New Zealand Inflation Calculator

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Result: $100 in 1967 → $2,086.43 in 2022


The New Zealand dollar has lost 95% its value since 1967

Updated: April 10, 2025

$100 in 1967 is equivalent in purchasing power to about $2,086.43 today, an increase of $1,986.43 over 55 years. The dollar had an average inflation rate of 5.68% per year between 1967 and today, producing a cumulative price increase of 1,986.43%.

This means that today's prices are 20.86 times as high as average prices since 1967, according to the OECD and the World Bank consumer price index for New Zealand. A dollar today only buys 4.793% of what it could buy back then.

The inflation rate in 1967 was 6.06%. The current inflation rate compared to the end of last year is now 5.45%. If this number holds, $100 today will be equivalent in buying power to $105.45 next year.


Inflation from 1967 to 2022
Cumulative price change1,986.43%
Average inflation rate5.68%
Converted amount
$100 base
$2,086.43
Price difference
$100 base
$1,986.43
CPI in 19675.747
CPI in 2022119.917
Inflation in 19676.06%
Inflation in 20225.45%
$100 in 1967$2,086.43 in 2022

NZD inflation since 1967
Annual Rate, the OECD and the World Bank CPI
Download

Buying power of $100 in 1967

This chart shows a calculation of buying power equivalence for $100 in 1967 (price index tracking began in 1915).

For example, if you started with $100, you would need to end with $2,086.43 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $100 is equivalent to $2,086.43 over time, that means that the "real value" of a single New Zealand dollar decreases over time. In other words, a dollar will pay for fewer items at the store.

This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1967 dollars, the chart below shows how $100 is worth less over 55 years.

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

Dollar inflation: 1967-2022
YearDollar ValueInflation Rate
1967$100.006.06%
1968$104.314.31%
1969$109.454.93%
1970$116.586.52%
1971$128.6910.39%
1972$137.616.93%
1973$148.858.17%
1974$165.3911.11%
1975$189.6814.68%
1976$221.7516.91%
1977$253.6414.38%
1978$283.9711.96%
1979$322.8713.70%
1980$378.2417.15%
1981$436.3815.37%
1982$506.9216.16%
1983$544.137.34%
1984$577.716.17%
1985$666.7815.42%
1986$754.8813.21%
1987$873.7315.74%
1988$929.446.38%
1989$982.565.72%
1990$1,042.486.10%
1991$1,069.612.60%
1992$1,080.461.01%
1993$1,094.381.29%
1994$1,113.481.75%
1995$1,155.293.75%
1996$1,181.702.29%
1997$1,195.731.19%
1998$1,210.861.27%
1999$1,209.48-0.11%
2000$1,241.112.62%
2001$1,273.692.63%
2002$1,307.792.68%
2003$1,330.731.75%
2004$1,361.202.29%
2005$1,402.543.04%
2006$1,449.743.37%
2007$1,484.192.38%
2008$1,542.953.96%
2009$1,575.592.12%
2010$1,611.862.30%
2011$1,676.794.03%
2012$1,694.561.06%
2013$1,713.791.13%
2014$1,734.821.23%
2015$1,739.900.29%
2016$1,751.140.65%
2017$1,783.551.85%
2018$1,812.061.60%
2019$1,841.411.62%
2020$1,872.981.71%
2021$1,946.803.94%
2022$2,086.437.17%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 49 more rows

This conversion table shows various other 1967 amounts in today's dollars, based on the 1,986.43% change in prices:

Conversion: 1967 dollars today
Initial valueEquivalent value
$1 dollar in 1967$20.86 dollars today
$5 dollars in 1967$104.32 dollars today
$10 dollars in 1967$208.64 dollars today
$50 dollars in 1967$1,043.21 dollars today
$100 dollars in 1967$2,086.43 dollars today
$500 dollars in 1967$10,432.14 dollars today
$1,000 dollars in 1967$20,864.27 dollars today
$5,000 dollars in 1967$104,321.35 dollars today
$10,000 dollars in 1967$208,642.71 dollars today
$50,000 dollars in 1967$1,043,213.55 dollars today
$100,000 dollars in 1967$2,086,427.09 dollars today
$500,000 dollars in 1967$10,432,135.46 dollars today
$1,000,000 dollars in 1967$20,864,270.93 dollars today

How to calculate inflation rate for $100 since 1967

Our calculations use the following inflation rate formula to calculate the change in value between 1967 and today:

CPI today CPI in 1967
×
1967 NZD value
=
Today's value

Then plug in historical CPI values. The New Zealand CPI was 5.747457 in the year 1967 and 119.9165 in 2022:

119.91655.747457
×
$100
=
$2,086.43

$100 in 1967 has the same "purchasing power" or "buying power" as $2,086.43 in 2022.

To get the total inflation rate for the 55 years between 1967 and 2022, we use the following formula:

CPI in 2022 - CPI in 1967CPI in 1967
×
100
=
Cumulative inflation rate (55 years)

Plugging in the values to this equation, we get:

119.9165 - 5.7474575.747457
×
100
=
1,986%

Data source & citation

You may use the following MLA citation for this page: “Value of 1967 New Zealand dollars today | New Zealand Inflation Calculator.” Official Inflation Data, Alioth Finance, 17 May. 2025, https://www.officialdata.org/new-zealand/inflation/1967.

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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Inflation from 1967 to 2022
Cumulative price change1,986.43%
Average inflation rate5.68%
Converted amount
$100 base
$2,086.43
Price difference
$100 base
$1,986.43
CPI in 19675.747
CPI in 2022119.917
Inflation in 19676.06%
Inflation in 20225.45%
$100 in 1967$2,086.43 in 2022