AU$100 in 1926 → AU$2,100 in 1993

Australia Inflation Calculator

AU$

Australian Inflation Rate, AU$100 in 1926 to 1993

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 4.65% per year. Prices in 1993 are 2000.0% higher than prices in 1926.

In other words, AU$100 in 1926 is equivalent in purchasing power to AU$2,100 in 1993, a difference of AU$2,000.00 over 67 years.

The inflation rate in 1993 was 1.67%.

Inflation from 1926 to 1993
Cumulative price change 2000.00%
Average inflation rate 4.65%
Converted amount (AU$100 base) AU$2,100
Price difference (AU$100 base) AU$2,000.00
CPI in 1926 2.9
CPI in 1993 60.9


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$100, 1926 to 1993

This inflation calculator uses the following inflation rate formula:

CPI in 1993 / CPI in 1926 * 1926 AUD value = 1993 AUD value

Then plug in historical CPI values. The Australian CPI was 2.9 in the year 1926 and 60.9 in 1993:

60.9 / 2.9 * AU$100 = AU$2,100

AU$100 in 1926 has the same "purchasing power" or "buying power" as AU$2,100 in 1993.


News headlines from 1926

Politics and news often influence economic performance. Here's what was happening at the time:

  • Abdulaziz Ibn Saud is declared King of Nejd and Hejaz.
  • In support of striking coal miners, Trade Union Congress calls for a general strike one minute to midnight, known as the British General Strike.
  • Trotsky and his followers are thrown out by the Russian Politburo.
  • Autonomy inside the British Commonwealth is gained after the Imperial Conference.

Inflation Data Source

Raw data for these calculations comes from the government of Australia's annual (CPI) as provided by the Reserve Bank of Australia. The consumer price index was established in 1922 and is tracked by Australian Bureau of Statistics (ABS).

You may use the following MLA citation for this page: “1926 dollars in 1993 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 18 Jun. 2018, https://www.officialdata.org/1926-AUD-in-1993.


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