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Value of 1980 New Zealand Dollars today

$100 in 1980
$568.9 in 2022

The inflation rate in New Zealand between 1980 and today has been 468.9%, which translates into a total increase of $468.9. This means that 100 dollars in 1980 are equivalent to 568.9 dollars in 2022. In other words, the purchasing power of $100 in 1980 equals $568.9 today. The average annual inflation rate between these periods has been 4.23%.

Inflation timeline in New Zealand (1980 - 2022)

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 (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 extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1980-2021 414.69%
Cumulative inflation 1980-today 468.9%
Avg. Annual inflation 1980-2021 4.08%
CPI 1980 21.74
CPI 2021 111.89
CPI 2022-Q2 (latest official data) 118.69
CPI today 123.68

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 1980 and 2021, use the corresponding CPI values:

Value2021
=Value1980 ×
CPI2021/CPI1980
=$ 100 ×
111.89/21.74
$514.69

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 123.68:

Valuetoday
=Value1980 ×
CPItoday/CPI1980
=$ 100 ×
123.68/21.74
$568.9

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 41 years between 1980 and 2021 and the average inflation rate was 4.077%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.04077)41
$514.69

New Zealand inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1980 $5.15 dollars in 2021
$5 dollars in 1980 $25.73 dollars in 2021
$10 dollars in 1980 $51.47 dollars in 2021
$50 dollars in 1980 $257.35 dollars in 2021
$100 dollars in 1980 $514.69 dollars in 2021
$500 dollars in 1980 $2,573.47 dollars in 2021
$1,000 dollars in 1980 $5,146.93 dollars in 2021
$5,000 dollars in 1980 $25,734.66 dollars in 2021
$10,000 dollars in 1980 $51,469.31 dollars in 2021
$50,000 dollars in 1980 $257,346.56 dollars in 2021
$100,000 dollars in 1980 $514,693.12 dollars in 2021
$500,000 dollars in 1980 $2,573,465.62 dollars in 2021
$1,000,000 dollars in 1980 $5,146,931.24 dollars in 2021
Cumulative inflation From 1980 468.9%
Avg. annual inflation From 1980 4.23%
CPI 1980 21.74
CPI today 123.68

Value of Dollar over time (by year)

Period Value
1980 100
1981 115.37
1982 134.02
1983 143.86
1984 152.73
1985 176.28
1986 199.58
1987 231
1988 245.72
1989 259.77
1990 275.61
1991 282.78
1992 285.65
1993 289.33
1994 294.38
1995 305.44
1996 312.42
1997 316.13
1998 320.13
1999 319.76
2000 328.12
2001 336.74
2002 345.75
2003 351.82
2004 359.87
2005 370.8
2006 383.28
2007 392.39
2008 407.92
2009 416.55
2010 426.14
2011 443.31
2012 448.01
2013 453.09
2014 458.65
2015 459.99
2016 462.97
2017 471.54
2018 479.07
2019 486.83
2020 495.18
2021 514.69
2022-Q2 545.97
Today 568.9

All available years

Today's value of New Zealand dollars by year:

1926 | 1927 | 1928 | 1929 | 1930 | 1931 | 1932 | 1933 | 1934 | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 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 |

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