R

Inflation calculator - South African Rand

This tool is useful to calculate the time value of money based on historical inflation and CPI values. To start, select an amount and two years, or browse the default calculation results.

R100 in January 1957
R12,495.53 in January 2025

The cumulative inflation rate in South Africa between January 1957 and January 2025 was 12,395.53%, meaning that overall prices were 125 times higher than they were in January 1957. In other words, the purchasing power of R100 in Jan 1957 was equivalent to R12,495.53 in Jan 2025. The average annual inflation rate over this period was 0.59%.

Inflation timeline in South Africa (Jan 1957 - Jan 2025)

The chart below shows how the value of R100 changes over time when adjusted for inflation, based on Consumer Price Index (CPI) data. All values are equivalent in terms of purchasing power, indicating how much money would be needed each year to buy the same goods or services.

All calculations are performed in South African rand with six-decimal precision, though displayed values are rounded to two decimals for readability. Inflation figures are sourced from official government and international reports released monthly.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 1957-01 to 2025-01 12,395.53%
Avg. Monthly inflation from 1957-01 to 2025-01 0.59%
CPI 1957-01 1.26
CPI 2025-01 157.68

How to calculate the time value of money with inflation data?

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 months, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between January 1957 and January 2025, use the corresponding CPI values:

ValueJan 2025
=ValueJan 1957 ×
CPIJan 2025/CPIJan 1957
=R 100 ×
157.68/1.26
R12,495.53

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 months)

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 R100 worth today. There are 816 months between January 1957 and January 2025 and the average inflation rate was 0.5934%. Therefore, we can resolve the formula like this:

ValueJan 2025
=PV × (1 + i)n
=R100 × (1 + 0.005934)816
R12,495.53

South Africa inflation - Conversion table

Initial Value Equivalent value
R1 rand in 1957-01 R124.96 rand in 2025-01
R5 rand in 1957-01 R624.78 rand in 2025-01
R10 rand in 1957-01 R1,249.55 rand in 2025-01
R50 rand in 1957-01 R6,247.76 rand in 2025-01
R100 rand in 1957-01 R12,495.53 rand in 2025-01
R500 rand in 1957-01 R62,477.64 rand in 2025-01
R1,000 rand in 1957-01 R124,955.29 rand in 2025-01
R5,000 rand in 1957-01 R624,776.43 rand in 2025-01
R10,000 rand in 1957-01 R1,249,552.86 rand in 2025-01
R50,000 rand in 1957-01 R6,247,764.32 rand in 2025-01
R100,000 rand in 1957-01 R12,495,528.64 rand in 2025-01
R500,000 rand in 1957-01 R62,477,643.21 rand in 2025-01
R1,000,000 rand in 1957-01 R124,955,286.42 rand in 2025-01
Cumulative inflation Jan 1957-Jan 2025 12,395.53%
Avg. monthly inflation Jan 1957-Jan 2025 0.59%
Avg. annual inflation 1957-2024 7.43%
CPI 1957-01 1.26
CPI 2025-01 157.68

Value of Rand over time (by month)

