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Value of 1990 Japanese Yen today

¥100 in 1990
¥121.11 in 2024

The inflation rate in Japan between 1990 and today has been 21.11%, which translates into a total increase of ¥21.11. This means that 100 yen in 1990 are equivalent to 121.11 yen in 2024. In other words, the purchasing power of ¥100 in 1990 equals ¥121.11 today. The average annual inflation rate between these periods has been 0.56%.

Inflation timeline in Japan (1990 - 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 1990-2023 17.83%
Cumulative inflation 1990-today 21.11%
Avg. Annual inflation 1990-2023 0.5%
CPI 1990 89.59
CPI 2023 105.56
CPI 2024-05 (latest official data) 108.06
CPI today 108.5

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 1990 and 2023, use the corresponding CPI values:

Value2023
=Value1990 ×
CPI2023/CPI1990
=¥ 100 ×
105.56/89.59
¥117.83

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 108.5:

Valuetoday
=Value1990 ×
CPItoday/CPI1990
=¥ 100 ×
108.5/89.59
¥121.11

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 33 years between 1990 and 2023 and the average inflation rate was 0.4983%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=¥100 × (1 + 0.004983)33
¥117.83

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1990 ¥1.18 yen in 2023
¥5 yen in 1990 ¥5.89 yen in 2023
¥10 yen in 1990 ¥11.78 yen in 2023
¥50 yen in 1990 ¥58.91 yen in 2023
¥100 yen in 1990 ¥117.83 yen in 2023
¥500 yen in 1990 ¥589.13 yen in 2023
¥1,000 yen in 1990 ¥1,178.26 yen in 2023
¥5,000 yen in 1990 ¥5,891.3 yen in 2023
¥10,000 yen in 1990 ¥11,782.59 yen in 2023
¥50,000 yen in 1990 ¥58,912.97 yen in 2023
¥100,000 yen in 1990 ¥117,825.94 yen in 2023
¥500,000 yen in 1990 ¥589,129.68 yen in 2023
¥1,000,000 yen in 1990 ¥1,178,259.35 yen in 2023
Cumulative inflation From 1990 21.11%
Avg. annual inflation From 1990 0.56%
CPI 1990 89.59
CPI today 108.5

Value of Yen over time (by year)

Period Value
1990 100
1991 103.27
1992 105.06
1993 106.38
1994 107.11
1995 107.02
1996 107.17
1997 108.99
1998 109.7
1999 109.32
2000 108.56
2001 107.81
2002 106.84
2003 106.56
2004 106.56
2005 106.25
2006 106.52
2007 106.56
2008 108.03
2009 106.59
2010 105.8
2011 105.51
2012 105.47
2013 105.82
2014 108.74
2015 109.61
2016 109.47
2017 110
2018 111.08
2019 111.6
2020 111.58
2021 111.32
2022 114.1
2023 117.83
2024-05 120.62
Today 121.11

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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