Indonesia Inflation Calculator

Rp

Result: Rp100 in 1961 → Rp49,336,773.01 in 2020


Why a ruphia today is worth only 0.0% of a ruphia in 1961

Updated: September 11, 2020

According to the World Bank consumer price index for Indonesia, today's prices in 2020 are 49,336,673.01% higher than average prices since 1961. This means that a ruphia today only buys 0.00% of what it could buy in 1961. The Indonesian Ruphia experienced an average inflation rate of 24.88% per year during this period, causing the real value of a ruphia to decrease.

In other words, Rp100 in 1961 is equivalent in purchasing power to about Rp49,336,773.01 in 2020, a difference of Rp49,336,673.01 over 59 years. This inflation data is collected by the World Bank and is specific to Indonesia.

The 1961 inflation rate was 13.69%. The current year-over-year inflation rate (2019 to 2020) is now 3.03%1. If this number holds, Rp100 today will be equivalent in buying power to Rp103.03 next year.


Inflation from 1961 to 2020
Cumulative price change 49,336,673.01%
Average inflation rate 24.88%
Converted amount (Rp100 base) Rp49,336,773.01
Price difference (Rp100 base) Rp49,336,673.01
CPI in 1961 0.000
CPI in 2020 155.758
Inflation in 1961 13.69%
Inflation in 2020 3.03%

IDR Inflation since 1960
Annual Rate, the World Bank CPI
Download

Buying power of Rp100 in 1961

This chart shows a calculation of buying power equivalence for Rp100 in 1961 (price index tracking began in 1960).

For example, if you started with Rp100, you would need to end with Rp49,336,773.01 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When Rp100 is equivalent to Rp49,336,773.01 over time, that means that the "real value" of a single Indonesian ruphia decreases over time. In other words, a ruphia will pay for fewer items at the store.

This effect explains how inflation erodes the value of a ruphia over time. By calculating the value in 1961 dollars, the chart below shows how Rp100 is worth less over 59 years.

According to the World Bank, each of these IDR amounts below is equal in terms of what it could buy at the time:

Ruphia inflation: 1961-2020
Year Ruphia Value Inflation Rate
1961 Rp100.00 13.69%
1962 Rp231.40 131.40%
1963 Rp569.03 145.91%
1964 Rp1,189.25 108.99%
1965 Rp4,837.42 306.76%
1966 Rp59,802.79 1,136.25%
1967 Rp123,193.75 106.00%
1968 Rp281,920.32 128.84%
1969 Rp325,561.22 15.48%
1970 Rp365,929.07 12.40%
1971 Rp381,421.59 4.23%
1972 Rp406,296.95 6.52%
1973 Rp532,419.17 31.04%
1974 Rp748,005.22 40.49%
1975 Rp891,365.64 19.17%
1976 Rp1,068,111.44 19.83%
1977 Rp1,186,160.08 11.05%
1978 Rp1,282,388.30 8.11%
1979 Rp1,490,555.38 16.23%
1980 Rp1,759,383.46 18.04%
1981 Rp1,975,187.83 12.27%
1982 Rp2,161,752.69 9.45%
1983 Rp2,416,833.90 11.80%
1984 Rp2,669,514.72 10.46%
1985 Rp2,795,636.91 4.72%
1986 Rp2,958,417.54 5.82%
1987 Rp3,232,918.93 9.28%
1988 Rp3,493,019.13 8.05%
1989 Rp3,717,115.15 6.42%
1990 Rp4,007,763.50 7.82%
1991 Rp4,385,257.08 9.42%
1992 Rp4,715,182.65 7.52%
1993 Rp5,171,230.09 9.67%
1994 Rp5,612,439.71 8.53%
1995 Rp6,141,149.68 9.42%
1996 Rp6,630,800.79 7.97%
1997 Rp7,043,643.84 6.23%
1998 Rp11,160,727.23 58.45%
1999 Rp13,446,202.10 20.48%
2000 Rp13,942,181.29 3.69%
2001 Rp15,545,548.15 11.50%
2002 Rp17,395,486.66 11.90%
2003 Rp18,570,954.87 6.76%
2004 Rp19,697,108.69 6.06%
2005 Rp21,756,086.55 10.45%
2006 Rp24,608,020.59 13.11%
2007 Rp26,184,548.89 6.41%
2008 Rp28,862,354.87 10.23%
2009 Rp30,128,377.69 4.39%
2010 Rp31,675,230.07 5.13%
2011 Rp33,371,770.52 5.36%
2012 Rp34,799,915.44 4.28%
2013 Rp37,031,464.65 6.41%
2014 Rp39,399,599.19 6.39%
2015 Rp41,906,643.41 6.36%
2016 Rp43,384,190.01 3.53%
2017 Rp45,036,606.20 3.81%
2018 Rp46,477,032.88 3.20%
2019 Rp47,885,559.63 3.03%
2020 Rp49,336,773.01 3.03%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 53 more rows

