AU$100 in 1932 → AU$2,850.00 in 1999

Australia Inflation Calculator

AU$

Australian Inflation Rate, AU$100 in 1932 to 1999

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 5.13% per year. Prices in 1999 are 2750.0% higher than prices in 1932.

In other words, AU$100 in 1932 is equivalent in purchasing power to AU$2,850.00 in 1999, a difference of AU$2,750.00 over 67 years.

The inflation rate in 1999 was 1.48%.

Inflation from 1932 to 1999
Cumulative price change 2750.00%
Average inflation rate 5.13%
Converted amount (AU$100 base) AU$2,850.00
Price difference (AU$100 base) AU$2,750.00
CPI in 1932 2.4
CPI in 1999 68.4


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$100, 1932 to 1999

This inflation calculator uses the following inflation rate formula:

CPI in 1999 / CPI in 1932 * 1932 AUD value = 1999 AUD value

Then plug in historical CPI values. The Australian CPI was 2.4 in the year 1932 and 68.4 in 1999:

68.4 / 2.4 * AU$100 = AU$2,850.00

AU$100 in 1932 has the same "purchasing power" or "buying power" as AU$2,850.00 in 1999.


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 1999 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 Jun. 2018, https://www.officialdata.org/1932-AUD-in-1999.


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