Period Value
1957-01 100
1957-02 100
1957-03 100.36
1957-04 100.36
1957-05 100.72
1957-06 101.08
1957-07 101.43
1957-08 103.23
1957-09 103.94
1957-10 103.94
1957-11 103.23
1957-12 103.23
1958-01 103.94
1958-02 103.94
1958-03 104.3
1958-04 105.02
1958-05 105.02
1958-06 105.02
1958-07 105.73
1958-08 106.09
1958-09 106.09
1958-10 106.09
1958-11 106.09
1958-12 106.45
1959-01 106.45
1959-02 106.09
1959-03 106.45
1959-04 106.45
1959-05 106.45
1959-06 106.81
1959-07 106.45
1959-08 106.45
1959-09 106.45
1959-10 106.81
1959-11 107.17
1959-12 107.17
1960-01 106.81
1960-02 106.81
1960-03 107.17
1960-04 107.53
1960-05 107.89
1960-06 108.24
1960-07 108.24
1960-08 108.6
1960-09 108.6
1960-10 108.6
1960-11 108.6
1960-12 108.6
1961-01 108.96
1961-02 109.32
1961-03 109.32
1961-04 109.68
1961-05 110.39
1961-06 110.39
1961-07 110.39
1961-08 110.75
1961-09 110.75
1961-10 110.75
1961-11 111.47
1961-12 110.75
1962-01 110.75
1962-02 110.75
1962-03 111.11
1962-04 111.47
1962-05 111.83
1962-06 111.83
1962-07 111.83
1962-08 111.83
1962-09 111.83
1962-10 111.83
1962-11 111.83
1962-12 112.54
1963-01 112.9
1963-02 112.54
1963-03 112.54
1963-04 112.54
1963-05 112.54
1963-06 112.9
1963-07 113.26
1963-08 113.62
1963-09 113.62
1963-10 113.62
1963-11 113.62
1963-12 113.62
1964-01 113.62
1964-02 113.62
1964-03 114.7
1964-04 115.05
1964-05 115.05
1964-06 115.41
1964-07 116.13
1964-08 116.49
1964-09 117.2
1964-10 117.56
1964-11 118.28
1964-12 118.64
1965-01 119
1965-02 119
1965-03 119.35
1965-04 120.07
1965-05 120.07
1965-06 120.43
1965-07 120.79
1965-08 121.51
1965-09 121.51
1965-10 121.86
1965-11 122.22
1965-12 122.58
1966-01 122.94
1966-02 123.66
1966-03 123.66
1966-04 124.01
1966-05 123.66
1966-06 124.37
1966-07 124.37
1966-08 124.73
1966-09 126.52
1966-10 126.88
1966-11 126.88
1966-12 127.24
1967-01 127.6
1967-02 127.6
1967-03 128.32
1967-04 128.67
1967-05 129.03
1967-06 129.39
1967-07 130.11
1967-08 130.47
1967-09 130.47
1967-10 130.11
1967-11 130.11
1967-12 130.11
1968-01 130.11
1968-02 130.47
1968-03 130.82
1968-04 131.18
1968-05 131.18
1968-06 131.54
1968-07 132.26
1968-08 132.26
1968-09 132.97
1968-10 132.97
1968-11 133.33
1968-12 133.69
1969-01 134.05
1969-02 134.05
1969-03 135.13
1969-04 135.48
1969-05 135.84
1969-06 135.84
1969-07 136.2
1969-08 136.2
1969-09 136.92
1969-10 137.63
1969-11 137.99
1969-12 138.71
1970-01 138.71
1970-02 138.71
1970-03 138.71
1970-04 142.36
1970-05 142.36
1970-06 142.36
1970-07 142.36
1970-08 146.01
1970-09 146.01
1970-10 146.01
1970-11 146.01
1970-12 146.01
1971-01 146.01
1971-02 146.01
1971-03 149.66
1971-04 149.66
1971-05 149.66
1971-06 149.66
1971-07 149.66
1971-08 153.31
1971-09 153.31
1971-10 156.96
