Value of 1967 Japanese Yen today

¥100 in 1967

¥392.99 in 2018

The inflation rate in Japan between 1967 and today has been 292.99%, which translates into a total increase of ¥292.99. This means that 100 yen in 1967 are equivalent to 392.99 yen in 2018. In other words, the purchasing power of ¥100 in 1967 equals ¥392.99 today. The average annual inflation rate has been 2.67%.

Inflation timeline in Japan (1967-2018)

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 (1967-2018) 289.91%
Total Inflation* 292.99%
Annual inflation avg. (1967-2018) 2.7%
Annual inflation avg.* 2.67%
CPI 1967 25.95
CPI 2018 101.2
CPI today* 102
¥1 in 1967 ¥3.9 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 51 years between 1967 and 2018 and the average inflation rate has been 2.6669%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = ¥100 * (1 + 0.03)51 = ¥389.91

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 1967 was 25.95 and the CPI today is 102. Therefore,

Final value = Initial value *
CPI final/CPI initial
= ¥100 *
101.2/25.95
= ¥389.91

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1967 ¥3.93 yen today
¥5 yen in 1967 ¥19.65 yen today
¥10 yen in 1967 ¥39.3 yen today
¥50 yen in 1967 ¥196.5 yen today
¥100 yen in 1967 ¥392.99 yen today
¥500 yen in 1967 ¥1,964.96 yen today
¥1,000 yen in 1967 ¥3,929.92 yen today
¥5,000 yen in 1967 ¥19,649.61 yen today
¥10,000 yen in 1967 ¥39,299.23 yen today
¥50,000 yen in 1967 ¥196,496.15 yen today
¥100,000 yen in 1967 ¥392,992.29 yen today
¥500,000 yen in 1967 ¥1,964,961.47 yen today
¥1,000,000 yen in 1967 ¥3,929,922.95 yen today

Value of Yen in time (by year)

Period Value
1967 100
1968 105.63
1969 109.76
1970 116.79
1971 125.22
1972 131.38
1973 138.7
1974 164.13
1975 198.81
1976 214.22
1977 236.95
1978 248.89
1979 258.53
1980 273.17
1981 292.82
1982 305.53
1983 311.7
1984 317.09
1985 325.57
1986 330.19
1987 329.03
1988 331.73
1989 335.2
1990 344.06
1991 356.77
1992 366.41
1993 370.64
1994 374.5
1995 376.81
1996 375.27
1997 377.58
1998 384.51
1999 386.83
2000 382.59
2001 381.05
2002 376.42
2003 375.27
2004 373.73
2005 374.5
2006 372.96
2007 374.11
2008 376.81
2009 378.35
2010 371.8
2011 370.64
2012 369.87
2013 369.1
2014 375.27
2015 384.13
2016 384.51
2017 385.67
2018 389.91
Today 392.99