Result: $100 in 2019 → $113.31 in 2022
The New Zealand dollar has lost 12% its value since 2019
Updated: June 11, 2025$100 in 2019 is equivalent in purchasing power to about $113.31 today, an increase of $13.31 over 3 years. The dollar had an average inflation rate of 4.25% per year between 2019 and today, producing a cumulative price increase of 13.31%.
This means that today's prices are 1.13 times as high as average prices since 2019, according to the OECD and the World Bank consumer price index for New Zealand. A dollar today only buys 88.253% of what it could buy back then.
The inflation rate in 2019 was 1.62%. 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.
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| Cumulative price change | 13.31% |
| Average inflation rate | 4.25% |
| Converted amount $100 base | $113.31 |
| Price difference $100 base | $13.31 |
| CPI in 2019 | 105.834 |
| CPI in 2022 | 119.917 |
| Inflation in 2019 | 1.62% |
| Inflation in 2022 | 5.45% |
| $100 in 2019 | $113.31 in 2022 |
Buying power of $100 in 2019
This chart shows a calculation of buying power equivalence for $100 in 2019 (price index tracking began in 1915).
For example, if you started with $100, you would need to end with $113.31 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $113.31 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 2019 dollars, the chart below shows how $100 is worth less over 3 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:
This conversion table shows various other 2019 amounts in today's dollars, based on the 13.31% change in prices:
| Initial value | Equivalent value |
|---|---|
| $1 dollar in 2019 | $1.13 dollars today |
| $5 dollars in 2019 | $5.67 dollars today |
| $10 dollars in 2019 | $11.33 dollars today |
| $50 dollars in 2019 | $56.65 dollars today |
| $100 dollars in 2019 | $113.31 dollars today |
| $500 dollars in 2019 | $566.53 dollars today |
| $1,000 dollars in 2019 | $1,133.06 dollars today |
| $5,000 dollars in 2019 | $5,665.30 dollars today |
| $10,000 dollars in 2019 | $11,330.60 dollars today |
| $50,000 dollars in 2019 | $56,653.00 dollars today |
| $100,000 dollars in 2019 | $113,306.00 dollars today |
| $500,000 dollars in 2019 | $566,530.01 dollars today |
| $1,000,000 dollars in 2019 | $1,133,060.01 dollars today |
How to calculate inflation rate for $100 since 2019
Our calculations use the following inflation rate formula to calculate the change in value between 2019 and today:
CPI today CPI in 2019
×
2019 NZD value
=
Today's value
Then plug in historical CPI values. The New Zealand CPI was 105.8342 in the year 2019 and 119.9165 in 2022:
119.9165105.8342
×
$100
=
$113.31
$100 in 2019 has the same "purchasing power" or "buying power" as $113.31 in 2022.
To get the total inflation rate for the 3 years between 2019 and 2022, we use the following formula:
CPI in 2022 - CPI in 2019CPI in 2019
×
100
=
Cumulative inflation rate (3 years)
Plugging in the values to this equation, we get:
119.9165 - 105.8342105.8342
×
100
=
13%
Data source & citation
You may use the following MLA citation for this page: “Value of 2019 New Zealand dollars today | New Zealand Inflation Calculator.” Official Inflation Data, Alioth Finance, 10 Jul. 2025, https://www.officialdata.org/new-zealand/inflation/2019.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 13.31% |
| Average inflation rate | 4.25% |
| Converted amount $100 base | $113.31 |
| Price difference $100 base | $13.31 |
| CPI in 2019 | 105.834 |
| CPI in 2022 | 119.917 |
| Inflation in 2019 | 1.62% |
| Inflation in 2022 | 5.45% |
| $100 in 2019 | $113.31 in 2022 |
