AU$100 in 1932 → AU$1,475 in 1983

Australia Inflation Calculator

AU$

Australian Inflation Rate, 1932-1983 (AU$100)

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 5.42% per year. Prices in 1983 are 1375.0% higher than prices in 1932.

In other words, AU$100 in the year 1932 is equivalent in purchasing power to AU$1,475 in 1983, a difference of AU$1,375.00 over 51 years.

The inflation rate in 1983 was 10.28%.

Inflation from 1932 to 1983
Cumulative price change 1375.00%
Average inflation rate 5.42%
Price difference (AU$100 base) AU$1,375.00
CPI in 1932 2.4
CPI in 1983 35.4


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$100, 1932 to 1983

This inflation calculator uses the following inflation rate formula:

CPI in 1983 / CPI in 1932 * 1932 AUD value = 1983 AUD value

Then plug in historical CPI values. The Australian CPI was 2.4 in the year 1932 and 35.4 in 1983:

35.4 / 2.4 * AU$100 = AU$1,475

AU$100 in 1932 has the same "purchasing power" as AU$1,475 in 1983.


News headlines from 1932

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

  • Opening of the Sydney Harbour Bridge.
  • The first female transatlantic solo flight is completed by Amelia Earhart.
  • The British Broadcasting Corporation begins overseas transmission.

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: “1932 dollars in 1983 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1932-AUD-in-1983.


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