1971-11 156.96
1971-12 156.96
1972-01 156.96
1972-02 156.96
1972-03 156.96
1972-04 156.96
1972-05 156.96
1972-06 156.96
1972-07 160.61
1972-08 164.26
1972-09 164.26
1972-10 167.91
1972-11 167.91
1972-12 167.91
1973-01 167.91
1973-02 167.91
1973-03 171.56
1973-04 175.21
1973-05 175.21
1973-06 175.21
1973-07 178.86
1973-08 178.86
1973-09 178.86
1973-10 182.51
1973-11 182.51
1973-12 182.51
1974-01 186.16
1974-02 186.16
1974-03 189.81
1974-04 189.81
1974-05 193.46
1974-06 197.11
1974-07 197.11
1974-08 200.76
1974-09 204.41
1974-10 204.41
1974-11 208.06
1974-12 208.06
1975-01 211.71
1975-02 215.36
1975-03 215.36
1975-04 219.02
1975-05 219.02
1975-06 222.67
1975-07 226.32
1975-08 226.32
1975-09 229.97
1975-10 229.97
1975-11 233.62
1975-12 233.62
1976-01 233.62
1976-02 237.27
1976-03 240.92
1976-04 244.57
1976-05 244.57
1976-06 248.22
1976-07 248.22
1976-08 255.52
1976-09 255.52
1976-10 255.52
1976-11 255.52
1976-12 259.17
1977-01 262.82
1977-02 262.82
1977-03 266.47
1977-04 273.77
1977-05 273.77
1977-06 273.77
1977-07 277.42
1977-08 281.07
1977-09 281.07
1977-10 284.72
1977-11 284.72
1977-12 288.37
1978-01 292.02
1978-02 292.02
1978-03 292.02
1978-04 299.32
1978-05 299.32
1978-06 299.32
1978-07 310.27
1978-08 313.92
1978-09 317.57
1978-10 321.22
1978-11 321.22
1978-12 321.22
1979-01 324.87
1979-02 328.52
1979-03 332.17
1979-04 335.82
1979-05 335.82
1979-06 339.47
1979-07 354.07
1979-08 357.72
1979-09 361.38
1979-10 365.03
1979-11 365.03
1979-12 368.68
1980-01 368.68
1980-02 372.33
1980-03 375.98
1980-04 379.63
1980-05 383.28
1980-06 390.58
1980-07 397.88
1980-08 397.88
1980-09 408.83
1980-10 416.13
1980-11 419.78
1980-12 427.08
1981-01 427.08
1981-02 434.38
1981-03 434.38
1981-04 438.03
1981-05 441.68
1981-06 445.33
1981-07 456.28
1981-08 463.58
1981-09 474.53
1981-10 478.18
1981-11 481.83
1981-12 485.48
1982-01 485.48
1982-02 492.78
1982-03 503.74
1982-04 511.04
1982-05 514.69
1982-06 518.34
1982-07 521.99
1982-08 529.29
1982-09 536.59
1982-10 543.89
1982-11 551.19
1982-12 551.19
1983-01 554.84
1983-02 565.79
1983-03 569.44
1983-04 576.74
1983-05 580.39
1983-06 580.39
1983-07 587.69
1983-08 594.99
1983-09 598.64
1983-10 602.29
1983-11 609.59
1983-12 609.59
1984-01 613.24
1984-02 620.54
1984-03 627.84
1984-04 638.79
1984-05 646.1
1984-06 649.75
1984-07 657.05
1984-08 664.35
1984-09 668
1984-10 678.95
1984-11 686.25
1984-12 689.9
1985-01 697.2
1985-02 722.75
1985-03 722.75
1985-04 741
1985-05 748.3
1985-06 759.25
1985-07 762.9
1985-08 770.2
1985-09 781.15
1985-10 792.11
1985-11 803.06
1985-12 817.66
1986-01 843.21
1986-02 850.51
1986-03 861.46
1986-04 876.06
1986-05 876.06
1986-06 887.01
1986-07 905.26
1986-08 916.21
