According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 4.48% per year. Prices in 1984 are 1,168.97% higher than prices in 1926.

In other words, AU$100 in 1926 is equivalent in purchasing power to AU$1,268.97 in 1984, a difference of AU$1,168.97 over 58 years.

The inflation rate in 1984 was 3.95%.

Cumulative price change | 1168.97% |

Average inflation rate | 4.48% |

Converted amount (AU$100 base) | AU$1,268.97 |

Price difference (AU$100 base) | AU$1,168.97 |

CPI in 1926 | 2.9 |

CPI in 1984 | 36.8 |

This inflation calculator uses the following inflation rate formula:

CPI in 1984 / CPI in 1926 * 1926 AUD value = 1984 AUD value

Then plug in historical CPI values. The Australian CPI was 2.9 in the year 1926 and 36.8 in 1984:

36.8 / 2.9 * AU$100 = **AU$1,268.97**

AU$100 in 1926 has the same "purchasing power" or "buying power" as AU$1,268.97 in 1984.

This chart shows calculations of buying power equivalence over time for AU$100 in 1926 (price index tracking began in 1922).

According to the Bureau of Statistics, each of these AUD amounts below is equal in terms of what it could buy at the time:

Year | AUD Value | Inflation Rate |
---|---|---|

1926 | AU$100.00 | 3.57% |

1927 | AU$96.55 | -3.45% |

1928 | AU$100.00 | 3.57% |

1929 | AU$100.00 | 0.00% |

1930 | AU$93.10 | -6.90% |

1931 | AU$86.21 | -7.41% |

1932 | AU$82.76 | -4.00% |

1933 | AU$79.31 | -4.17% |

1934 | AU$79.31 | 0.00% |

1935 | AU$82.76 | 4.35% |

1936 | AU$82.76 | 0.00% |

1937 | AU$86.21 | 4.17% |

1938 | AU$89.66 | 4.00% |

1939 | AU$89.66 | 0.00% |

1940 | AU$93.10 | 3.85% |

1941 | AU$96.55 | 3.70% |

1942 | AU$106.90 | 10.71% |

1943 | AU$110.34 | 3.23% |

1944 | AU$110.34 | 0.00% |

1945 | AU$110.34 | 0.00% |

1946 | AU$110.34 | 0.00% |

1947 | AU$117.24 | 6.25% |

1948 | AU$127.59 | 8.82% |

1949 | AU$137.93 | 8.11% |

1950 | AU$151.72 | 10.00% |

1951 | AU$179.31 | 18.18% |

1952 | AU$210.34 | 17.31% |

1953 | AU$220.69 | 4.92% |

1954 | AU$224.14 | 1.56% |

1955 | AU$227.59 | 1.54% |

1956 | AU$241.38 | 6.06% |

1957 | AU$248.28 | 2.86% |

1958 | AU$248.28 | 0.00% |

1959 | AU$255.17 | 2.78% |

1960 | AU$265.52 | 4.05% |

1961 | AU$268.97 | 1.30% |

1962 | AU$268.97 | 0.00% |

1963 | AU$272.41 | 1.28% |

1964 | AU$279.31 | 2.53% |

1965 | AU$289.66 | 3.70% |

1966 | AU$296.55 | 2.38% |

1967 | AU$306.90 | 3.49% |

1968 | AU$317.24 | 3.37% |

1969 | AU$327.59 | 3.26% |

1970 | AU$337.93 | 3.16% |

1971 | AU$358.62 | 6.12% |

1972 | AU$379.31 | 5.77% |

1973 | AU$413.79 | 9.09% |

1974 | AU$479.31 | 15.83% |

1975 | AU$551.72 | 15.11% |

1976 | AU$624.14 | 13.13% |

1977 | AU$700.00 | 12.15% |

1978 | AU$755.17 | 7.88% |

1979 | AU$824.14 | 9.13% |

1980 | AU$910.34 | 10.46% |

1981 | AU$996.55 | 9.47% |

1982 | AU$1,106.90 | 11.07% |

1983 | AU$1,220.69 | 10.28% |

1984 | AU$1,268.97 | 3.95%* |

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

- Abdulaziz Ibn Saud is declared King of Nejd and Hejaz.
- In support of striking coal miners, Trade Union Congress calls for a general strike one minute to midnight, known as the British General Strike.
- Trotsky and his followers are thrown out by the Russian Politburo.
- Autonomy inside the British Commonwealth is gained after the Imperial Conference.

Raw data for these calculations comes from the government of Australia's annual (CPI) as provided by the Reserve Bank of Australia. The consumer price index was established in 1922 and is tracked by Australian Bureau of Statistics (ABS).

You may use the following MLA citation for this page: “1926 dollars in 1984 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 Jul. 2018, https://www.officialdata.org/1926-AUD-in-1984.

in2013dollars.com is a reference website maintained by the Official Data Foundation.