Result: Rp100 in 1961 → Rp50,831,966.67 in 2021
Rp100 in 1961 is equivalent in purchasing power to about Rp50,831,966.67 today, an increase of Rp50,831,866.67 over 60 years. The ruphia had an average inflation rate of 24.48% per year between 1961 and today, producing a cumulative price increase of 50,831,866.67%.
This means that today's prices are 508,319.67 times higher than average prices since 1961, according to the World Bank consumer price index for Indonesia. A ruphia today only buys 0.00% of what it could buy back then.
The 1961 inflation rate was 13.69%. The current year-over-year inflation rate (2020 to 2021) is now 3.03%1. If this number holds, Rp100 today will be equivalent in buying power to Rp103.03 next year.
Cumulative price change | 50,831,866.67% |
Average inflation rate | 24.48% |
Converted amount (Rp100 base) | Rp50,831,966.67 |
Price difference (Rp100 base) | Rp50,831,866.67 |
CPI in 1961 | 0.000 |
CPI in 2021 | 160.479 |
Inflation in 1961 | 13.69% |
Inflation in 2021 | 3.03% |
Rp100 in 1961 | Rp50,831,966.67 in 2021 |
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 Rp50,831,966.67 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When Rp100 is equivalent to Rp50,831,966.67 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 60 years.
According to the World Bank, each of these IDR amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1961 amounts in today's ruphias, based on the 50,831,866.67% change in prices:
Initial value | Equivalent value |
---|---|
Rp1 ruphia in 1961 | Rp508,319.67 ruphias today |
Rp5 ruphias in 1961 | Rp2,541,598.33 ruphias today |
Rp10 ruphias in 1961 | Rp5,083,196.67 ruphias today |
Rp50 ruphias in 1961 | Rp25,415,983.33 ruphias today |
Rp100 ruphias in 1961 | Rp50,831,966.67 ruphias today |
Rp500 ruphias in 1961 | Rp254,159,833.34 ruphias today |
Rp1,000 ruphias in 1961 | Rp508,319,666.67 ruphias today |
Rp5,000 ruphias in 1961 | Rp2,541,598,333.37 ruphias today |
Rp10,000 ruphias in 1961 | Rp5,083,196,666.74 ruphias today |
Rp50,000 ruphias in 1961 | Rp25,415,983,333.68 ruphias today |
Rp100,000 ruphias in 1961 | Rp50,831,966,667.36 ruphias today |
Rp500,000 ruphias in 1961 | Rp254,159,833,336.80 ruphias today |
Rp1,000,000 ruphias in 1961 | Rp508,319,666,673.60 ruphias today |
Our calculations use the following inflation rate formula to calculate the change in value between 1961 and today:
Then plug in historical CPI values. The Indonesian CPI was 0.0003157041 in the year 1961 and 160.47860287948984 in 2021:
Rp100 in 1961 has the same "purchasing power" or "buying power" as Rp50,831,966.67 in 2021.
To get the total inflation rate for the 60 years between 1961 and 2021, we use the following formula:
Plugging in the values to this equation, we get:
Politics and news often influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “Indonesia Inflation Calculator: World Bank data, 1961-2021 (IDR).” Official Inflation Data, Alioth Finance, 27 Jan. 2021, https://www.officialdata.org/indonesia/inflation.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
Cumulative price change | 50,831,866.67% |
Average inflation rate | 24.48% |
Converted amount (Rp100 base) | Rp50,831,966.67 |
Price difference (Rp100 base) | Rp50,831,866.67 |
CPI in 1961 | 0.000 |
CPI in 2021 | 160.479 |
Inflation in 1961 | 13.69% |
Inflation in 2021 | 3.03% |
Rp100 in 1961 | Rp50,831,966.67 in 2021 |