AU$100 in 1945 → AU$2,525.00 in 2004

Australia Inflation Calculator


Australian Inflation Rate, 1945-2004 (AU$100)

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 5.63% per year. Prices in 2004 are 2425.0% higher than prices in 1945.

In other words, AU$100 in the year 1945 is equivalent in purchasing power to AU$2,525.00 in 2004, a difference of AU$2,425.00 over 59 years.

The inflation rate in 2004 was 2.28%.

Inflation from 1945 to 2004
Cumulative price change 2425.00%
Average inflation rate 5.63%
Price difference (AU$100 base) AU$2,425.00
CPI in 1945 3.2
CPI in 2004 80.8

AUD inflation chart from 1922 to 2017

How to calculate the inflation rate for AU$100, 1945 to 2004

This inflation calculator uses the following inflation rate formula:

CPI in 2004 / CPI in 1945 * 1945 AUD value = 2004 AUD value

Then plug in historical CPI values. The Australian CPI was 3.2 in the year 1945 and 80.8 in 2004:

80.8 / 3.2 * AU$100 = AU$2,525.00

AU$100 in 1945 has the same "purchasing power" as AU$2,525.00 in 2004.

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 2004 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018,

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