1986-09 934.46
1986-10 945.42
1986-11 956.37
1986-12 967.32
1987-01 978.27
1987-02 992.87
1987-03 1,007.47
1987-04 1,022.07
1987-05 1,029.37
1987-06 1,040.32
1987-07 1,047.62
1987-08 1,065.87
1987-09 1,080.48
1987-10 1,091.43
1987-11 1,102.38
1987-12 1,109.68
1988-01 1,116.98
1988-02 1,124.28
1988-03 1,142.53
1988-04 1,153.48
1988-05 1,164.43
1988-06 1,168.08
1988-07 1,182.68
1988-08 1,197.28
1988-09 1,211.88
1988-10 1,226.49
1988-11 1,237.44
1988-12 1,248.39
1989-01 1,266.64
1989-02 1,277.59
1989-03 1,299.49
1989-04 1,317.74
1989-05 1,335.99
1989-06 1,350.59
1989-07 1,365.2
1989-08 1,383.45
1989-09 1,394.4
1989-10 1,405.35
1989-11 1,423.6
1989-12 1,441.85
1990-01 1,460.1
1990-02 1,471.05
1990-03 1,492.95
1990-04 1,507.56
1990-05 1,522.16
1990-06 1,533.11
1990-07 1,544.06
1990-08 1,569.61
1990-09 1,595.16
1990-10 1,606.11
1990-11 1,638.96
1990-12 1,649.92
1991-01 1,668.17
1991-02 1,690.07
1991-03 1,704.67
1991-04 1,730.22
1991-05 1,755.77
1991-06 1,766.72
1991-07 1,788.62
1991-08 1,814.18
1991-09 1,839.73
1991-10 1,872.58
1991-11 1,890.83
1991-12 1,920.03
1992-01 1,938.29
1992-02 1,956.54
1992-03 1,971.14
1992-04 1,996.69
1992-05 2,011.29
1992-06 2,033.19
1992-07 2,051.44
1992-08 2,073.34
1992-09 2,087.95
1992-10 2,091.6
1992-11 2,102.55
1992-12 2,102.55
1993-01 2,124.45
1993-02 2,131.75
1993-03 2,160.95
1993-04 2,219.36
1993-05 2,226.66
1993-06 2,237.61
1993-07 2,255.86
1993-08 2,266.81
1993-09 2,274.11
1993-10 2,292.36
1993-11 2,296.01
1993-12 2,303.31
1994-01 2,336.16
1994-02 2,343.46
1994-03 2,358.06
1994-04 2,372.67
1994-05 2,387.27
1994-06 2,401.87
1994-07 2,438.37
1994-08 2,474.87
1994-09 2,504.08
1994-10 2,515.03
1994-11 2,522.33
1994-12 2,529.63
1995-01 2,562.48
1995-02 2,573.43
1995-03 2,602.63
1995-04 2,635.48
1995-05 2,646.44
1995-06 2,642.78
1995-07 2,657.39
1995-08 2,664.69
1995-09 2,668.34
1995-10 2,675.64
1995-11 2,682.94
1995-12 2,704.84
1996-01 2,737.69
1996-02 2,741.34
1996-03 2,763.24
1996-04 2,781.49
1996-05 2,799.74
1996-06 2,825.3
1996-07 2,847.2
1996-08 2,861.8
1996-09 2,891
1996-10 2,916.55
1996-11 2,927.5
1996-12 2,956.71
1997-01 2,993.21
1997-02 3,011.46
1997-03 3,029.71
1997-04 3,055.26
1997-05 3,066.21
1997-06 3,073.51
1997-07 3,106.37
1997-08 3,110.02
1997-09 3,124.62
1997-10 3,139.22
1997-11 3,128.27
1997-12 3,139.22
1998-01 3,164.77
1998-02 3,172.07
1998-03 3,193.97
1998-04 3,208.57
1998-05 3,223.17
1998-06 3,234.13
1998-07 3,310.78
1998-08 3,347.28
1998-09 3,405.69
1998-10 3,420.29
1998-11 3,420.29
1998-12 3,420.29
1999-01 3,445.84
1999-02 3,445.84
1999-03 3,445.84
1999-04 3,453.14
1999-05 3,449.49
1999-06 3,467.74
1999-07 3,471.39
1999-08 3,456.79
1999-09 3,471.39
1999-10 3,478.69
