$

Value of 1977 Mexican Pesos today

$100 in 1977
$420,649.06 in 2024

The inflation rate in Mexico between 1977 and today has been 420,549.06%, which translates into a total increase of $420,549.06. This means that 100 pesos in 1977 are equivalent to 420,649.06 pesos in 2024. In other words, the purchasing power of $100 in 1977 equals $420,649.06 today. The average annual inflation rate between these periods has been 19.43%.

Inflation timeline in Mexico (1977 - 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 1977-2023 395,531.06%
Cumulative inflation 1977-today 420,549.06%
Avg. Annual inflation 1977-2023 19.73%
CPI 1977 0.04
CPI 2023 147.49
CPI 2024-07 (latest official data) 155.16
CPI today 156.81

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 1977 and 2023, use the corresponding CPI values:

Value2023
=Value1977 ×
CPI2023/CPI1977
=$ 100 ×
147.49/0.04
$395,631.06

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 156.81:

Valuetoday
=Value1977 ×
CPItoday/CPI1977
=$ 100 ×
156.81/0.04
$420,649.06

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 46 years between 1977 and 2023 and the average inflation rate was 19.7297%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=$100 × (1 + 0.197297)46
$395,631.06

Mexico inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1977 $3,956.31 pesos in 2023
$5 pesos in 1977 $19,781.55 pesos in 2023
$10 pesos in 1977 $39,563.11 pesos in 2023
$50 pesos in 1977 $197,815.53 pesos in 2023
$100 pesos in 1977 $395,631.06 pesos in 2023
$500 pesos in 1977 $1,978,155.32 pesos in 2023
$1,000 pesos in 1977 $3,956,310.64 pesos in 2023
$5,000 pesos in 1977 $19,781,553.2 pesos in 2023
$10,000 pesos in 1977 $39,563,106.41 pesos in 2023
$50,000 pesos in 1977 $197,815,532.03 pesos in 2023
$100,000 pesos in 1977 $395,631,064.05 pesos in 2023
$500,000 pesos in 1977 $1,978,155,320.27 pesos in 2023
$1,000,000 pesos in 1977 $3,956,310,640.55 pesos in 2023
Cumulative inflation From 1977 420,549.06%
Avg. annual inflation From 1977 19.43%
CPI 1977 0.04
CPI today 156.81

Value of Peso over time (by year)

Period Value
1977 100
1978 117.46
1979 138.82
1980 175.41
1981 224.4
1982 356.61
1983 719.9
1984 1,191.07
1985 1,878.9
1986 3,499.13
1987 8,111.95
1988 17,372.73
1989 20,848.65
1990 26,405.16
1991 32,389.19
1992 37,412.09
1993 41,060.3
1994 43,920.48
1995 59,292.34
1996 79,676.09
1997 96,109.78
1998 111,418.52
1999 129,897.99
2000 142,227.31
2001 151,283.96
2002 158,894.66
2003 166,119.46
2004 173,907.82
2005 180,843.37
2006 187,406.99
2007 194,841.16
2008 204,826.73
2009 215,677.15
2010 224,642.25
2011 232,296.65
2012 241,847.55
2013 251,053.22
2014 261,142.09
2015 268,246.82
2016 275,815.94
2017 292,479.16
2018 306,808.91
2019 317,964.22
2020 328,764.91
2021 347,469.23
2022 374,906.31
2023 395,631.06
2024-07 416,206.13
Today 420,649.06

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 |

Other currencies: