AU$100 in 1927 → AU$3,907.14 in 2017

Australia Inflation Calculator

AU$

Australian Inflation Rate, 1927-2017 (AU$100)

According to the Bureau of Statistics, the dollar experienced an average inflation rate of 4.16% per year. Prices in 2017 are 3807.1% higher than prices in 1927.

In other words, AU$100 in the year 1927 is equivalent to AU$3,907.14 in 2017, a difference of AU$3,807.14 over 90 years.

The current inflation rate in 2017 is 0.64%1. If this number holds, AU$100 today will be equivalent to AU$100.64 next year.

Inflation from 1927 to 2017
Cumulative price change 3807.14%
Average inflation rate 4.16%
Price difference (AU$100 base) AU$3,807.14
CPI in 1927 2.8
CPI in 2017 109.4


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$100 since 1927

Start with the inflation rate formula:

CPI in 2017 / CPI in 1927 * 1927 AUD value = 2017 AUD value

Then plug in historical CPI values. The Australian CPI was 2.8 in the year 1927 and 109.4 in 2017:

109.4 / 2.8 * AU$100 = AU$3,907.14

AU$100 in 1927 has the same "purchasing power" as AU$3,907.14 in 2017.


News headlines from 1927

Politics and news often play an important role in economic performance.

  • The counter revolution begins in Shanghai by Kuomintang leader Chiang Kai-shek.
  • Charles Lindbergh completes the first non-stop flight over the Atlantic.
  • Saudi Arabia is granted its independence from Great Britain after signing the Treaty of Jeddah.

Inflation Data Source: 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).


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