# AU\$100 in 1951 → AU\$707.69 in 1984

## Australia Inflation Calculator

AU\$

### Australian Inflation Rate, 1951-1984 (AU\$100)

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 6.11% per year. Prices in 1984 are 607.7% higher than prices in 1951.

In other words, AU\$100 in the year 1951 is equivalent in purchasing power to AU\$707.69 in 1984, a difference of AU\$607.69 over 33 years.

The inflation rate in 1984 was 3.95%.

 Cumulative price change 607.69% Average inflation rate 6.11% Price difference (AU\$100 base) AU\$607.69 CPI in 1951 5.2 CPI in 1984 36.8

### How to calculate the inflation rate for AU\$100, 1951 to 1984

This inflation calculator uses the following inflation rate formula:

CPI in 1984 / CPI in 1951 * 1951 AUD value = 1984 AUD value

Then plug in historical CPI values. The Australian CPI was 5.2 in the year 1951 and 36.8 in 1984:

36.8 / 5.2 * AU\$100 = AU\$707.69

AU\$100 in 1951 has the same "purchasing power" as AU\$707.69 in 1984.

### News headlines from 1951

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

• Stalin's announces that the USSR has developed an atomic bomb.
• Luis Miramontes, a Mexican chemist, successfully synthesises the first oral contraceptive.
• The first underground atomic explosion happens at Frenchman Flat, Nevada.

### 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: “1951 dollars in 1984 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 19 May. 2018, https://www.officialdata.org/1951-AUD-in-1984.