AU$100 in 1943 → AU$2,918.75 in 2009

Australia Inflation Calculator

AU$

Australian Inflation Rate, 1943-2009 (AU$100)

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 5.24% per year. Prices in 2009 are 2818.8% higher than prices in 1943.

In other words, AU$100 in the year 1943 is equivalent in purchasing power to AU$2,918.75 in 2009, a difference of AU$2,818.75 over 66 years.

The inflation rate in 2009 was 1.74%.

Inflation from 1943 to 2009
Cumulative price change 2818.75%
Average inflation rate 5.24%
Price difference (AU$100 base) AU$2,818.75
CPI in 1943 3.2
CPI in 2009 93.4


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$100, 1943 to 2009

This inflation calculator uses the following inflation rate formula:

CPI in 2009 / CPI in 1943 * 1943 AUD value = 2009 AUD value

Then plug in historical CPI values. The Australian CPI was 3.2 in the year 1943 and 93.4 in 2009:

93.4 / 3.2 * AU$100 = AU$2,918.75

AU$100 in 1943 has the same "purchasing power" as AU$2,918.75 in 2009.


News headlines from 1943

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

  • German general Friedrich von Paul surrenders to the Russians in Stalingrad.
  • The Japanese evacuate Guadalcanal, leading to one of the great WWII battles on the Solomon Islands
  • The Krakow Ghetto is liquidated by the Nazis.
  • The RAF bomb the Möhne and Eder dams in the Ruhr valley, in an operation known as Chastise.
  • Himmler orders the extermination of all the Nazi ghettos in 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: “1943 dollars in 2009 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 19 May. 2018, https://www.officialdata.org/1943-AUD-in-2009.


» Read more about inflation.