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Value of 1970 Mexican Pesos today

$100 in 1970
$1,109,932.75 in 2024

The inflation rate in Mexico between 1970 and today has been 1,109,832.75%, which translates into a total increase of $1,109,832.75. This means that 100 pesos in 1970 are equivalent to 1,109,932.75 pesos in 2024. In other words, the purchasing power of $100 in 1970 equals $1,109,932.75 today. The average annual inflation rate between these periods has been 18.83%.

Inflation timeline in Mexico (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 (MXN) 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 1970-2023 1,043,819.77%
Cumulative inflation 1970-today 1,109,832.75%
Avg. Annual inflation 1970-2023 19.08%
CPI 1970 0.01
CPI 2023 147.49
CPI 2024-07 (latest official data) 155.16
CPI today 156.81

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 2023, use the corresponding CPI values:

Value2023
=Value1970 ×
CPI2023/CPI1970
=$ 100 ×
147.49/0.01
$1,043,919.77

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 156.81:

Valuetoday
=Value1970 ×
CPItoday/CPI1970
=$ 100 ×
156.81/0.01
$1,109,932.75

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 53 years between 1970 and 2023 and the average inflation rate was 19.0759%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=$100 × (1 + 0.190759)53
$1,043,919.77

Mexico inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1970 $10,439.2 pesos in 2023
$5 pesos in 1970 $52,195.99 pesos in 2023
$10 pesos in 1970 $104,391.98 pesos in 2023
$50 pesos in 1970 $521,959.89 pesos in 2023
$100 pesos in 1970 $1,043,919.77 pesos in 2023
$500 pesos in 1970 $5,219,598.87 pesos in 2023
$1,000 pesos in 1970 $10,439,197.75 pesos in 2023
$5,000 pesos in 1970 $52,195,988.75 pesos in 2023
$10,000 pesos in 1970 $104,391,977.5 pesos in 2023
$50,000 pesos in 1970 $521,959,887.49 pesos in 2023
$100,000 pesos in 1970 $1,043,919,774.98 pesos in 2023
$500,000 pesos in 1970 $5,219,598,874.88 pesos in 2023
$1,000,000 pesos in 1970 $10,439,197,749.76 pesos in 2023
Cumulative inflation From 1970 1,109,832.75%
Avg. annual inflation From 1970 18.83%
CPI 1970 0.01
CPI today 156.81

Value of Peso over time (by year)

Period Value
1970 100
1971 105.47
1972 110.68
1973 124.06
1974 153.56
1975 176.51
1976 204.44
1977 263.86
1978 309.93
1979 366.3
1980 462.83
1981 592.12
1982 940.95
1983 1,899.55
1984 3,142.79
1985 4,957.7
1986 9,232.88
1987 21,404.35
1988 45,840.03
1989 55,011.65
1990 69,673.17
1991 85,462.75
1992 98,716.26
1993 108,342.5
1994 115,889.43
1995 156,449.91
1996 210,234.88
1997 253,597.12
1998 293,991.05
1999 342,751.34
2000 375,283.72
2001 399,180.79
2002 419,262.53
2003 438,326.02
2004 458,876.54
2005 477,176.81
2006 494,495.71
2007 514,111.65
2008 540,459.76
2009 569,089.9
2010 592,745.39
2011 612,942.43
2012 638,143.62
2013 662,433.87
2014 689,054.56
2015 707,801.24
2016 727,773.27
2017 771,741.18
2018 809,551.92
2019 838,986.54
2020 867,485.45
2021 916,839.02
2022 989,235.05
2023 1,043,919.77
2024-07 1,098,209.55
Today 1,109,932.75

All available years

Today's value of mexican pesos by year:

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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