31
1976 268.34
1977 290.21
1978 302.38
1979 313.67
1980 338.04
1981 354.72
1982 364.46
1983 371.32
1984 379.67
1985 387.42
1986 389.76
1987 390.26
1988 392.81
1989 401.82
1990 414.14
1991 427.7
1992 435.09
1993 440.56
1994 443.6
1995 443.22
1996 443.83
1997 451.38
1998 454.31
1999 452.73
2000 449.61
2001 446.49
2002 442.48
2003 441.33
2004 441.29
2005 440.02
2006 441.14
2007 441.33
2008 447.41
2009 441.45
2010 438.17
2011 436.98
2012 436.79
2013 438.25
2014 450.34
2015 453.92
2016 453.34
2017 455.54
2018 460.05
2019 462.2
2020 462.09
2021 461.01
2022 472.52
2023 487.97
2024-04 497.71
Today 499.31

All available years

Today's value of japanese yen by year:

1955 | 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 | 2022 | 2023 |

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