This conversion table shows various other 1961 amounts in today's ruphias, based on the 49,336,673.01% change in prices:

Conversion Table: Value of a ruphia today
Initial value Equivalent value
Rp1 ruphia in 1961 Rp493,367.73 ruphias today
Rp5 ruphias in 1961 Rp2,466,838.65 ruphias today
Rp10 ruphias in 1961 Rp4,933,677.30 ruphias today
Rp50 ruphias in 1961 Rp24,668,386.51 ruphias today
Rp100 ruphias in 1961 Rp49,336,773.01 ruphias today
Rp500 ruphias in 1961 Rp246,683,865.06 ruphias today
Rp1,000 ruphias in 1961 Rp493,367,730.11 ruphias today
Rp5,000 ruphias in 1961 Rp2,466,838,650.55 ruphias today
Rp10,000 ruphias in 1961 Rp4,933,677,301.11 ruphias today
Rp50,000 ruphias in 1961 Rp24,668,386,505.54 ruphias today
Rp100,000 ruphias in 1961 Rp49,336,773,011.07 ruphias today
Rp500,000 ruphias in 1961 Rp246,683,865,055.36 ruphias today
Rp1,000,000 ruphias in 1961 Rp493,367,730,110.71 ruphias today

How to Calculate Inflation Rate for Rp100 since 1961

Our calculations use the following inflation rate formula to calculate the change in value between 1961 and today:

CPI today CPI in 1961
×
1961 IDR value
=
Today's value

Then plug in historical CPI values. The Indonesian CPI was 0.0003157041 in the year 1961 and 155.75821520364462 in 2020:

155.758215203644620.0003157041
×
Rp100
=
Rp49,336,773.01

Rp100 in 1961 has the same "purchasing power" or "buying power" as Rp49,336,773.01 in 2020.

To get the total inflation rate for the 59 years between 1961 and 2020, we use the following formula:

CPI in 2020 - CPI in 1961CPI in 1961
×
100
=
Cumulative inflation rate (59 years)

Plugging in the values to this equation, we get:

155.75821520364462 - 0.00031570410.0003157041
×
100
=
49,336,673%

News headlines from 1961

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

  • A dog named Chernushka, frogs, and a guinea pig orbit the Earth in the Soviet flight Sputnik 9.
  • Nelson Mandela is acquitted of treason after a four-and-a-half year trial.

Data Source & Citation

You may use the following MLA citation for this page: “Indonesia Inflation Calculator: World Bank data, 1961-2020 (IDR).” Official Inflation Data, Alioth Finance, 29 Sep. 2020, https://www.officialdata.org/indonesia/inflation.

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.

Email · LinkedIn · Twitter


» Read more about inflation and investment.

Inflation from 1961 to 2020
Cumulative price change 49,336,673.01%
Average inflation rate 24.88%
Converted amount (Rp100 base) Rp49,336,773.01
Price difference (Rp100 base) Rp49,336,673.01
CPI in 1961 0.000
CPI in 2020 155.758
Inflation in 1961 13.69%
Inflation in 2020 3.03%