1999-11 3,485.99
1999-12 3,496.94
2000-01 3,537.1
2000-02 3,526.15
2000-03 3,562.65
2000-04 3,610.1
2000-05 3,624.7
2000-06 3,646.6
2000-07 3,679.46
2000-08 3,694.06
2000-09 3,712.31
2000-10 3,723.26
2000-11 3,730.56
2000-12 3,741.51
2001-01 3,788.96
2001-02 3,799.92
2001-03 3,825.47
2001-04 3,843.72
2001-05 3,858.32
2001-06 3,876.57
2001-07 3,872.92
2001-08 3,865.62
2001-09 3,876.57
2001-10 3,872.92
2001-11 3,891.17
2001-12 3,913.07
2002-01 3,978.78
2002-02 4,026.81
2002-03 4,067.21
2002-04 4,136.53
2002-05 4,156.73
2002-06 4,192.21
2002-07 4,258.8
2002-08 4,281.73
2002-09 4,319.39
2002-10 4,383.81
2002-11 4,436.21
2002-12 4,441.67
2003-01 4,477.69
2003-02 4,472.78
2003-03 4,498.98
2003-04 4,509.35
2003-05 4,509.35
2003-06 4,501.17
2003-07 4,478.24
2003-08 4,488.07
2003-09 4,457.5
2003-10 4,423.11
2003-11 4,372.89
2003-12 4,369.07
2004-01 4,388.17
2004-02 4,401.82
2004-03 4,422.56
2004-04 4,427.48
2004-05 4,428.02
2004-06 4,431.84
2004-07 4,440.58
2004-08 4,431.84
2004-09 4,432.93
2004-10 4,445.49
2004-11 4,471.69
2004-12 4,465.14
2005-01 4,478.79
2005-02 4,480.97
2005-03 4,508.26
2005-04 4,521.91
2005-05 4,510.99
2005-06 4,501.71
2005-07 4,535.01
2005-08 4,542.65
2005-09 4,546.47
2005-10 4,551.93
2005-11 4,550.84
2005-12 4,555.21
2006-01 4,572.67
2006-02 4,578.68
2006-03 4,592.32
2006-04 4,603.24
2006-05 4,620.71
2006-06 4,654.55
2006-07 4,686.76
2006-08 4,718.96
2006-09 4,730.97
2006-10 4,756.08
2006-11 4,756.08
2006-12 4,774.64
2007-01 4,809.58
2007-02 4,803.57
2007-03 4,836.87
2007-04 4,877.81
2007-05 4,900.19
2007-06 4,935.13
2007-07 4,977.7
2007-08 5,009.36
2007-09 5,037.75
2007-10 5,084.15
2007-11 5,099.98
2007-12 5,136
2008-01 5,207.51
2008-02 5,219.97
2008-03 5,294.72
2008-04 5,332.09
2008-05 5,369.47
2008-06 5,444.21
2008-07 5,531.42
2008-08 5,568.8
2008-09 5,593.71
2008-10 5,618.63
2008-11 5,618.63
2008-12 5,606.17
2009-01 5,643.55
2009-02 5,693.38
2009-03 5,780.59
2009-04 5,805.5
2009-05 5,817.96
2009-06 5,842.88
2009-07 5,892.71
2009-08 5,917.62
2009-09 5,930.08
2009-10 5,930.08
2009-11 5,930.08
2009-12 5,955
2010-01 5,967.46
2010-02 6,004.83
2010-03 6,054.66
2010-04 6,054.66
2010-05 6,067.12
2010-06 6,067.12
2010-07 6,116.96
2010-08 6,116.96
2010-09 6,116.96
2010-10 6,129.41
2010-11 6,141.87
2010-12 6,154.33
2011-01 6,191.7
2011-02 6,216.62
2011-03 6,291.37
2011-04 6,316.29
2011-05 6,341.2
2011-06 6,378.58
2011-07 6,428.41
2011-08 6,428.41
2011-09 6,478.24
2011-10 6,515.62
2011-11 6,515.62
2011-12 6,540.53
2012-01 6,565.45
2012-02 6,602.82
2012-03 6,677.57
2012-04 6,714.95
2012-05 6,714.95
2012-06 6,739.86
2012-07 6,739.86
2012-08 6,777.24
2012-09 6,827.07
2012-10 6,876.9
2012-11 6,889.36
2012-12 6,914.28
