Result: ¥100 in 2020 → ¥102.87 in 2024
Value of ¥100 from 2020 to 2024
Updated: April 10, 2025¥100 in 2020 is equivalent in purchasing power to about ¥102.87 today, an increase of ¥2.87 over 4 years. The renminbi had an average inflation rate of 0.71% per year between 2020 and today, producing a cumulative price increase of 2.87%.
This means that today's prices are 1.03 times as high as average prices since 2020, according to the OECD and the World Bank consumer price index for China. A renminbi today only buys 97.210% of what it could buy back then.
The inflation rate in 2020 was 2.42%. The current inflation rate compared to the end of last year is now -0.10%. If this number holds, ¥100 today will be equivalent in buying power to ¥99.90 next year.
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| Cumulative price change | 2.87% |
| Average inflation rate | 0.71% |
| Converted amount ¥100 base | ¥102.87 |
| Price difference ¥100 base | ¥2.87 |
| CPI in 2020 | 111.475 |
| CPI in 2024 | 114.669 |
| Inflation in 2020 | 2.42% |
| Inflation in 2024 | -0.10% |
| ¥100 in 2020 | ¥102.87 in 2024 |
Buying power of ¥100 in 2020
This chart shows a calculation of buying power equivalence for ¥100 in 2020 (price index tracking began in 1986).
For example, if you started with ¥100, you would need to end with ¥102.87 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When ¥100 is equivalent to ¥102.87 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 2020 dollars, the chart below shows how ¥100 is worth less over 4 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 2020 amounts in today's renminbi, based on the 2.87% change in prices:
| Initial value | Equivalent value |
|---|---|
| ¥1 renminbi in 2020 | ¥1.03 renminbi today |
| ¥5 renminbi in 2020 | ¥5.14 renminbi today |
| ¥10 renminbi in 2020 | ¥10.29 renminbi today |
| ¥50 renminbi in 2020 | ¥51.43 renminbi today |
| ¥100 renminbi in 2020 | ¥102.87 renminbi today |
| ¥500 renminbi in 2020 | ¥514.33 renminbi today |
| ¥1,000 renminbi in 2020 | ¥1,028.66 renminbi today |
| ¥5,000 renminbi in 2020 | ¥5,143.28 renminbi today |
| ¥10,000 renminbi in 2020 | ¥10,286.56 renminbi today |
| ¥50,000 renminbi in 2020 | ¥51,432.79 renminbi today |
| ¥100,000 renminbi in 2020 | ¥102,865.58 renminbi today |
| ¥500,000 renminbi in 2020 | ¥514,327.88 renminbi today |
| ¥1,000,000 renminbi in 2020 | ¥1,028,655.75 renminbi today |
How to calculate inflation rate for ¥100 since 2020
Our calculations use the following inflation rate formula to calculate the change in value between 2020 and today:
CPI today CPI in 2020
×
2020 CNY value
=
Today's value
Then plug in historical CPI values. The Chinese CPI was 111.475 in the year 2020 and 114.66939999999998 in 2024:
114.66939999999998111.475
×
¥100
=
¥102.87
¥100 in 2020 has the same "purchasing power" or "buying power" as ¥102.87 in 2024.
To get the total inflation rate for the 4 years between 2020 and 2024, we use the following formula:
CPI in 2024 - CPI in 2020CPI in 2020
×
100
=
Cumulative inflation rate (4 years)
Plugging in the values to this equation, we get:
114.66939999999998 - 111.475111.475
×
100
=
3%
Data source & citation
You may use the following MLA citation for this page: “¥100 in 2020 → 2024 | China Inflation Calculator.” Official Inflation Data, Alioth Finance, 4 May. 2025, https://www.officialdata.org/china/inflation/2020?amount=100.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 2.87% |
| Average inflation rate | 0.71% |
| Converted amount ¥100 base | ¥102.87 |
| Price difference ¥100 base | ¥2.87 |
| CPI in 2020 | 111.475 |
| CPI in 2024 | 114.669 |
| Inflation in 2020 | 2.42% |
| Inflation in 2024 | -0.10% |
| ¥100 in 2020 | ¥102.87 in 2024 |
