AU$100 in 1943 → AU$3,365.63 in 2015

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Australian Inflation Rate, AU$100 in 1943 to 2015

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 5.00% per year. Prices in 2015 are 3265.6% higher than prices in 1943.

In other words, AU$100 in 1943 is equivalent in purchasing power to AU$3,365.63 in 2015, a difference of AU$3,265.63 over 72 years.

The inflation rate in 2015 was 1.51%.

Inflation from 1943 to 2015
Cumulative price change 3265.63%
Average inflation rate 5.00%
Converted amount (AU$100 base) AU$3,365.63
Price difference (AU$100 base) AU$3,265.63
CPI in 1943 3.2
CPI in 2015 107.7


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$100, 1943 to 2015

This inflation calculator uses the following inflation rate formula:

CPI in 2015 / CPI in 1943 * 1943 AUD value = 2015 AUD value

Then plug in historical CPI values. The Australian CPI was 3.2 in the year 1943 and 107.7 in 2015:

107.7 / 3.2 * AU$100 = AU$3,365.63

AU$100 in 1943 has the same "purchasing power" or "buying power" as AU$3,365.63 in 2015.


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 2015 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 Jun. 2018, https://www.officialdata.org/1943-AUD-in-2015.


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