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Value of 1973 Japanese Yen today

¥100 in 1973
¥275.64 in 2024

The inflation rate in Japan between 1973 and today has been 175.64%, which translates into a total increase of ¥175.64. This means that 100 yen in 1973 are equivalent to 275.64 yen in 2021. In other words, the purchasing power of ¥100 in 1973 equals ¥275.64 today. The average annual inflation rate between these periods has been 2.09%.

Inflation timeline in Japan (1973 - 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 1973-2021 158.72%
Cumulative inflation 1973-today 175.64%
Avg. Annual inflation 1973-2021 2%
CPI 1973 39.26
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 1973 and 2021, use the corresponding CPI values:

Value2021
=Value1973 ×
CPI2021/CPI1973
=¥ 100 ×
101.56/39.26
¥258.72

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

Valuetoday
=Value1973 ×
CPItoday/CPI1973
=¥ 100 ×
108.2/39.26
¥275.64

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 48 years between 1973 and 2021 and the average inflation rate was 2.0001%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=¥100 × (1 + 0.020001)48
¥258.72

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1973 ¥2.59 yen in 2021
¥5 yen in 1973 ¥12.94 yen in 2021
¥10 yen in 1973 ¥25.87 yen in 2021
¥50 yen in 1973 ¥129.36 yen in 2021
¥100 yen in 1973 ¥258.72 yen in 2021
¥500 yen in 1973 ¥1,293.6 yen in 2021
¥1,000 yen in 1973 ¥2,587.2 yen in 2021
¥5,000 yen in 1973 ¥12,936.02 yen in 2021
¥10,000 yen in 1973 ¥25,872.05 yen in 2021
¥50,000 yen in 1973 ¥129,360.23 yen in 2021
¥100,000 yen in 1973 ¥258,720.46 yen in 2021
¥500,000 yen in 1973 ¥1,293,602.29 yen in 2021
¥1,000,000 yen in 1973 ¥2,587,204.57 yen in 2021
Cumulative inflation From 1973 175.64%
Avg. annual inflation From 1973 2.09%
CPI 1973 39.26
CPI today 108.2

Value of Yen over time (by year)

Period Value
1973 100
1974 123.21
1975 137.67
1976 150.59
1977 162.87
1978 169.7
1979 176.03
1980 189.71
1981 199.07
1982 204.54
1983 208.39
1984 213.08
1985 217.42
1986 218.74
1987 219.02
1988 220.45
1989 225.5
1990 232.42
1991 240.03
1992 244.18
1993 247.24
1994 248.95
1995 248.74
1996 249.08
1997 253.32
1998 254.96
1999 254.07
2000 252.32
2001 250.57
2002 248.33
2003 247.68
2004 247.66
2005 246.94
2006 247.57
2007 247.68
2008 251.09
2009 247.74
2010 245.9
2011 245.23
2012 245.13
2013 245.95
2014 252.73
2015 254.74
2016 254.42
2017 255.65
2018 258.18
2019 259.39
2020 259.33
2021 258.72
2022-04 263.24
Today 275.64

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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