The inflation rate in brand-new Zealand in between 1930 and today has been 5,003.89%, which translates right into a complete increase that $5,003.89. This means that 100 dollars in 1930 are tantamount to 5,103.89 dollars in 2021. In various other words, the purchasing strength of $100 in 1930 amounts to $5,103.89 today. The average yearly inflation rate has been 4.37%.

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Inflation timeline in new Zealand (1930-2021)

The adhering to chart depicts the equivalence the $100 transparent the years as result of inflation and CPI changes. All worths are tantamount in regards to purchasing power, which method that for each year the same items or services can be bought through the shown amount of money.


every calculations room performed in the local money (NZD) and using 6 decimal digits. Results display only up to 2 decimal number to favour readability. Inflation data is detailed by governments and international organizations on a monthly basis. Today"s values were acquired by estimating figures from recent trends.

The adhering to table contains relevant indicators:

Indicator worth
Total Inflation (1930-2021) 5,000.43%
Total Inflation* 5,003.89%
Annual inflation avg. (1930-2021) 4.42%
Annual inflation avg.* 4.37%
CPI 1930 2.12
CPI 2021 108.26
CPI today* 108.34
$1 in 1930 $51 in 2021

* values extrapolated native the last main data to achieve today"s values.

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How to calculation today"s worth of money after inflation?

There room several methods to calculate the moment value the money. Depending on the data available, results can be obtained by utilizing the compound attention formula or the consumer Price index (CPI) formula.

utilizing the compound interest formula

Given the money alters with time together a an outcome of one inflation rate that acts as a compound interest, the adhering to formula deserve to be used: FV = PV (1 + i)n, where:

FV: Future worth PV: present Value i: Interest price (inflation) n: variety of times the attention is compounded (i.e. # the years)

In this case, the future worth represents the last amount acquired after applying the inflation rate to ours initial value. In various other words, that indicates just how much space $100 precious today. There are 91 years in between 1930 and 2021 and also the typical inflation rate has actually been 4.3672%. Therefore, we deserve to resolve the formula choose this:

FV = PV (1 + i)n = $100 * (1 + 0.04)91 = $5,100.43

using the CPI formula

When the CPI because that both start and also end years is known, the adhering to formula deserve to be used:


final value = Initial worth *
CPI final/CPI early stage

In this case, the CPI in 1930 was 2.12 and the CPI today is 108.34. Therefore,


last value = Initial worth *
CPI final/CPI early
= $100 *
108.26/2.12
= $5,100.43

New zealand inflation - conversion table

Initial value tantamount value
$1 disagreement in 1930 $51.04 dollars today
$5 dollars in 1930 $255.19 dollars today
$10 dollars in 1930 $510.39 dollars today
$50 dollars in 1930 $2,551.94 dollars today
$100 dollars in 1930 $5,103.89 dollars today
$500 dollars in 1930 $25,519.44 dollars today
$1,000 dollars in 1930 $51,038.89 dollars today
$5,000 dollars in 1930 $255,194.44 dollars today
$10,000 dollars in 1930 $510,388.89 dollars today
$50,000 dollars in 1930 $2,551,944.44 dollars today
$100,000 dollars in 1930 $5,103,888.88 dollars today
$500,000 dollars in 1930 $25,519,444.4 dollars today
$1,000,000 dollars in 1930 $51,038,888.8 dollars today

period Value
1930 100
1931 96.01
1932 88.53
1933 80.36
1934 79.76
1935 80.76
1936 85.24
1937 88.04
1938 94.42
1939 95.01
1940 102.29
1941 105.08
1942 109.07
1943 113.36
1944 114.96
1945 116.65
1946 118.15
1947 117.95
1948 129.91
1949 132
1950 134.38
1951 145.86
1952 163.29
1953 170.81
1954 180.32
1955 184.67
1956 189.29
1957 198.02
1958 201.6
1959 214.63
1960 217.08
1961 220.48
1962 225.2
1963 229.92
1964 235.01
1965 245.58
1966 251.44
1967 257.36
1968 274.25
1969 288.16
1970 299.59
1971 329.4
1972 359.46
1973 379.08
1974 417.59
1975 470
1976 543.79
1977 628.86
1978 725.21
1979 798.46
1980 930.45
1981 1,080.57
1982 1,250.22
1983 1,441.48
1984 1,493.35
1985 1,633.72
1986 1,883.11
1987 2,226.58
1988 2,440.13
1989 2,555.11
1990 2,739.08
1991 2,871.95
1992 2,900.06
1993 2,938.38
1994 2,979.26
1995 3,062.68
1996 3,152.06
1997 3,232.5
1998 3,259.31
1999 3,271.23
2000 3,287.86
2001 3,418.59
2002 3,480.69
2003 3,575.47
2004 3,631.03
2005 3,729.08
2006 3,846.73
2007 3,948.08
2008 4,073.79
2009 4,211.29
2010 4,293.78
2011 4,466.64
2012 4,549.13
2013 4,592.35
2014 4,666.99
2015 4,702.34
2016 4,706.27
2017 4,769.12
2018 4,845.16
2019 4,936.67
2020 5,028.18
2021 5,100.43
Today 5,103.89