AU$100 in 1926 → AU$3,165.52 in 2008

Australia Inflation Calculator

AU$

Australian Inflation Rate, 1926-2008 (AU$100)

According to the Bureau of Statistics, the dollar experienced an average inflation rate of 4.30% per year. Prices in 2008 are 3065.5% higher than prices in 1926.

In other words, AU$100 in the year 1926 is equivalent to AU$3,165.52 in 2008, a difference of AU$3,065.52 over 82 years.

The inflation rate in 2008 was 4.44%.

Inflation from 1926 to 2008
Cumulative price change 3065.52%
Average inflation rate 4.30%
Price difference (AU$100 base) AU$3,065.52
CPI in 1926 2.9
CPI in 2008 91.8


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$100, 1926 to 2008

Start with the inflation rate formula:

CPI in 2008 / CPI in 1926 * 1926 AUD value = 2008 AUD value

Then plug in historical CPI values. The Australian CPI was 2.9 in the year 1926 and 91.8 in 2008:

91.8 / 2.9 * AU$100 = AU$3,165.52

AU$100 in 1926 has the same "purchasing power" as AU$3,165.52 in 2008.


News headlines from 1926

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.

Inflation Data Source

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 2008 | Australia Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Education, 12 Dec. 2017, http://www.in2013dollars.com/1926-AUD-in-2008.


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