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Value of 1971 Mexican Pesos today

$100 in 1971
$1,018,129.93 in 2024

The inflation rate in Mexico between 1971 and today has been 1,018,029.93%, which translates into a total increase of $1,018,029.93. This means that 100 pesos in 1971 are equivalent to 1,018,129.93 pesos in 2024. In other words, the purchasing power of $100 in 1971 equals $1,018,129.93 today. The average annual inflation rate between these periods has been 19.02%.

Inflation timeline in Mexico (1971 - 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 1971-2023 989,687.89%
Cumulative inflation 1971-today 1,018,029.93%
Avg. Annual inflation 1971-2023 19.35%
CPI 1971 0.01
CPI 2023 147.49
CPI 2023-12 (latest official data) 151.02
CPI today 151.71

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 1971 and 2023, use the corresponding CPI values:

Value2023
=Value1971 ×
CPI2023/CPI1971
=$ 100 ×
147.49/0.01
$989,787.89

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 151.71:

Valuetoday
=Value1971 ×
CPItoday/CPI1971
=$ 100 ×
151.71/0.01
$1,018,129.93

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 52 years between 1971 and 2023 and the average inflation rate was 19.3541%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=$100 × (1 + 0.193541)52
$989,787.89

Mexico inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1971 $9,897.88 pesos in 2023
$5 pesos in 1971 $49,489.39 pesos in 2023
$10 pesos in 1971 $98,978.79 pesos in 2023
$50 pesos in 1971 $494,893.95 pesos in 2023
$100 pesos in 1971 $989,787.89 pesos in 2023
$500 pesos in 1971 $4,948,939.46 pesos in 2023
$1,000 pesos in 1971 $9,897,878.93 pesos in 2023
$5,000 pesos in 1971 $49,489,394.63 pesos in 2023
$10,000 pesos in 1971 $98,978,789.26 pesos in 2023
$50,000 pesos in 1971 $494,893,946.29 pesos in 2023
$100,000 pesos in 1971 $989,787,892.58 pesos in 2023
$500,000 pesos in 1971 $4,948,939,462.88 pesos in 2023
$1,000,000 pesos in 1971 $9,897,878,925.76 pesos in 2023
Cumulative inflation From 1971 1,018,029.93%
Avg. annual inflation From 1971 19.02%
CPI 1971 0.01
CPI today 151.71

Value of Peso over time (by year)

Period Value
1971 100
1972 104.94
1973 117.62
1974 145.6
1975 167.36
1976 193.84
1977 250.18
1978 293.85
1979 347.31
1980 438.83
1981 561.41
1982 892.16
1983 1,801.05
1984 2,979.82
1985 4,700.62
1986 8,754.11
1987 20,294.44
1988 43,463.02
1989 52,159.05
1990 66,060.31
1991 81,031.13
1992 93,597.38
1993 102,724.46
1994 109,880.05
1995 148,337.29
1996 199,333.26
1997 240,446.98
1998 278,746.31
1999 324,978.16
2000 355,823.59
2001 378,481.49
2002 397,521.9
2003 415,596.87
2004 435,081.75
2005 452,433.07
2006 468,853.91
2007 487,452.67
2008 512,434.52
2009 539,580.05
2010 562,008.91
2011 581,158.64
2012 605,053.04
2013 628,083.73
2014 653,324.02
2015 671,098.6
2016 690,034.99
2017 731,722.97
2018 767,573.05
2019 795,481.36
2020 822,502.47
2021 869,296.84
2022 937,938.81
2023 989,787.89
2023-12 1,013,470.96
Today 1,018,129.93

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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