Indonesia Inflation Calculator

Rp

Result: Rp100 in 1960 → Rp57,640,118.50 in 2022


Why a ruphia today is worth only 0.000% of a ruphia in 1960

Updated: January 12, 2022

Rp100 in 1960 is equivalent in purchasing power to about Rp57,640,118.50 today, an increase of Rp57,640,018.50 over 62 years. The ruphia had an average inflation rate of 23.86% per year between 1960 and today, producing a cumulative price increase of 57,640,018.50%.

This means that today's prices are 576,401.19 times higher than average prices since 1960, 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 inflation rate in 1960 was 39.59%. The current year-over-year inflation rate (2021 to 2022) is now 1.92%. If this number holds, Rp100 today will be equivalent in buying power to Rp101.92 next year.


Inflation from 1960 to 2022
Cumulative price change 57,640,018.50%
Average inflation rate 23.86%
Converted amount (Rp100 base) Rp57,640,118.50
Price difference (Rp100 base) Rp57,640,018.50
CPI in 1960 1.396
CPI in 2022 804,600.972
Inflation in 1960 39.59%
Inflation in 2022 1.92%
Rp100 in 1960 Rp57,640,118.50 in 2022

IDR Inflation since 1959
Annual Rate, the World Bank CPI
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Buying power of Rp100 in 1960

This chart shows a calculation of buying power equivalence for Rp100 in 1960 (price index tracking began in 1959).

For example, if you started with Rp100, you would need to end with Rp57,640,118.50 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When Rp100 is equivalent to Rp57,640,118.50 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 1960 dollars, the chart below shows how Rp100 is worth less over 62 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: 1960-2022
Year Ruphia Value Inflation Rate
1960 Rp100.00 39.59%
1961 Rp113.69 13.69%
1962 Rp263.08 131.40%
1963 Rp646.94 145.91%
1964 Rp1,352.08 108.99%
1965 Rp5,499.76 306.76%
1966 Rp67,990.95 1,136.25%
1967 Rp140,061.36 106.00%
1968 Rp320,520.69 128.84%
1969 Rp370,136.87 15.48%
1970 Rp416,031.86 12.40%
1971 Rp433,645.61 4.23%
1972 Rp461,926.89 6.52%
1973 Rp605,317.68 31.04%
1974 Rp850,421.65 40.49%
1975 Rp1,013,410.89 19.17%
1976 Rp1,214,356.63 19.83%
1977 Rp1,348,568.41 11.05%
1978 Rp1,457,972.14 8.11%
1979 Rp1,694,641.34 16.23%
1980 Rp2,000,277.19 18.04%
1981 Rp2,245,629.36 12.27%
1982 Rp2,457,738.58 9.45%
1983 Rp2,747,745.35 11.80%
1984 Rp3,035,023.09 10.46%
1985 Rp3,178,413.85 4.72%
1986 Rp3,363,482.30 5.82%
1987 Rp3,675,568.26 9.28%
1988 Rp3,971,281.22 8.05%
1989 Rp4,226,060.34 6.42%
1990 Rp4,556,504.09 7.82%
1991 Rp4,985,683.86 9.42%
1992 Rp5,360,782.65 7.52%
1993 Rp5,879,271.83 9.67%
1994 Rp6,380,891.61 8.53%
1995 Rp6,981,992.22 9.42%
1996 Rp7,538,686.07 7.97%
1997 Rp8,008,055.34 6.23%
1998 Rp12,688,847.34 58.45%
1999 Rp15,287,248.06 20.48%
2000 Rp15,851,136.42 3.69%
2001 Rp17,674,035.32 11.50%
2002 Rp19,777,266.31 11.90%
2003 Rp21,113,678.92 6.76%
2004 Rp22,394,025.06 6.06%
2005 Rp24,734,916.93 10.45%
2006 Rp27,977,336.08 13.11%
2007 Rp29,769,721.69 6.41%
2008 Rp32,814,171.27 10.23%
2009 Rp34,253,537.18 4.39%
2010 Rp36,012,183.66 5.13%
2011 Rp37,941,013.42 5.36%
2012 Rp39,564,699.09 4.28%
2013 Rp42,101,790.68 6.41%
2014 Rp44,794,168.79 6.39%
2015 Rp47,644,476.01 6.36%
2016 Rp49,324,327.40 3.53%
2017 Rp51,202,991.43 3.81%
2018 Rp52,840,640.48 3.20%
2019 Rp54,442,021.87 3.03%
2020 Rp55,487,835.69 1.92%
2021 Rp56,553,739.26 1.92%
2022 Rp57,640,118.50 1.92%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 56 more rows

