$100 in 2013 is worth $105.41 in 2016

Value of $100 from 2013 to 2016

$100 in 2013 is equivalent in purchasing power to about $105.41 in 2016, an increase of $5.41 over 3 years. The dollar had an average inflation rate of 1.77% per year between 2013 and 2016, producing a cumulative price increase of 5.41%.

This means that prices in 2016 are 1.05 times as high as average prices since 2013, according to the Bureau of Statistics consumer price index.

The inflation rate in 2013 was 2.48%. The inflation rate in 2016 was 1.30%. The 2016 inflation rate is lower compared to the average inflation rate of 2.74% per year between 2016 and 2025.


Inflation from 2013 to 2016
Cumulative price change5.41%
Average inflation rate1.77%
Converted amount
$100 base
$105.41
Price difference
$100 base
$5.41
CPI in 2013103.500
CPI in 2016109.100
Inflation in 20132.48%
Inflation in 20161.30%
$100 in 2013$105.41 in 2016

Recent AUD inflation
Annual Rate, the Bureau of Statistics CPI
Download

Buying power of $100 in 2013

This chart shows a calculation of buying power equivalence for $100 in 2013 (price index tracking began in 1922).

For example, if you started with $100, you would need to end with $105.41 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $100 is equivalent to $105.41 over time, that means that the "real value" of a single Australian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.

This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 2013 dollars, the chart below shows how $100 is worth less over 3 years.

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

Dollar inflation: 2013-2016
YearDollar ValueInflation Rate
2013$100.002.48%
2014$102.512.51%
2015$104.061.51%
2016$105.411.30%
2017$107.441.92%
2018$109.471.89%
2019$111.211.59%
2020$112.170.87%
2021$115.362.84%
2022$123.006.62%
2023$129.375.18%
2024$133.723.36%
2025$134.400.51%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 2013 amounts in 2016 dollars, based on the 5.41% change in prices:

Conversion: 2013 dollars in 2016
Initial valueEquivalent value
$1 dollar in 2013$1.05 dollars in 2016
$5 dollars in 2013$5.27 dollars in 2016
$10 dollars in 2013$10.54 dollars in 2016
$50 dollars in 2013$52.71 dollars in 2016
$100 dollars in 2013$105.41 dollars in 2016
$500 dollars in 2013$527.05 dollars in 2016
$1,000 dollars in 2013$1,054.11 dollars in 2016
$5,000 dollars in 2013$5,270.53 dollars in 2016
$10,000 dollars in 2013$10,541.06 dollars in 2016
$50,000 dollars in 2013$52,705.31 dollars in 2016
$100,000 dollars in 2013$105,410.63 dollars in 2016
$500,000 dollars in 2013$527,053.14 dollars in 2016
$1,000,000 dollars in 2013$1,054,106.28 dollars in 2016

How to calculate inflation rate for $100, 2013 to 2016

Our calculations use the following inflation rate formula to calculate the change in value between 2013 and 2016:

CPI in 2016 CPI in 2013
×
2013 AUD value
=
2016 AUD value

Then plug in historical CPI values. The Australian CPI was 103.5 in the year 2013 and 109.1 in 2016:

109.1103.5
×
$100
=
$105.41

$100 in 2013 has the same "purchasing power" or "buying power" as $105.41 in 2016.

To get the total inflation rate for the 3 years between 2013 and 2016, we use the following formula:

CPI in 2016 - CPI in 2013CPI in 2013
×
100
=
Cumulative inflation rate (3 years)

Plugging in the values to this equation, we get:

109.1 - 103.5103.5
×
100
=
5%

Data source & citation

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: “2013 dollars in 2016 | Australia Inflation Calculator.” Official Inflation Data, Alioth Finance, 3 May. 2025, https://www.officialdata.org/2013-AUD-in-2016.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation from 2013 to 2016
Cumulative price change5.41%
Average inflation rate1.77%
Converted amount
$100 base
$105.41
Price difference
$100 base
$5.41
CPI in 2013103.500
CPI in 2016109.100
Inflation in 20132.48%
Inflation in 20161.30%
$100 in 2013$105.41 in 2016