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Value of 1967 Japanese Yen today

¥100 in 1967
¥419.37 in 2024

The inflation rate in Japan between 1967 and today has been 319.37%, which translates into a total increase of ¥319.37. This means that 100 yen in 1967 are equivalent to 419.37 yen in 2024. In other words, the purchasing power of ¥100 in 1967 equals ¥419.37 today. The average annual inflation rate between these periods has been 2.55%.

Inflation timeline in Japan (1967 - 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 1967-2023 303.51%
Cumulative inflation 1967-today 319.37%
Avg. Annual inflation 1967-2023 2.52%
CPI 1967 26.16
CPI 2023 105.56
CPI 2024-10 (latest official data) 109.46
CPI today 109.71

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 1967 and 2023, use the corresponding CPI values:

Value2023
=Value1967 ×
CPI2023/CPI1967
=¥ 100 ×
105.56/26.16
¥403.51

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 109.71:

Valuetoday
=Value1967 ×
CPItoday/CPI1967
=¥ 100 ×
109.71/26.16
¥419.37

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 56 years between 1967 and 2023 and the average inflation rate was 2.5224%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=¥100 × (1 + 0.025224)56
¥403.51

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1967 ¥4.04 yen in 2023
¥5 yen in 1967 ¥20.18 yen in 2023
¥10 yen in 1967 ¥40.35 yen in 2023
¥50 yen in 1967 ¥201.76 yen in 2023
¥100 yen in 1967 ¥403.51 yen in 2023
¥500 yen in 1967 ¥2,017.56 yen in 2023
¥1,000 yen in 1967 ¥4,035.12 yen in 2023
¥5,000 yen in 1967 ¥20,175.59 yen in 2023
¥10,000 yen in 1967 ¥40,351.17 yen in 2023
¥50,000 yen in 1967 ¥201,755.86 yen in 2023
¥100,000 yen in 1967 ¥403,511.72 yen in 2023
¥500,000 yen in 1967 ¥2,017,558.61 yen in 2023
¥1,000,000 yen in 1967 ¥4,035,117.22 yen in 2023
Cumulative inflation From 1967 319.37%
Avg. annual inflation From 1967 2.55%
CPI 1967 26.16
CPI today 109.71

Value of Yen over time (by year)

Period Value
1967 100
1968 105.34
1969 110.87
1970 118.37
1971 125.92
1972 132.03
1973 147.35
1974 181.55
1975 202.85
1976 221.9
1977 239.99
1978 250.05
1979 259.38
1980 279.54
1981 293.33
1982 301.38
1983 307.05
1984 313.96
1985 320.36
1986 322.31
1987 322.72
1988 324.82
1989 332.27
1990 342.46
1991 353.67
1992 359.79
1993 364.31
1994 366.83
1995 366.51
1996 367.02
1997 373.26
1998 375.68
1999 374.37
2000 371.79
2001 369.21
2002 365.9
2003 364.95
2004 364.92
2005 363.86
2006 364.79
2007 364.95
2008 369.98
2009 365.04
2010 362.34
2011 361.35
2012 361.19
2013 362.4
2014 372.4
2015 375.36
2016 374.88
2017 376.7
2018 380.42
2019 382.21
2020 382.11
2021 381.22
2022 390.74
2023 403.51
2024-10 418.45
Today 419.37

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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