¥

Value of 1970 Japanese Yen today

¥100 in 1970
¥343.13 in 2024

The inflation rate in Japan between 1970 and today has been 243.13%, which translates into a total increase of ¥243.13. This means that 100 yen in 1970 are equivalent to 343.13 yen in 2021. In other words, the purchasing power of ¥100 in 1970 equals ¥343.13 today. The average annual inflation rate between these periods has been 2.4%.

Inflation timeline in Japan (1970 - 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 1970-2021 222.06%
Cumulative inflation 1970-today 243.13%
Avg. Annual inflation 1970-2021 2.32%
CPI 1970 31.53
CPI 2021 101.56
CPI 2022-04 (latest official data) 103.33
CPI today 108.2

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 1970 and 2021, use the corresponding CPI values:

Value2021
=Value1970 ×
CPI2021/CPI1970
=¥ 100 ×
101.56/31.53
¥322.06

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 108.2:

Valuetoday
=Value1970 ×
CPItoday/CPI1970
=¥ 100 ×
108.2/31.53
¥343.13

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 51 years between 1970 and 2021 and the average inflation rate was 2.3198%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=¥100 × (1 + 0.023198)51
¥322.06

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1970 ¥3.22 yen in 2021
¥5 yen in 1970 ¥16.1 yen in 2021
¥10 yen in 1970 ¥32.21 yen in 2021
¥50 yen in 1970 ¥161.03 yen in 2021
¥100 yen in 1970 ¥322.06 yen in 2021
¥500 yen in 1970 ¥1,610.3 yen in 2021
¥1,000 yen in 1970 ¥3,220.61 yen in 2021
¥5,000 yen in 1970 ¥16,103.03 yen in 2021
¥10,000 yen in 1970 ¥32,206.07 yen in 2021
¥50,000 yen in 1970 ¥161,030.34 yen in 2021
¥100,000 yen in 1970 ¥322,060.69 yen in 2021
¥500,000 yen in 1970 ¥1,610,303.43 yen in 2021
¥1,000,000 yen in 1970 ¥3,220,606.86 yen in 2021
Cumulative inflation From 1970 243.13%
Avg. annual inflation From 1970 2.4%
CPI 1970 31.53
CPI today 108.2

Value of Yen over time (by year)

Period Value
1970 100
1971 106.38
1972 111.54
1973 124.48
1974 153.38
1975 171.37
1976 187.46
1977 202.74
1978 211.25
1979 219.13
1980 236.16
1981 247.81
1982 254.61
1983 259.4
1984 265.24
1985 270.65
1986 272.29
1987 272.64
1988 274.41
1989 280.71
1990 289.32
1991 298.79
1992 303.95
1993 307.78
1994 309.9
1995 309.63
1996 310.06
1997 315.33
1998 317.38
1999 316.28
2000 314.1
2001 311.92
2002 309.12
2003 308.31
2004 308.29
2005 307.4
2006 308.18
2007 308.31
2008 312.56
2009 308.39
2010 306.11
2011 305.27
2012 305.14
2013 306.16
2014 314.61
2015 317.11
2016 316.71
2017 318.24
2018 321.39
2019 322.89
2020 322.81
2021 322.06
2022-04 327.68
Today 343.13

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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