This conversion table shows various other 1960 amounts in today's ruphias, based on the 57,640,018.50% change in prices:

Conversion: 1960 ruphias today
Initial value Equivalent value
Rp1 ruphia in 1960 Rp576,401.19 ruphias today
Rp5 ruphias in 1960 Rp2,882,005.93 ruphias today
Rp10 ruphias in 1960 Rp5,764,011.85 ruphias today
Rp50 ruphias in 1960 Rp28,820,059.25 ruphias today
Rp100 ruphias in 1960 Rp57,640,118.50 ruphias today
Rp500 ruphias in 1960 Rp288,200,592.51 ruphias today
Rp1,000 ruphias in 1960 Rp576,401,185.02 ruphias today
Rp5,000 ruphias in 1960 Rp2,882,005,925.08 ruphias today
Rp10,000 ruphias in 1960 Rp5,764,011,850.17 ruphias today
Rp50,000 ruphias in 1960 Rp28,820,059,250.83 ruphias today
Rp100,000 ruphias in 1960 Rp57,640,118,501.67 ruphias today
Rp500,000 ruphias in 1960 Rp288,200,592,508.33 ruphias today
Rp1,000,000 ruphias in 1960 Rp576,401,185,016.66 ruphias today

How to Calculate Inflation Rate for Rp100 since 1960

Our calculations use the following inflation rate formula to calculate the change in value between 1960 and today:

CPI today CPI in 1960
×
1960 IDR value
=
Today's value

Then plug in historical CPI values. The Indonesian CPI was 1.39590443686 in the year 1960 and 804600.9715761108 in 2022:

804600.97157611081.39590443686
×
Rp100
=
Rp57,640,118.50

Rp100 in 1960 has the same "purchasing power" or "buying power" as Rp57,640,118.50 in 2022.

To get the total inflation rate for the 62 years between 1960 and 2022, we use the following formula:

CPI in 2022 - CPI in 1960CPI in 1960
×
100
=
Cumulative inflation rate (62 years)

Plugging in the values to this equation, we get:

804600.9715761108 - 1.395904436861.39590443686
×
100
=
57,640,019%

News headlines from 1960

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

  • Johnny Cash plays his first concert in a prison.
  • The Bank of France issues new franc currency, worth 100 times the value of old francs.
  • France grants independence to Cameroon (previously French Cameroon) after years of fighting.
  • Guided missiles are launched for the first time from a nuclear powered submarine

Data Source & Citation

You may use the following MLA citation for this page: “Indonesia Inflation Calculator: World Bank data, 1960-2022 (IDR).” Official Inflation Data, Alioth Finance, 17 Jan. 2022, 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.

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» Read more about inflation and investment.

Inflation from 1960 to 2022
Cumulative price change 57,640,018.50%
Average inflation rate 23.86%
Converted amount (Rp100 base) Rp57,640,118.50
Price difference (Rp100 base) Rp57,640,018.50
CPI in 1960 1.396
CPI in 2022 804,600.972
Inflation in 1960 39.59%
Inflation in 2022 1.92%
Rp100 in 1960 Rp57,640,118.50 in 2022