Value of 1995 Mexican Pesos today

$100 in 1995

$690.35 in 2018

The inflation rate in Mexico between 1995 and today has been 590.35%, which translates into a total increase of $590.35. This means that 100 pesos in 1995 are equivalent to 690.35 pesos in 2018. In other words, the purchasing power of $100 in 1995 equals $690.35 today. The average annual inflation rate has been 8.38%.

Inflation timeline in Mexico (1995-2018)

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 (1995-2018) 563.15%
Total Inflation* 590.35%
Annual inflation avg. (1995-2018) 8.57%
Annual inflation avg.* 8.38%
CPI 1995 16.91
CPI 2018 112.11
CPI today* 116.71
$1 in 1995 $6.63 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 23 years between 1995 and 2018 and the average inflation rate has been 8.383%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.08)23 = $663.15

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 1995 was 16.91 and the CPI today is 116.71. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
112.11/16.91
= $663.15

Mexico inflation - Conversion table

Initial Value Equivalent value
$1 peso in 1995 $6.9 pesos today
$5 pesos in 1995 $34.52 pesos today
$10 pesos in 1995 $69.04 pesos today
$50 pesos in 1995 $345.18 pesos today
$100 pesos in 1995 $690.35 pesos today
$500 pesos in 1995 $3,451.76 pesos today
$1,000 pesos in 1995 $6,903.52 pesos today
$5,000 pesos in 1995 $34,517.59 pesos today
$10,000 pesos in 1995 $69,035.18 pesos today
$50,000 pesos in 1995 $345,175.92 pesos today
$100,000 pesos in 1995 $690,351.84 pesos today
$500,000 pesos in 1995 $3,451,759.21 pesos today
$1,000,000 pesos in 1995 $6,903,518.41 pesos today

Value of Peso in time (by year)

Period Value
1995 100
1996 151.97
1997 194.07
1998 224.57
1999 266.36
2000 299.18
2001 325.98
2002 340.33
2003 359.74
2004 374.04
2005 393.46
2006 406.57
2007 423.05
2008 438.95
2009 467.61
2010 484.32
2011 505.63
2012 524.94
2013 543.67
2014 565.28
2015 588.35
2016 600.89
2017 621.08
2018 663.15
Today 690.35