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Value of 1964 Japanese Yen today

¥100 in 1964
¥453.77 in 2022

The inflation rate in Japan between 1964 and today has been 353.77%, which translates into a total increase of ¥353.77. This means that 100 yen in 1964 are equivalent to 453.77 yen in 2022. In other words, the purchasing power of ¥100 in 1964 equals ¥453.77 today. The average annual inflation rate between these periods has been 2.64%.

Inflation timeline in Japan (1964 - 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 1964-2021 344.13%
Cumulative inflation 1964-today 353.77%
Avg. Annual inflation 1964-2021 2.65%
CPI 1964 22.87
CPI 2021 101.56
CPI 2022-04 (latest official data) 103.33
CPI today 103.77

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 1964 and 2021, use the corresponding CPI values:

Value2021
=Value1964 ×
CPI2021/CPI1964
=¥ 100 ×
101.56/22.87
¥444.13

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 103.77:

Valuetoday
=Value1964 ×
CPItoday/CPI1964
=¥ 100 ×
103.77/22.87
¥453.77

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 57 years between 1964 and 2021 and the average inflation rate was 2.6502%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=¥100 × (1 + 0.026502)57
¥444.13

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1964 ¥4.44 yen in 2021
¥5 yen in 1964 ¥22.21 yen in 2021
¥10 yen in 1964 ¥44.41 yen in 2021
¥50 yen in 1964 ¥222.06 yen in 2021
¥100 yen in 1964 ¥444.13 yen in 2021
¥500 yen in 1964 ¥2,220.65 yen in 2021
¥1,000 yen in 1964 ¥4,441.3 yen in 2021
¥5,000 yen in 1964 ¥22,206.48 yen in 2021
¥10,000 yen in 1964 ¥44,412.97 yen in 2021
¥50,000 yen in 1964 ¥222,064.84 yen in 2021
¥100,000 yen in 1964 ¥444,129.68 yen in 2021
¥500,000 yen in 1964 ¥2,220,648.42 yen in 2021
¥1,000,000 yen in 1964 ¥4,441,296.83 yen in 2021
Cumulative inflation From 1964 353.77%
Avg. annual inflation From 1964 2.64%
CPI 1964 22.87
CPI today 103.77

Value of Yen over time (by year)

Period Value
1964 100
1965 106.66
1966 112.03
1967 116.5
1968 122.72
1969 129.17
1970 137.9
1971 146.7
1972 153.82
1973 171.66
1974 211.51
1975 236.33
1976 258.52
1977 279.59
1978 291.31
1979 302.18
1980 325.67
1981 341.73
1982 351.12
1983 357.72
1984 365.77
1985 373.23
1986 375.49
1987 375.98
1988 378.42
1989 387.11
1990 398.98
1991 412.04
1992 419.16
1993 424.43
1994 427.36
1995 426.99
1996 427.58
1997 434.85
1998 437.67
1999 436.15
2000 433.15
2001 430.14
2002 426.28
2003 425.17
2004 425.13
2005 423.91
2006 424.99
2007 425.17
2008 431.03
2009 425.28
2010 422.13
2011 420.98
2012 420.79
2013 422.2
2014 433.85
2015 437.3
2016 436.75
2017 438.86
2018 443.2
2019 445.28
2020 445.17
2021 444.13
2022-04 451.88
Today 453.77

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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