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Value of 2015 Japanese Yen today

¥100 in 2015
¥111.13 in 2024

The inflation rate in Japan between 2015 and today has been 11.13%, which translates into a total increase of ¥11.13. This means that 100 yen in 2015 are equivalent to 111.13 yen in 2024. In other words, the purchasing power of ¥100 in 2015 equals ¥111.13 today. The average annual inflation rate between these periods has been 1.18%.

Inflation timeline in Japan (2015 - 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 2015-2023 7.5%
Cumulative inflation 2015-today 11.13%
Avg. Annual inflation 2015-2023 0.91%
CPI 2015 98.19
CPI 2023 105.56
CPI 2024-09 (latest official data) 108.86
CPI today 109.12

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 2015 and 2023, use the corresponding CPI values:

Value2023
=Value2015 ×
CPI2023/CPI2015
=¥ 100 ×
105.56/98.19
¥107.5

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 109.12:

Valuetoday
=Value2015 ×
CPItoday/CPI2015
=¥ 100 ×
109.12/98.19
¥111.13

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 8 years between 2015 and 2023 and the average inflation rate was 0.9081%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=¥100 × (1 + 0.009081)8
¥107.5

Japan inflation - Conversion table

Initial Value Equivalent value
¥1 yen in 2015 ¥1.07 yen in 2023
¥5 yen in 2015 ¥5.37 yen in 2023
¥10 yen in 2015 ¥10.75 yen in 2023
¥50 yen in 2015 ¥53.75 yen in 2023
¥100 yen in 2015 ¥107.5 yen in 2023
¥500 yen in 2015 ¥537.5 yen in 2023
¥1,000 yen in 2015 ¥1,075 yen in 2023
¥5,000 yen in 2015 ¥5,374.99 yen in 2023
¥10,000 yen in 2015 ¥10,749.98 yen in 2023
¥50,000 yen in 2015 ¥53,749.9 yen in 2023
¥100,000 yen in 2015 ¥107,499.8 yen in 2023
¥500,000 yen in 2015 ¥537,499 yen in 2023
¥1,000,000 yen in 2015 ¥1,074,998 yen in 2023
Cumulative inflation From 2015 11.13%
Avg. annual inflation From 2015 1.18%
CPI 2015 98.19
CPI today 109.12

Value of Yen over time (by year)

Period Value
2015 100
2016 99.87
2017 100.36
2018 101.35
2019 101.82
2020 101.8
2021 101.56
2022 104.1
2023 107.5
2024-09 110.87
Today 111.13

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 |

Other currencies: