# AU\$100 in 1936 → AU\$4,529.17 in 2016

## Australia Inflation Calculator

AU\$

### Australian Inflation Rate, 1936-2016 (AU\$100)

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 4.88% per year. Prices in 2016 are 4429.2% higher than prices in 1936.

In other words, AU\$100 in the year 1936 is equivalent in purchasing power to AU\$4,529.17 in 2016, a difference of AU\$4,429.17 over 80 years.

The inflation rate in 2016 was 0.93%.

 Cumulative price change 4429.17% Average inflation rate 4.88% Price difference (AU\$100 base) AU\$4,429.17 CPI in 1936 2.4 CPI in 2016 108.7

### How to calculate the inflation rate for AU\$100, 1936 to 2016

This inflation calculator uses the following inflation rate formula:

CPI in 2016 / CPI in 1936 * 1936 AUD value = 2016 AUD value

Then plug in historical CPI values. The Australian CPI was 2.4 in the year 1936 and 108.7 in 2016:

108.7 / 2.4 * AU\$100 = AU\$4,529.17

AU\$100 in 1936 has the same "purchasing power" as AU\$4,529.17 in 2016.

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.

### 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 2016 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 May. 2018, https://www.officialdata.org/1936-AUD-in-2016.