Result: $100 in 1968 → $144,078.90 in 2024
The Colombian Peso has lost 99.931% of its value since 1968
Updated: June 11, 2025$100 in 1968 is equivalent in purchasing power to about $144,078.90 today, an increase of $143,978.90 over 56 years. The peso had an average inflation rate of 13.87% per year between 1968 and today, producing a cumulative price increase of 143,978.90%.
This means that today's prices are 1,440.79 times as high as average prices since 1968, according to the OECD and the World Bank consumer price index for Colombia. A peso today only buys 0.069% of what it could buy back then.
The inflation rate in 1968 was 7.45%. The current inflation rate compared to the end of last year is now 9.54%. If this number holds, $100 today will be equivalent in buying power to $109.54 next year.
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| Cumulative price change | 143,978.90% |
| Average inflation rate | 13.87% |
| Converted amount $100 base | $144,078.90 |
| Price difference $100 base | $143,978.90 |
| CPI in 1968 | 0.119 |
| CPI in 2024 | 172.137 |
| Inflation in 1968 | 7.45% |
| Inflation in 2024 | 9.54% |
| $100 in 1968 | $144,078.90 in 2024 |
Buying power of $100 in 1968
This chart shows a calculation of buying power equivalence for $100 in 1968 (price index tracking began in 1959).
For example, if you started with $100, you would need to end with $144,078.90 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $144,078.90 over time, that means that the "real value" of a single Colombian peso decreases over time. In other words, a peso will pay for fewer items at the store.
This effect explains how inflation erodes the value of a peso over time. By calculating the value in 1968 dollars, the chart below shows how $100 is worth less over 56 years.
According to the OECD and the World Bank, each of these COP amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1968 amounts in today's pesos, based on the 143,978.90% change in prices:
| Initial value | Equivalent value |
|---|---|
| $1 peso in 1968 | $1,440.79 pesos today |
| $5 pesos in 1968 | $7,203.94 pesos today |
| $10 pesos in 1968 | $14,407.89 pesos today |
| $50 pesos in 1968 | $72,039.45 pesos today |
| $100 pesos in 1968 | $144,078.90 pesos today |
| $500 pesos in 1968 | $720,394.49 pesos today |
| $1,000 pesos in 1968 | $1,440,788.98 pesos today |
| $5,000 pesos in 1968 | $7,203,944.88 pesos today |
| $10,000 pesos in 1968 | $14,407,889.75 pesos today |
| $50,000 pesos in 1968 | $72,039,448.77 pesos today |
| $100,000 pesos in 1968 | $144,078,897.53 pesos today |
| $500,000 pesos in 1968 | $720,394,487.66 pesos today |
| $1,000,000 pesos in 1968 | $1,440,788,975.31 pesos today |
How to calculate inflation rate for $100 since 1968
Our calculations use the following inflation rate formula to calculate the change in value between 1968 and today:
CPI today CPI in 1968
×
1968 COP value
=
Today's value
Then plug in historical CPI values. The Colombian CPI was 0.11947395879419706 in the year 1968 and 172.13676266752657 in 2024:
172.136762667526570.11947395879419706
×
$100
=
$144,078.90
$100 in 1968 has the same "purchasing power" or "buying power" as $144,078.90 in 2024.
To get the total inflation rate for the 56 years between 1968 and 2024, we use the following formula:
CPI in 2024 - CPI in 1968CPI in 1968
×
100
=
Cumulative inflation rate (56 years)
Plugging in the values to this equation, we get:
172.13676266752657 - 0.119473958794197060.11947395879419706
×
100
=
143,979%
Data source & citation
You may use the following MLA citation for this page: “Value of 1968 Colombian Pesos today | Colombia Inflation Calculator.” Official Inflation Data, Alioth Finance, 25 Jul. 2025, https://www.officialdata.org/colombia/inflation/1968.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 143,978.90% |
| Average inflation rate | 13.87% |
| Converted amount $100 base | $144,078.90 |
| Price difference $100 base | $143,978.90 |
| CPI in 1968 | 0.119 |
| CPI in 2024 | 172.137 |
| Inflation in 1968 | 7.45% |
| Inflation in 2024 | 9.54% |
| $100 in 1968 | $144,078.90 in 2024 |
