# AU\$100 in 1941 → AU\$3,977.47 in 2018

## Australia Inflation Calculator

AU\$

### Australian Inflation Rate, 1941-2018 (AU\$100)

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 4.90% per year. Prices in 2018 are 3877.5% higher than prices in 1941.

In other words, AU\$100 in the year 1941 is equivalent in purchasing power to AU\$3,977.47 in 2018, a difference of AU\$3,877.47 over 77 years.

Compared to last year's annual rate, the inflation rate in 2018 is now 1.80%1. If this number holds, AU\$100 today would be equivalent to AU\$101.80 next year.

 Cumulative price change 3877.47% Average inflation rate 4.90% Price difference (AU\$100 base) AU\$3,877.47 CPI in 1941 2.8 CPI in 2018 111.3692

### How to calculate the inflation rate for AU\$100 since 1941

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 1941 * 1941 AUD value = 2018 AUD value

Then plug in historical CPI values. The Australian CPI was 2.8 in the year 1941 and 111.3692 in 2018:

111.3692 / 2.8 * AU\$100 = AU\$3,977.47

AU\$100 in 1941 has the same "purchasing power" as AU\$3,977.47 in 2018.