AU$100 in 1936 → AU$2,808.33 in 1998

Australia Inflation Calculator

AU$

Australian Inflation Rate, AU$100 in 1936 to 1998

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 5.53% per year. Prices in 1998 are 2708.3% higher than prices in 1936.

In other words, AU$100 in 1936 is equivalent in purchasing power to AU$2,808.33 in 1998, a difference of AU$2,708.33 over 62 years.

The inflation rate in 1998 was 0.75%.

Inflation from 1936 to 1998
Cumulative price change 2708.33%
Average inflation rate 5.53%
Converted amount (AU$100 base) AU$2,808.33
Price difference (AU$100 base) AU$2,708.33
CPI in 1936 2.4
CPI in 1998 67.4


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$100, 1936 to 1998

This inflation calculator uses the following inflation rate formula:

CPI in 1998 / CPI in 1936 * 1936 AUD value = 1998 AUD value

Then plug in historical CPI values. The Australian CPI was 2.4 in the year 1936 and 67.4 in 1998:

67.4 / 2.4 * AU$100 = AU$2,808.33

AU$100 in 1936 has the same "purchasing power" or "buying power" as AU$2,808.33 in 1998.


News headlines from 1936

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

  • Hitler violates the Versailles treaty by sending his troops into the Rhineland.
  • Spanish generals Francisco Franco and Emilio Mola begin a right wing uprising in Spain signalling the start of the Spanish Civil War.
  • Doctors administer the first radioactive isotope medicine in Berkley, California.

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: “1936 dollars in 1998 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 Jun. 2018, https://www.officialdata.org/1936-AUD-in-1998.


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