AU$100 in 1949 → AU$2,482.50 in 2011

Australia Inflation Calculator

AU$

Australian Inflation Rate, AU$100 in 1949 to 2011

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 5.32% per year. Prices in 2011 are 2382.5% higher than prices in 1949.

In other words, AU$100 in 1949 is equivalent in purchasing power to AU$2,482.50 in 2011, a difference of AU$2,382.50 over 62 years.

The inflation rate in 2011 was 3.33%.

Inflation from 1949 to 2011
Cumulative price change 2382.50%
Average inflation rate 5.32%
Converted amount (AU$100 base) AU$2,482.50
Price difference (AU$100 base) AU$2,382.50
CPI in 1949 4
CPI in 2011 99.3


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$100, 1949 to 2011

This inflation calculator uses the following inflation rate formula:

CPI in 2011 / CPI in 1949 * 1949 AUD value = 2011 AUD value

Then plug in historical CPI values. The Australian CPI was 4 in the year 1949 and 99.3 in 2011:

99.3 / 4 * AU$100 = AU$2,482.50

AU$100 in 1949 has the same "purchasing power" or "buying power" as AU$2,482.50 in 2011.


News headlines from 1949

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

  • David Ben-Gurion's Mapai party wins the first Israeli election.
  • The Federal Republic of Germany, or West Germany, is created by the combination of the American, British, and French occupation zones.
  • The Soviet Union ends the blockade of Berlin.
  • The People's Republic of China is proclaimed by Chinese Communist leaders.

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: “1949 dollars in 2011 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 Jun. 2018, https://www.officialdata.org/1949-AUD-in-2011.


» Read more about inflation.