Result: Rp500,000 in 1990 → Rp6,852,806.20 in 2024
Value of Rp500,000 from 1990 to 2024
Updated: September 11, 2025Rp500,000 in 1990 is equivalent in purchasing power to about Rp6,852,806.20 today, an increase of Rp6,352,806.20 over 34 years. The ruphia had an average inflation rate of 8.00% per year between 1990 and today, producing a cumulative price increase of 1,270.56%.
This means that today's prices are 13.71 times as high as average prices since 1990, according to the OECD and the World Bank consumer price index for Indonesia. A ruphia today only buys 7.296% of what it could buy back then.
The inflation rate in 1990 was 7.82%. The current inflation rate compared to the end of last year is now 2.46%. If this number holds, Rp500,000 today will be equivalent in buying power to Rp512,279.22 next year.
⌃
| Cumulative price change | 1,270.56% |
| Average inflation rate | 8.00% |
| Converted amount Rp500,000 base | Rp6,852,806.20 |
| Price difference Rp500,000 base | Rp6,352,806.20 |
| CPI in 1990 | 9.564 |
| CPI in 2024 | 131.074 |
| Inflation in 1990 | 7.82% |
| Inflation in 2024 | 2.46% |
| Rp500,000 in 1990 | Rp6,852,806.20 in 2024 |
Buying power of Rp500,000 in 1990
This chart shows a calculation of buying power equivalence for Rp500,000 in 1990 (price index tracking began in 1959).
For example, if you started with Rp500,000, you would need to end with Rp6,852,806.20 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When Rp500,000 is equivalent to Rp6,852,806.20 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 1990 dollars, the chart below shows how Rp500,000 is worth less over 34 years.
According to the OECD and 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 1990 amounts in today's ruphias, based on the 1,270.56% change in prices:
| Initial value | Equivalent value |
|---|---|
| Rp1 ruphia in 1990 | Rp13.71 ruphias today |
| Rp5 ruphias in 1990 | Rp68.53 ruphias today |
| Rp10 ruphias in 1990 | Rp137.06 ruphias today |
| Rp50 ruphias in 1990 | Rp685.28 ruphias today |
| Rp100 ruphias in 1990 | Rp1,370.56 ruphias today |
| Rp500 ruphias in 1990 | Rp6,852.81 ruphias today |
| Rp1,000 ruphias in 1990 | Rp13,705.61 ruphias today |
| Rp5,000 ruphias in 1990 | Rp68,528.06 ruphias today |
| Rp10,000 ruphias in 1990 | Rp137,056.12 ruphias today |
| Rp50,000 ruphias in 1990 | Rp685,280.62 ruphias today |
| Rp100,000 ruphias in 1990 | Rp1,370,561.24 ruphias today |
| Rp500,000 ruphias in 1990 | Rp6,852,806.20 ruphias today |
| Rp1,000,000 ruphias in 1990 | Rp13,705,612.40 ruphias today |
How to calculate inflation rate for Rp500,000 since 1990
Our calculations use the following inflation rate formula to calculate the change in value between 1990 and today:
CPI today CPI in 1990
×
1990 IDR value
=
Today's value
Then plug in historical CPI values. The Indonesian CPI was 9.563551 in the year 1990 and 131.07432316671134 in 2024:
131.074323166711349.563551
×
Rp500,000
=
Rp6,852,806.20
Rp500,000 in 1990 has the same "purchasing power" or "buying power" as Rp6,852,806.20 in 2024.
To get the total inflation rate for the 34 years between 1990 and 2024, we use the following formula:
CPI in 2024 - CPI in 1990CPI in 1990
×
100
=
Cumulative inflation rate (34 years)
Plugging in the values to this equation, we get:
131.07432316671134 - 9.5635519.563551
×
100
=
1,271%
Data source & citation
You may use the following MLA citation for this page: “Rp500,000 in 1990 → 2024 | Indonesia Inflation Calculator.” Official Inflation Data, Alioth Finance, 16 Dec. 2025, https://www.officialdata.org/indonesia/inflation/1990?amount=500000.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 1,270.56% |
| Average inflation rate | 8.00% |
| Converted amount Rp500,000 base | Rp6,852,806.20 |
| Price difference Rp500,000 base | Rp6,352,806.20 |
| CPI in 1990 | 9.564 |
| CPI in 2024 | 131.074 |
| Inflation in 1990 | 7.82% |
| Inflation in 2024 | 2.46% |
| Rp500,000 in 1990 | Rp6,852,806.20 in 2024 |