Value of 1970 Mexican Pesos today

$100 in 1970

$845,090.61 in 2018

The inflation rate in Mexico between 1970 and today has been 844,990.61%, which translates into a total increase of $844,990.61. This means that 100 pesos in 1970 are equivalent to 845,090.61 pesos in 2018. In other words, the purchasing power of $100 in 1970 equals $845,090.61 today. The average annual inflation rate has been 20.27%.

Inflation timeline in Mexico (1970-2018)

The following chart ilustrates the equivalence of $100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1970-2018) 811,685.88%
Total Inflation* 844,990.61%
Annual inflation avg. (1970-2018) 20.63%
Annual inflation avg.* 20.27%
CPI 1970 0.01
CPI 2018 112.11
CPI today* 116.71
$1 in 1970 $8,117.86 in 2018

* Values extrapolated from the last official data to obtain today's values.

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 compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 1970 and 2018 and the average inflation rate has been 20.2655%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.2)48 = $811,785.88

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1970 was 0.01 and the CPI today is 116.71. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
112.11/0.01
= $811,785.88

Mexico inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1970 $8,450.91 pesos today
$5 pesos in 1970 $42,254.53 pesos today
$10 pesos in 1970 $84,509.06 pesos today
$50 pesos in 1970 $422,545.31 pesos today
$100 pesos in 1970 $845,090.61 pesos today
$500 pesos in 1970 $4,225,453.07 pesos today
$1,000 pesos in 1970 $8,450,906.14 pesos today
$5,000 pesos in 1970 $42,254,530.72 pesos today
$10,000 pesos in 1970 $84,509,061.45 pesos today
$50,000 pesos in 1970 $422,545,307.23 pesos today
$100,000 pesos in 1970 $845,090,614.47 pesos today
$500,000 pesos in 1970 $4,225,453,072.34 pesos today
$1,000,000 pesos in 1970 $8,450,906,144.68 pesos today

Value of Peso in time (by year)

Period Value
1970 100
1971 104.69
1972 109.89
1973 115.99
1974 140.78
1975 169.78
1976 188.97
1977 240.38
1978 290.04
1979 336.94
1980 404.4
1981 525.1
1982 675.72
1983 1,343.63
1984 2,428.99
1985 3,865.89
1986 6,330.38
1987 13,024.66
1988 33,755.77
1989 51,193.11
1990 61,276.85
1991 79,616.76
1992 94,580.39
1993 105,871.51
1994 114,350.98
1995 122,414.48
1996 186,028.5
1997 237,567.3
1998 274,909.35
1999 326,067.65
2000 366,234.81
2001 399,046.9
2002 416,618.93
2003 440,368.23
2004 457,879.58
2005 481,647.43
2006 497,699.47
2007 517,872.59
2008 537,339.65
2009 572,417.96
2010 592,873.46
2011 618,969.34
2012 642,606.27
2013 665,536.36
2014 691,985.02
2015 720,227.13
2016 735,573.57
2017 760,291.25
2018 811,785.88
Today 845,090.61