Value of 1976 Mexican Pesos today

$100 in 1976

$447,198.14 in 2018

The inflation rate in Mexico between 1976 and today has been 447,098.14%, which translates into a total increase of $447,098.14. This means that 100 pesos in 1976 are equivalent to 447,198.14 pesos in 2018. In other words, the purchasing power of $100 in 1976 equals $447,198.14 today. The average annual inflation rate has been 21.59%.

Inflation timeline in Mexico (1976-2018)

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 (1976-2018) 429,474.21%
Total Inflation* 447,098.14%
Annual inflation avg. (1976-2018) 22.04%
Annual inflation avg.* 21.59%
CPI 1976 0.03
CPI 2018 112.11
CPI today* 116.71
$1 in 1976 $4,295.74 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 42 years between 1976 and 2018 and the average inflation rate has been 21.5893%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.22)42 = $429,574.21

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 1976 was 0.03 and the CPI today is 116.71. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
112.11/0.03
= $429,574.21

Mexico inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1976 $4,471.98 pesos today
$5 pesos in 1976 $22,359.91 pesos today
$10 pesos in 1976 $44,719.81 pesos today
$50 pesos in 1976 $223,599.07 pesos today
$100 pesos in 1976 $447,198.14 pesos today
$500 pesos in 1976 $2,235,990.68 pesos today
$1,000 pesos in 1976 $4,471,981.36 pesos today
$5,000 pesos in 1976 $22,359,906.8 pesos today
$10,000 pesos in 1976 $44,719,813.6 pesos today
$50,000 pesos in 1976 $223,599,067.98 pesos today
$100,000 pesos in 1976 $447,198,135.96 pesos today
$500,000 pesos in 1976 $2,235,990,679.78 pesos today
$1,000,000 pesos in 1976 $4,471,981,359.57 pesos today

Value of Peso in time (by year)

Period Value
1976 100
1977 127.2
1978 153.48
1979 178.3
1980 214
1981 277.87
1982 357.57
1983 711.01
1984 1,285.35
1985 2,045.72
1986 3,349.86
1987 6,892.28
1988 17,862.6
1989 27,089.95
1990 32,425.98
1991 42,130.95
1992 50,049.27
1993 56,024.22
1994 60,511.32
1995 64,778.29
1996 98,441.04
1997 125,713.92
1998 145,474.28
1999 172,545.81
2000 193,801.14
2001 211,164.37
2002 220,462.99
2003 233,030.46
2004 242,296.97
2005 254,874.24
2006 263,368.54
2007 274,043.58
2008 284,345
2009 302,907.45
2010 313,731.92
2011 327,541.13
2012 340,049.13
2013 352,183.09
2014 366,178.97
2015 381,123.9
2016 389,244.8
2017 402,324.7
2018 429,574.21
Today 447,198.14