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Value of 1979 Mexican Pesos today

$100 in 1979
$297,001.46 in 2024

The inflation rate in Mexico between 1979 and today has been 296,901.46%, which translates into a total increase of $296,901.46. This means that 100 pesos in 1979 are equivalent to 297,001.46 pesos in 2024. In other words, the purchasing power of $100 in 1979 equals $297,001.46 today. The average annual inflation rate between these periods has been 19.45%.

Inflation timeline in Mexico (1979 - 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 1979-2023 284,887%
Cumulative inflation 1979-today 296,901.46%
Avg. Annual inflation 1979-2023 19.82%
CPI 1979 0.05
CPI 2023 147.49
CPI 2024-04 (latest official data) 153.26
CPI today 153.71

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 1979 and 2023, use the corresponding CPI values:

Value2023
=Value1979 ×
CPI2023/CPI1979
=$ 100 ×
147.49/0.05
$284,987

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 153.71:

Valuetoday
=Value1979 ×
CPItoday/CPI1979
=$ 100 ×
153.71/0.05
$297,001.46

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 44 years between 1979 and 2023 and the average inflation rate was 19.8171%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=$100 × (1 + 0.198171)44
$284,987

Mexico inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1979 $2,849.87 pesos in 2023
$5 pesos in 1979 $14,249.35 pesos in 2023
$10 pesos in 1979 $28,498.7 pesos in 2023
$50 pesos in 1979 $142,493.5 pesos in 2023
$100 pesos in 1979 $284,987 pesos in 2023
$500 pesos in 1979 $1,424,935.02 pesos in 2023
$1,000 pesos in 1979 $2,849,870.04 pesos in 2023
$5,000 pesos in 1979 $14,249,350.22 pesos in 2023
$10,000 pesos in 1979 $28,498,700.45 pesos in 2023
$50,000 pesos in 1979 $142,493,502.24 pesos in 2023
$100,000 pesos in 1979 $284,987,004.47 pesos in 2023
$500,000 pesos in 1979 $1,424,935,022.37 pesos in 2023
$1,000,000 pesos in 1979 $2,849,870,044.75 pesos in 2023
Cumulative inflation From 1979 296,901.46%
Avg. annual inflation From 1979 19.45%
CPI 1979 0.05
CPI today 153.71

Value of Peso over time (by year)

Period Value
1979 100
1980 126.35
1981 161.65
1982 256.88
1983 518.57
1984 857.97
1985 1,353.44
1986 2,520.55
1987 5,843.32
1988 12,514.19
1989 15,018.02
1990 19,020.57
1991 23,331.08
1992 26,949.25
1993 29,577.18
1994 31,637.47
1995 42,710.36
1996 57,393.5
1997 69,231.26
1998 80,258.69
1999 93,570.1
2000 102,451.34
2001 108,975.17
2002 114,457.43
2003 119,661.7
2004 125,271.93
2005 130,267.85
2006 134,995.86
2007 140,350.96
2008 147,543.91
2009 155,359.85
2010 161,817.73
2011 167,331.47
2012 174,211.32
2013 180,842.48
2014 188,109.85
2015 193,227.64
2016 198,679.95
2017 210,683.05
2018 221,005.27
2019 229,040.84
2020 236,820.96
2021 250,294.33
2022 270,058.24
2023 284,987
2024-04 296,133.15
Today 297,001.46

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: