Value of 1952 New Zealand Dollars today

$100 in 1952

$3,025.34 in 2019

The inflation rate in New Zealand between 1952 and today has been 2,925.34%, which translates into a total increase of $2,925.34. This means that 100 dollars in 1952 are equivalent to 3,025.34 dollars in 2019. In other words, the purchasing power of $100 in 1952 equals $3,025.34 today. The average annual inflation rate has been 5.14%.

Inflation timeline in New Zealand (1952-2019)

The following chart depicts the equivalence of $100 throughout the years due to 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 (NZD) 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 (1952-2019) 2,923.27%
Total Inflation* 2,925.34%
Annual inflation avg. (1952-2019) 5.22%
Annual inflation avg.* 5.14%
CPI 1952 3.47
CPI 2019 104.79
CPI today* 104.86
$1 in 1952 $30.23 in 2019

* 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 67 years between 1952 and 2019 and the average inflation rate has been 5.142%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = $100 * (1 + 0.05)67 = $3,023.27

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 1952 was 3.47 and the CPI today is 104.86. Therefore,

Final value = Initial value *
CPI final/CPI initial
= $100 *
104.79/3.47
= $3,023.27

New Zealand inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1952 $30.25 dollars today
$5 dollars in 1952 $151.27 dollars today
$10 dollars in 1952 $302.53 dollars today
$50 dollars in 1952 $1,512.67 dollars today
$100 dollars in 1952 $3,025.34 dollars today
$500 dollars in 1952 $15,126.68 dollars today
$1,000 dollars in 1952 $30,253.36 dollars today
$5,000 dollars in 1952 $151,266.78 dollars today
$10,000 dollars in 1952 $302,533.55 dollars today
$50,000 dollars in 1952 $1,512,667.77 dollars today
$100,000 dollars in 1952 $3,025,335.55 dollars today
$500,000 dollars in 1952 $15,126,677.73 dollars today
$1,000,000 dollars in 1952 $30,253,355.46 dollars today

Value of Dollar in time (by year)

Period Value
1952 100
1953 104.61
1954 110.43
1955 113.1
1956 115.93
1957 121.27
1958 123.46
1959 131.44
1960 132.94
1961 135.02
1962 137.91
1963 140.8
1964 143.92
1965 150.4
1966 153.98
1967 157.61
1968 167.95
1969 176.47
1970 183.47
1971 201.73
1972 220.14
1973 232.15
1974 255.73
1975 287.83
1976 333.02
1977 385.12
1978 444.13
1979 488.99
1980 569.82
1981 661.75
1982 765.65
1983 882.78
1984 914.54
1985 1,000.51
1986 1,153.24
1987 1,363.58
1988 1,494.36
1989 1,564.78
1990 1,677.45
1991 1,758.81
1992 1,776.03
1993 1,799.5
1994 1,824.53
1995 1,875.62
1996 1,930.36
1997 1,979.62
1998 1,996.04
1999 2,003.34
2000 2,013.52
2001 2,093.58
2002 2,131.61
2003 2,189.66
2004 2,223.68
2005 2,283.73
2006 2,355.78
2007 2,417.85
2008 2,494.84
2009 2,579.04
2010 2,629.56
2011 2,735.42
2012 2,785.94
2013 2,812.4
2014 2,858.11
2015 2,879.77
2016 2,882.17
2017 2,920.67
2018 2,967.23
2019 3,023.27
Today 3,025.34