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Value of 1933 US Dollars today

$100 in 1933
$2,432.72 in 2024

The inflation rate in the United States between 1933 and today has been 2,332.72%, which translates into a total increase of $2,332.72. This means that 100 dollars in 1933 are equivalent to 2,432.72 dollars in 2024. In other words, the purchasing power of $100 in 1933 equals $2,432.72 today. The average annual inflation rate between these periods has been 3.57%.

Inflation timeline in the United States (1933 - 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 (USD) 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 1933-2023 2,255.94%
Cumulative inflation 1933-today 2,332.72%
Avg. Annual inflation 1933-2023 3.57%
CPI 1933 12.93
CPI 2023 304.7
CPI 2024-05 (latest official data) 314.07
CPI today 314.63

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 1933 and 2023, use the corresponding CPI values:

Value2023
=Value1933 ×
CPI2023/CPI1933
=$ 100 ×
304.7/12.93
$2,355.94

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 314.63:

Valuetoday
=Value1933 ×
CPItoday/CPI1933
=$ 100 ×
314.63/12.93
$2,432.72

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 90 years between 1933 and 2023 and the average inflation rate was 3.5729%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=$100 × (1 + 0.035729)90
$2,355.94

US inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1933 $23.56 dollars in 2023
$5 dollars in 1933 $117.8 dollars in 2023
$10 dollars in 1933 $235.59 dollars in 2023
$50 dollars in 1933 $1,177.97 dollars in 2023
$100 dollars in 1933 $2,355.94 dollars in 2023
$500 dollars in 1933 $11,779.7 dollars in 2023
$1,000 dollars in 1933 $23,559.4 dollars in 2023
$5,000 dollars in 1933 $117,797 dollars in 2023
$10,000 dollars in 1933 $235,594.01 dollars in 2023
$50,000 dollars in 1933 $1,177,970.04 dollars in 2023
$100,000 dollars in 1933 $2,355,940.08 dollars in 2023
$500,000 dollars in 1933 $11,779,700.39 dollars in 2023
$1,000,000 dollars in 1933 $23,559,400.77 dollars in 2023
Cumulative inflation From 1933 2,332.72%
Avg. annual inflation From 1933 3.57%
CPI 1933 12.93
CPI today 314.63

Value of Dollar over time (by year)

Period Value
1933 100
1934 103.48
1935 106.12
1936 107.22
1937 111.21
1938 108.96
1939 107.54
1940 108.31
1941 113.85
1942 126.29
1943 133.83
1944 136.02
1945 139.11
1946 150.9
1947 172.62
1948 185.89
1949 184.09
1950 186.08
1951 200.71
1952 205.28
1953 206.96
1954 207.6
1955 207.02
1956 210.18
1957 217.2
1958 223.13
1959 225.39
1960 228.67
1961 231.12
1962 233.89
1963 236.79
1964 239.82
1965 243.62
1966 250.97
1967 257.93
1968 268.94
1969 283.63
1970 300.19
1971 313.08
1972 323.32
1973 343.3
1974 381.25
1975 416.11
1976 440.01
1977 468.62
1978 504.38
1979 561.15
1980 637.18
1981 703.03
1982 746.13
1983 770.1
1984 803.22
1985 831.7
1986 847.49
1987 878.54
1988 914.37
1989 958.51
1990 1,010.24
1991 1,053.03
1992 1,084.92
1993 1,116.95
1994 1,146.07
1995 1,178.22
1996 1,212.76
1997 1,241.11
1998 1,260.37
1999 1,287.95
2000 1,331.44
2001 1,369.07
2002 1,390.79
2003 1,422.36
2004 1,460.44
2005 1,509.99
2006 1,558.7
2007 1,603.16
2008 1,664.71
2009 1,658.79
2010 1,686
2011 1,739.22
2012 1,775.21
2013 1,801.21
2014 1,830.43
2015 1,832.61
2016 1,855.73
2017 1,895.25
2018 1,941.55
2019 1,976.73
2020 2,001.12
2021 2,095.13
2022 2,262.8
2023 2,355.94
2024-05 2,428.37
Today 2,432.72

All available years

Today's value of US dollars by year:

1913 | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 | 1920 | 1921 | 1922 | 1923 | 1924 | 1925 | 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 | 2022 | 2023 |

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