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Value of 1993 Japanese Yen today

¥100 in 1993
¥107.56 in 2022

The inflation rate in Japan between 1993 and today has been 7.56%, which translates into a total increase of ¥7.56. This means that 100 yen in 1993 are equivalent to 107.56 yen in 2022. In other words, the purchasing power of ¥100 in 1993 equals ¥107.56 today. The average annual inflation rate between these periods has been 0.25%.

Inflation timeline in Japan (1993 - 2022)

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 1993-2021 4.64%
Cumulative inflation 1993-today 7.56%
Avg. Annual inflation 1993-2021 0.16%
CPI 1993 97.06
CPI 2021 101.56
CPI 2022-04 (latest official data) 103.33
CPI today 104.4

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 1993 and 2021, use the corresponding CPI values:

Value2021
=Value1993 ×
CPI2021/CPI1993
=¥ 100 ×
101.56/97.06
¥104.64

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 104.4:

Valuetoday
=Value1993 ×
CPItoday/CPI1993
=¥ 100 ×
104.4/97.06
¥107.56

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 28 years between 1993 and 2021 and the average inflation rate was 0.1622%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=¥100 × (1 + 0.001622)28
¥104.64

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 1993 ¥1.05 yen in 2021
¥5 yen in 1993 ¥5.23 yen in 2021
¥10 yen in 1993 ¥10.46 yen in 2021
¥50 yen in 1993 ¥52.32 yen in 2021
¥100 yen in 1993 ¥104.64 yen in 2021
¥500 yen in 1993 ¥523.21 yen in 2021
¥1,000 yen in 1993 ¥1,046.42 yen in 2021
¥5,000 yen in 1993 ¥5,232.08 yen in 2021
¥10,000 yen in 1993 ¥10,464.16 yen in 2021
¥50,000 yen in 1993 ¥52,320.78 yen in 2021
¥100,000 yen in 1993 ¥104,641.56 yen in 2021
¥500,000 yen in 1993 ¥523,207.82 yen in 2021
¥1,000,000 yen in 1993 ¥1,046,415.64 yen in 2021
Cumulative inflation From 1993 7.56%
Avg. annual inflation From 1993 0.25%
CPI 1993 97.06
CPI today 104.4

Value of Yen over time (by year)

Period Value
1993 100
1994 100.69
1995 100.6
1996 100.74
1997 102.46
1998 103.12
1999 102.76
2000 102.05
2001 101.35
2002 100.44
2003 100.17
2004 100.17
2005 99.88
2006 100.13
2007 100.17
2008 101.56
2009 100.2
2010 99.46
2011 99.19
2012 99.14
2013 99.48
2014 102.22
2015 103.03
2016 102.9
2017 103.4
2018 104.42
2019 104.91
2020 104.89
2021 104.64
2022-04 106.47
Today 107.56

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 |

Other currencies: