According to the Bureau of Statistics consumer price index, prices in 2010 are 2,903.12% higher than prices in 1945. The dollar experienced an average inflation rate of 5.37% per year during this period.

In other words, AU$100 in 1945 is equivalent in purchasing power to AU$3,003.12 in 2010, a difference of AU$2,903.12 over 65 years.

The 1945 inflation rate was 0.00%. The inflation rate in 2010 was 2.89%. The 2010 inflation rate is higher compared to the average inflation rate of 1.90% per year between 2010 and 2018.

Cumulative price change | 2903.12% |

Average inflation rate | 5.37% |

Converted amount (AU$100 base) | AU$3,003.12 |

Price difference (AU$100 base) | AU$2,903.12 |

CPI in 1945 | 3.2 |

CPI in 2010 | 96.1 |

Inflation in 1945 | 0.00% |

Inflation in 2010 | 2.89% |

This chart shows calculations of buying power equivalence over time for AU$100 in 1945 (price index tracking began in 1922).

According to the Bureau of Statistics, each of these AUD amounts below is equal in terms of what it could buy at the time:

Year | AUD Value | Inflation Rate |
---|---|---|

1945 | AU$100.00 | - |

1946 | AU$100.00 | 0.00% |

1947 | AU$106.25 | 6.25% |

1948 | AU$115.63 | 8.82% |

1949 | AU$125.00 | 8.11% |

1950 | AU$137.50 | 10.00% |

1951 | AU$162.50 | 18.18% |

1952 | AU$190.62 | 17.31% |

1953 | AU$200.00 | 4.92% |

1954 | AU$203.13 | 1.56% |

1955 | AU$206.25 | 1.54% |

1956 | AU$218.75 | 6.06% |

1957 | AU$225.00 | 2.86% |

1958 | AU$225.00 | 0.00% |

1959 | AU$231.25 | 2.78% |

1960 | AU$240.63 | 4.05% |

1961 | AU$243.75 | 1.30% |

1962 | AU$243.75 | 0.00% |

1963 | AU$246.88 | 1.28% |

1964 | AU$253.12 | 2.53% |

1965 | AU$262.50 | 3.70% |

1966 | AU$268.75 | 2.38% |

1967 | AU$278.13 | 3.49% |

1968 | AU$287.50 | 3.37% |

1969 | AU$296.88 | 3.26% |

1970 | AU$306.25 | 3.16% |

1971 | AU$325.00 | 6.12% |

1972 | AU$343.75 | 5.77% |

1973 | AU$375.00 | 9.09% |

1974 | AU$434.38 | 15.83% |

1975 | AU$500.00 | 15.11% |

1976 | AU$565.63 | 13.13% |

1977 | AU$634.38 | 12.15% |

1978 | AU$684.37 | 7.88% |

1979 | AU$746.87 | 9.13% |

1980 | AU$825.00 | 10.46% |

1981 | AU$903.12 | 9.47% |

1982 | AU$1,003.13 | 11.07% |

1983 | AU$1,106.25 | 10.28% |

1984 | AU$1,150.00 | 3.95% |

1985 | AU$1,225.00 | 6.52% |

1986 | AU$1,337.50 | 9.18% |

1987 | AU$1,450.00 | 8.41% |

1988 | AU$1,556.25 | 7.33% |

1989 | AU$1,671.88 | 7.43% |

1990 | AU$1,796.88 | 7.48% |

1991 | AU$1,853.12 | 3.13% |

1992 | AU$1,871.88 | 1.01% |

1993 | AU$1,903.13 | 1.67% |

1994 | AU$1,940.63 | 1.97% |

1995 | AU$2,031.25 | 4.67% |

1996 | AU$2,084.38 | 2.62% |

1997 | AU$2,090.63 | 0.30% |

1998 | AU$2,106.25 | 0.75% |

1999 | AU$2,137.50 | 1.48% |

2000 | AU$2,234.38 | 4.53% |

2001 | AU$2,331.25 | 4.34% |

2002 | AU$2,403.13 | 3.08% |

2003 | AU$2,468.75 | 2.73% |

2004 | AU$2,525.00 | 2.28% |

2005 | AU$2,593.75 | 2.72% |

2006 | AU$2,684.38 | 3.49% |

2007 | AU$2,746.88 | 2.33% |

2008 | AU$2,868.75 | 4.44% |

2009 | AU$2,918.75 | 1.74% |

2010 | AU$3,003.12 | 2.89% |

2011 | AU$3,103.12 | 3.33% |

2012 | AU$3,156.25 | 1.71% |

2013 | AU$3,234.38 | 2.48% |

2014 | AU$3,315.62 | 2.51% |

2015 | AU$3,365.63 | 1.51% |

2016 | AU$3,409.37 | 1.30% |

2017 | AU$3,475.00 | 1.92% |

2018 | AU$3,490.63 | 0.45%* |

This inflation calculator uses the following inflation rate formula:

CPI in 2010CPI in 1945

×

1945 AUD value

=

2010 AUD value

Then plug in historical CPI values. The Australian CPI was 3.2 in the year 1945 and 96.1 in 2010:

96.13.2

×

AU$100

=

AU$100 in 1945 has the same "purchasing power" or "buying power" as AU$3,003.12 in 2010.

To get the total inflation rate for the 65 years between 1945 and 2010, we use the following formula:

CPI in 2010 - CPI in 1945CPI in 1945

×

100

=

Plugging in the values to this equation, we get:

96.1 - 3.23.2

×

100

=

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.

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: “AU$100 in 1945 → 2010 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 14 Aug. 2018, https://www.officialdata.org/1945-AUD-in-2010?amount=100.