2013-01 6,939.19
2013-02 7,001.48
2013-03 7,088.69
2013-04 7,101.15
2013-05 7,088.69
2013-06 7,101.15
2013-07 7,175.9
2013-08 7,200.82
2013-09 7,238.19
2013-10 7,250.65
2013-11 7,263.11
2013-12 7,275.56
2014-01 7,325.4
2014-02 7,412.6
2014-03 7,499.81
2014-04 7,549.64
2014-05 7,562.1
2014-06 7,587.02
2014-07 7,649.31
2014-08 7,674.23
2014-09 7,674.23
2014-10 7,686.68
2014-11 7,686.68
2014-12 7,674.23
2015-01 7,661.77
2015-02 7,711.6
2015-03 7,811.26
2015-04 7,886.01
2015-05 7,898.47
2015-06 7,935.85
2015-07 8,010.6
2015-08 8,010.6
2015-09 8,010.6
2015-10 8,035.51
2015-11 8,047.97
2015-12 8,072.88
2016-01 8,135.18
2016-02 8,247.3
2016-03 8,322.05
2016-04 8,396.8
2016-05 8,409.26
2016-06 8,459.09
2016-07 8,533.84
2016-08 8,521.38
2016-09 8,533.84
2016-10 8,571.21
2016-11 8,608.59
2016-12 8,633.5
2017-01 8,695.79
2017-02 8,783
2017-03 8,832.84
2017-04 8,845.29
2017-05 8,857.75
2017-06 8,882.66
2017-07 8,895.12
2017-08 8,907.59
2017-09 8,944.96
2017-10 8,982.33
2017-11 8,982.33
2017-12 9,019.71
2018-01 9,069.54
2018-02 9,119.37
2018-03 9,156.75
2018-04 9,219.04
2018-05 9,243.95
2018-06 9,268.87
2018-07 9,343.62
2018-08 9,331.16
2018-09 9,380.99
2018-10 9,430.83
2018-11 9,443.29
2018-12 9,430.83
2019-01 9,418.36
2019-02 9,493.11
2019-03 9,567.87
2019-04 9,617.69
2019-05 9,655.07
2019-06 9,679.99
2019-07 9,717.36
2019-08 9,742.28
2019-09 9,767.2
2019-10 9,767.2
2019-11 9,779.65
2019-12 9,804.57
2020-01 9,829.49
2020-02 9,916.69
2020-03 9,966.53
2020-04 9,904.23
2020-05 9,841.95
2020-06 9,891.78
2020-07 10,028.81
2020-08 10,041.28
2020-09 10,053.74
2020-10 10,091.11
2020-11 10,091.11
2020-12 10,103.56
2021-01 10,140.94
2021-02 10,215.69
2021-03 10,277.98
2021-04 10,352.73
2021-05 10,365.19
2021-06 10,390.1
2021-07 10,502.23
2021-08 10,539.6
2021-09 10,564.52
2021-10 10,601.89
2021-11 10,639.26
2021-12 10,701.56
2022-01 10,726.47
2022-02 10,788.77
2022-03 10,900.89
2022-04 10,975.64
2022-05 11,050.38
2022-06 11,162.51
2022-07 11,349.38
2022-08 11,374.3
2022-09 11,386.76
2022-10 11,424.13
2022-11 11,461.5
2022-12 11,511.34
2023-01 11,498.88
2023-02 11,586.09
2023-03 11,698.21
2023-04 11,748.04
2023-05 11,772.96
2023-06 11,797.88
2023-07 11,885.08
2023-08 11,922.46
2023-09 12,009.67
2023-10 12,121.79
2023-11 12,109.33
2023-12 12,109.33
2024-01 12,121.79
2024-02 12,221.45
2024-03 12,321.12
2024-04 12,346.03
2024-05 12,370.95
2024-06 12,383.41
2024-07 12,433.24
2024-08 12,445.7
2024-09 12,458.16
2024-10 12,458.16
2024-11 12,445.7
2024-12 12,458.16
2025-01 12,495.53

All available years

Today's value of South African rand by year:

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 | 2022 | 2023 | 2024 |

Other currencies: