Result: ¥1 in 2010 → ¥1.32 in 2024
Value of ¥1 from 2010 to 2024
Updated: September 11, 2025¥1 in 2010 is equivalent in purchasing power to about ¥1.32 today, an increase of ¥0.32 over 14 years. The renminbi had an average inflation rate of 1.99% per year between 2010 and today, producing a cumulative price increase of 31.78%.
This means that today's prices are 1.32 times as high as average prices since 2010, according to the OECD and the World Bank consumer price index for China. A renminbi today only buys 75.758% of what it could buy back then.
The inflation rate in 2010 was 3.18%. The current inflation rate compared to the end of last year is now -0.10%. If this number holds, the rate of inflation is so negligible that ¥1 today will roughly maintain its value.
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| Cumulative price change | 31.78% |
| Average inflation rate | 1.99% |
| Converted amount ¥1 base | ¥1.32 |
| Price difference ¥1 base | ¥0.32 |
| CPI in 2010 | 87.015 |
| CPI in 2024 | 114.669 |
| Inflation in 2010 | 3.18% |
| Inflation in 2024 | -0.10% |
| ¥1 in 2010 | ¥1.32 in 2024 |
Buying power of ¥1 in 2010
This chart shows a calculation of buying power equivalence for ¥1 in 2010 (price index tracking began in 1986).
For example, if you started with ¥1, you would need to end with ¥1.32 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When ¥1 is equivalent to ¥1.32 over time, that means that the "real value" of a single Chinese renminbi decreases over time. In other words, a renminbi will pay for fewer items at the store.
This effect explains how inflation erodes the value of a renminbi over time. By calculating the value in 2010 dollars, the chart below shows how ¥1 is worth less over 14 years.
According to the OECD and the World Bank, each of these CNY amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 2010 amounts in today's renminbi, based on the 31.78% change in prices:
| Initial value | Equivalent value |
|---|---|
| ¥1 renminbi in 2010 | ¥1.32 renminbi today |
| ¥5 renminbi in 2010 | ¥6.59 renminbi today |
| ¥10 renminbi in 2010 | ¥13.18 renminbi today |
| ¥50 renminbi in 2010 | ¥65.89 renminbi today |
| ¥100 renminbi in 2010 | ¥131.78 renminbi today |
| ¥500 renminbi in 2010 | ¥658.90 renminbi today |
| ¥1,000 renminbi in 2010 | ¥1,317.81 renminbi today |
| ¥5,000 renminbi in 2010 | ¥6,589.03 renminbi today |
| ¥10,000 renminbi in 2010 | ¥13,178.05 renminbi today |
| ¥50,000 renminbi in 2010 | ¥65,890.25 renminbi today |
| ¥100,000 renminbi in 2010 | ¥131,780.51 renminbi today |
| ¥500,000 renminbi in 2010 | ¥658,902.53 renminbi today |
| ¥1,000,000 renminbi in 2010 | ¥1,317,805.06 renminbi today |
How to calculate inflation rate for ¥1 since 2010
Our calculations use the following inflation rate formula to calculate the change in value between 2010 and today:
CPI today CPI in 2010
×
2010 CNY value
=
Today's value
Then plug in historical CPI values. The Chinese CPI was 87.01545 in the year 2010 and 114.66939999999998 in 2024:
114.6693999999999887.01545
×
¥1
=
¥1.32
¥1 in 2010 has the same "purchasing power" or "buying power" as ¥1.32 in 2024.
To get the total inflation rate for the 14 years between 2010 and 2024, we use the following formula:
CPI in 2024 - CPI in 2010CPI in 2010
×
100
=
Cumulative inflation rate (14 years)
Plugging in the values to this equation, we get:
114.66939999999998 - 87.0154587.01545
×
100
=
32%
Data source & citation
You may use the following MLA citation for this page: “¥1 in 2010 → 2024 | China Inflation Calculator.” Official Inflation Data, Alioth Finance, 14 Dec. 2025, https://www.officialdata.org/china/inflation/2010?amount=1.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 31.78% |
| Average inflation rate | 1.99% |
| Converted amount ¥1 base | ¥1.32 |
| Price difference ¥1 base | ¥0.32 |
| CPI in 2010 | 87.015 |
| CPI in 2024 | 114.669 |
| Inflation in 2010 | 3.18% |
| Inflation in 2024 | -0.10% |
| ¥1 in 2010 | ¥1.32 in 2024 |