AU$100 in 1932 → AU$2,229.17 in 1989

Australia Inflation Calculator


Australian Inflation Rate, AU$100 in 1932 to 1989

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 5.60% per year. Prices in 1989 are 2129.2% higher than prices in 1932.

In other words, AU$100 in 1932 is equivalent in purchasing power to AU$2,229.17 in 1989, a difference of AU$2,129.17 over 57 years.

The inflation rate in 1989 was 7.43%.

Inflation from 1932 to 1989
Cumulative price change 2129.17%
Average inflation rate 5.60%
Converted amount (AU$100 base) AU$2,229.17
Price difference (AU$100 base) AU$2,129.17
CPI in 1932 2.4
CPI in 1989 53.5

AUD inflation chart from 1922 to 2017

How to calculate the inflation rate for AU$100, 1932 to 1989

This inflation calculator uses the following inflation rate formula:

CPI in 1989 / CPI in 1932 * 1932 AUD value = 1989 AUD value

Then plug in historical CPI values. The Australian CPI was 2.4 in the year 1932 and 53.5 in 1989:

53.5 / 2.4 * AU$100 = AU$2,229.17

AU$100 in 1932 has the same "purchasing power" or "buying power" as AU$2,229.17 in 1989.

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 1989 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 Jun. 2018,

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