Value of 1977 Mexican Pesos today

$100 in 1977

$351,565.34 in 2018

The inflation rate in Mexico between 1977 and today has been 351,465.34%, which translates into a total increase of $351,465.34. This means that 100 pesos in 1977 are equivalent to 351,565.34 pesos in 2018. In other words, the purchasing power of $100 in 1977 equals $351,565.34 today. The average annual inflation rate has been 21.46%.

Inflation timeline in Mexico (1977-2018)

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 (1977-2018) 337,610.27%
Total Inflation* 351,465.34%
Annual inflation avg. (1977-2018) 21.92%
Annual inflation avg.* 21.46%
CPI 1977 0.03
CPI 2018 112.11
CPI today* 116.71
$1 in 1977 $3,377.1 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 41 years between 1977 and 2018 and the average inflation rate has been 21.4587%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.21)41 = $337,710.27

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 1977 was 0.03 and the CPI today is 116.71. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
112.11/0.03
= $337,710.27

Mexico inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1977 $3,515.65 pesos today
$5 pesos in 1977 $17,578.27 pesos today
$10 pesos in 1977 $35,156.53 pesos today
$50 pesos in 1977 $175,782.67 pesos today
$100 pesos in 1977 $351,565.34 pesos today
$500 pesos in 1977 $1,757,826.72 pesos today
$1,000 pesos in 1977 $3,515,653.45 pesos today
$5,000 pesos in 1977 $17,578,267.23 pesos today
$10,000 pesos in 1977 $35,156,534.46 pesos today
$50,000 pesos in 1977 $175,782,672.3 pesos today
$100,000 pesos in 1977 $351,565,344.61 pesos today
$500,000 pesos in 1977 $1,757,826,723.04 pesos today
$1,000,000 pesos in 1977 $3,515,653,446.08 pesos today

Value of Peso in time (by year)

Period Value
1977 100
1978 120.66
1979 140.17
1980 168.23
1981 218.45
1982 281.11
1983 558.96
1984 1,010.48
1985 1,608.25
1986 2,633.49
1987 5,418.38
1988 14,042.7
1989 21,296.8
1990 25,491.72
1991 33,121.29
1992 39,346.3
1993 44,043.51
1994 47,571.04
1995 50,925.53
1996 77,389.54
1997 98,830.15
1998 114,364.78
1999 135,647.09
2000 152,356.99
2001 166,007.12
2002 173,317.24
2003 183,197.17
2004 190,482.05
2005 200,369.69
2006 207,047.49
2007 215,439.68
2008 223,538.16
2009 238,131.05
2010 246,640.72
2011 257,496.85
2012 267,330.03
2013 276,869.15
2014 287,872.03
2015 299,621
2016 306,005.26
2017 316,288.04
2018 337,710.27
Today 351,565.34