AU$100 in 1927 → AU$2,821.43 in 2003

Australia Inflation Calculator


Australian Inflation Rate, AU$100 in 1927 to 2003

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 4.49% per year. Prices in 2003 are 2721.4% higher than prices in 1927.

In other words, AU$100 in 1927 is equivalent in purchasing power to AU$2,821.43 in 2003, a difference of AU$2,721.43 over 76 years.

The inflation rate in 2003 was 2.73%.

Inflation from 1927 to 2003
Cumulative price change 2721.43%
Average inflation rate 4.49%
Converted amount (AU$100 base) AU$2,821.43
Price difference (AU$100 base) AU$2,721.43
CPI in 1927 2.8
CPI in 2003 79

AUD inflation chart from 1922 to 2017

How to calculate the inflation rate for AU$100, 1927 to 2003

This inflation calculator uses the following inflation rate formula:

CPI in 2003 / CPI in 1927 * 1927 AUD value = 2003 AUD value

Then plug in historical CPI values. The Australian CPI was 2.8 in the year 1927 and 79 in 2003:

79 / 2.8 * AU$100 = AU$2,821.43

AU$100 in 1927 has the same "purchasing power" or "buying power" as AU$2,821.43 in 2003.

News headlines from 1927

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

  • The counter revolution begins in Shanghai by Kuomintang leader Chiang Kai-shek.
  • Charles Lindbergh completes the first non-stop flight over the Atlantic.
  • Saudi Arabia is granted its independence from Great Britain after signing the Treaty of Jeddah.

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: “1927 dollars in 2003 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 18 Jun. 2018,

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