AU$100 in 1939 → AU$2,592.31 in 1998

Australia Inflation Calculator


Australian Inflation Rate, AU$100 in 1939 to 1998

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 5.67% per year. Prices in 1998 are 2492.3% higher than prices in 1939.

In other words, AU$100 in 1939 is equivalent in purchasing power to AU$2,592.31 in 1998, a difference of AU$2,492.31 over 59 years.

The inflation rate in 1998 was 0.75%.

Inflation from 1939 to 1998
Cumulative price change 2492.31%
Average inflation rate 5.67%
Converted amount (AU$100 base) AU$2,592.31
Price difference (AU$100 base) AU$2,492.31
CPI in 1939 2.6
CPI in 1998 67.4

AUD inflation chart from 1922 to 2017

How to calculate the inflation rate for AU$100, 1939 to 1998

This inflation calculator uses the following inflation rate formula:

CPI in 1998 / CPI in 1939 * 1939 AUD value = 1998 AUD value

Then plug in historical CPI values. The Australian CPI was 2.6 in the year 1939 and 67.4 in 1998:

67.4 / 2.6 * AU$100 = AU$2,592.31

AU$100 in 1939 has the same "purchasing power" or "buying power" as AU$2,592.31 in 1998.

News headlines from 1939

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

  • Hitler makes a speech to the German Reichstag where he threatens Jews.
  • Mahatma Gandhi begins his fast in protest against Britain’s autocratic rule in India
  • The Battle of Nanchang takes place between the Kuomintang ant the Japanese, during Sino-Japanese War.
  • The Spanish Civil War ends when Madrid falls to Francisco Franco.
  • Britain and France declare war on Germany after it invades Poland, signaling the start of World War II.
  • Mussolini’s Italy joins Hitler's war against Great Britain and France.
  • Winston Churchill is named British Prime Minister, succeeding Neville Chamberlain.
  • Nazi blitzkrieg conquest of France begins when the Germans cross the Muese River.
  • Auschwitz concentration camp is opened in Nazi-controlled Poland,.

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: “1939 dollars in 1998 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 Jun. 2018,

» Read more about inflation.