Value of 1971 Mexican Pesos today

$100 in 1971

$807,194.87 in 2018

The inflation rate in Mexico between 1971 and today has been 807,094.87%, which translates into a total increase of $807,094.87. This means that 100 pesos in 1971 are equivalent to 807,194.87 pesos in 2018. In other words, the purchasing power of $100 in 1971 equals $807,194.87 today. The average annual inflation rate has been 20.61%.

Inflation timeline in Mexico (1971-2018)

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 (1971-2018) 775,283.6%
Total Inflation* 807,094.87%
Annual inflation avg. (1971-2018) 20.99%
Annual inflation avg.* 20.61%
CPI 1971 0.01
CPI 2018 112.11
CPI today* 116.71
$1 in 1971 $7,753.84 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 47 years between 1971 and 2018 and the average inflation rate has been 20.6134%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.21)47 = $775,383.6

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 1971 was 0.01 and the CPI today is 116.71. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
112.11/0.01
= $775,383.6

Mexico inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1971 $8,071.95 pesos today
$5 pesos in 1971 $40,359.74 pesos today
$10 pesos in 1971 $80,719.49 pesos today
$50 pesos in 1971 $403,597.44 pesos today
$100 pesos in 1971 $807,194.87 pesos today
$500 pesos in 1971 $4,035,974.36 pesos today
$1,000 pesos in 1971 $8,071,948.72 pesos today
$5,000 pesos in 1971 $40,359,743.58 pesos today
$10,000 pesos in 1971 $80,719,487.15 pesos today
$50,000 pesos in 1971 $403,597,435.76 pesos today
$100,000 pesos in 1971 $807,194,871.53 pesos today
$500,000 pesos in 1971 $4,035,974,357.63 pesos today
$1,000,000 pesos in 1971 $8,071,948,715.26 pesos today

Value of Peso in time (by year)

Period Value
1971 100
1972 104.96
1973 110.79
1974 134.47
1975 162.17
1976 180.5
1977 229.6
1978 277.04
1979 321.83
1980 386.26
1981 501.55
1982 645.42
1983 1,283.38
1984 2,320.07
1985 3,692.54
1986 6,046.51
1987 12,440.61
1988 32,242.08
1989 48,897.5
1990 58,529.05
1991 76,046.57
1992 90,339.19
1993 101,123.99
1994 109,223.23
1995 116,925.14
1996 177,686.57
1997 226,914.26
1998 262,581.8
1999 311,446.05
2000 349,812.02
2001 381,152.75
2002 397,936.81
2003 420,621.14
2004 437,347.24
2005 460,049.28
2006 475,381.52
2007 494,650.03
2008 513,244.15
2009 546,749.46
2010 566,287.69
2011 591,213.38
2012 613,790.38
2013 635,692.23
2014 660,954.87
2015 687,930.54
2016 702,588.81
2017 726,198.1
2018 775,383.6
Today 807,194.87