AU$100 in 1945 → AU$1,940.63 in 1994

Australia Inflation Calculator


Australian Inflation Rate, 1945-1994 (AU$100)

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 6.24% per year. Prices in 1994 are 1840.6% higher than prices in 1945.

In other words, AU$100 in the year 1945 is equivalent in purchasing power to AU$1,940.63 in 1994, a difference of AU$1,840.63 over 49 years.

The inflation rate in 1994 was 1.97%.

Inflation from 1945 to 1994
Cumulative price change 1840.63%
Average inflation rate 6.24%
Price difference (AU$100 base) AU$1,840.63
CPI in 1945 3.2
CPI in 1994 62.1

AUD inflation chart from 1922 to 2017

How to calculate the inflation rate for AU$100, 1945 to 1994

This inflation calculator uses the following inflation rate formula:

CPI in 1994 / CPI in 1945 * 1945 AUD value = 1994 AUD value

Then plug in historical CPI values. The Australian CPI was 3.2 in the year 1945 and 62.1 in 1994:

62.1 / 3.2 * AU$100 = AU$1,940.63

AU$100 in 1945 has the same "purchasing power" as AU$1,940.63 in 1994.

News headlines from 1945

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

  • The USSR captures Budapest from Germany in a battle that kills 159,000 people.
  • The US Fleet captures Iwo Jima.
  • 1,500 US Navy ships bomb Okinawa: the operation is believed to be the largest of World War II
  • Iwo Jima is occupied by America, costing 6,000 American lives and a further 18,000 Japanese lives.
  • Buchenwald, the first Nazi concentration camp, is liberated.

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: “1945 dollars in 1994 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 27 May. 2018,

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