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Value of 1973 Mexican Pesos today

$100 in 1973
$819,563.81 in 2022

The inflation rate in Mexico between 1973 and today has been 819,463.81%, which translates into a total increase of $819,463.81. This means that 100 pesos in 1973 are equivalent to 819,563.81 pesos in 2022. In other words, the purchasing power of $100 in 1973 equals $819,563.81 today. The average annual inflation rate between these periods has been 20.19%.

Inflation timeline in Mexico (1973 - 2022)

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 1973-2021 738,953.98%
Cumulative inflation 1973-today 819,463.81%
Avg. Annual inflation 1973-2021 20.39%
CPI 1973 0.02
CPI 2021 129.53
CPI 2022-10 (latest official data) 142.92
CPI today 143.64

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 1973 and 2021, use the corresponding CPI values:

Value2021
=Value1973 ×
CPI2021/CPI1973
=$ 100 ×
129.53/0.02
$739,053.98

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 143.64:

Valuetoday
=Value1973 ×
CPItoday/CPI1973
=$ 100 ×
143.64/0.02
$819,563.81

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 48 years between 1973 and 2021 and the average inflation rate was 20.3919%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.203919)48
$739,053.98

Mexico inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1973 $7,390.54 pesos in 2021
$5 pesos in 1973 $36,952.7 pesos in 2021
$10 pesos in 1973 $73,905.4 pesos in 2021
$50 pesos in 1973 $369,526.99 pesos in 2021
$100 pesos in 1973 $739,053.98 pesos in 2021
$500 pesos in 1973 $3,695,269.9 pesos in 2021
$1,000 pesos in 1973 $7,390,539.81 pesos in 2021
$5,000 pesos in 1973 $36,952,699.05 pesos in 2021
$10,000 pesos in 1973 $73,905,398.1 pesos in 2021
$50,000 pesos in 1973 $369,526,990.48 pesos in 2021
$100,000 pesos in 1973 $739,053,980.96 pesos in 2021
$500,000 pesos in 1973 $3,695,269,904.81 pesos in 2021
$1,000,000 pesos in 1973 $7,390,539,809.62 pesos in 2021
Cumulative inflation From 1973 819,463.81%
Avg. annual inflation From 1973 20.19%
CPI 1973 0.02
CPI today 143.64

Value of Peso over time (by year)

Period Value
1973 100
1974 123.78
1975 142.28
1976 164.8
1977 212.7
1978 249.83
1979 295.27
1980 373.08
1981 477.3
1982 758.49
1983 1,531.21
1984 2,533.37
1985 3,996.35
1986 7,442.52
1987 17,253.81
1988 36,951.15
1989 44,344.29
1990 56,162.79
1991 68,890.6
1992 79,574.11
1993 87,333.71
1994 93,417.21
1995 126,112.57
1996 169,468.05
1997 204,421.88
1998 236,983
1999 276,288.13
2000 302,512.14
2001 321,775.3
2002 337,962.97
2003 353,329.85
2004 369,895.4
2005 384,647.05
2006 398,607.63
2007 414,419.82
2008 435,658.75
2009 458,737.19
2010 477,805.63
2011 494,086.24
2012 514,400.65
2013 533,980.76
2014 555,439.4
2015 570,550.9
2016 586,650.14
2017 622,092.19
2018 652,571.02
2019 676,297.95
2020 699,270.61
2021 739,053.98
2022-10 815,431.92
Today 819,563.81

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 |

Other currencies: