According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 4.67% per year. Prices in 1980 are 877.78% higher than prices in 1930.

In other words, AU$100 in 1930 is equivalent in purchasing power to AU$977.78 in 1980, a difference of AU$877.78 over 50 years.

The inflation rate in 1980 was 10.46%.

Cumulative price change | 877.78% |

Average inflation rate | 4.67% |

Converted amount (AU$100 base) | AU$977.78 |

Price difference (AU$100 base) | AU$877.78 |

CPI in 1930 | 2.7 |

CPI in 1980 | 26.4 |

This inflation calculator uses the following inflation rate formula:

CPI in 1980 / CPI in 1930 * 1930 AUD value = 1980 AUD value

Then plug in historical CPI values. The Australian CPI was 2.7 in the year 1930 and 26.4 in 1980:

26.4 / 2.7 * AU$100 = **AU$977.78**

AU$100 in 1930 has the same "purchasing power" or "buying power" as AU$977.78 in 1980.

This chart shows calculations of buying power equivalence over time for AU$100 in 1930 (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 |
---|---|---|

1930 | AU$100.00 | -6.90% |

1931 | AU$92.59 | -7.41% |

1932 | AU$88.89 | -4.00% |

1933 | AU$85.19 | -4.17% |

1934 | AU$85.19 | 0.00% |

1935 | AU$88.89 | 4.35% |

1936 | AU$88.89 | 0.00% |

1937 | AU$92.59 | 4.17% |

1938 | AU$96.30 | 4.00% |

1939 | AU$96.30 | 0.00% |

1940 | AU$100.00 | 3.85% |

1941 | AU$103.70 | 3.70% |

1942 | AU$114.81 | 10.71% |

1943 | AU$118.52 | 3.23% |

1944 | AU$118.52 | 0.00% |

1945 | AU$118.52 | 0.00% |

1946 | AU$118.52 | 0.00% |

1947 | AU$125.93 | 6.25% |

1948 | AU$137.04 | 8.82% |

1949 | AU$148.15 | 8.11% |

1950 | AU$162.96 | 10.00% |

1951 | AU$192.59 | 18.18% |

1952 | AU$225.93 | 17.31% |

1953 | AU$237.04 | 4.92% |

1954 | AU$240.74 | 1.56% |

1955 | AU$244.44 | 1.54% |

1956 | AU$259.26 | 6.06% |

1957 | AU$266.67 | 2.86% |

1958 | AU$266.67 | 0.00% |

1959 | AU$274.07 | 2.78% |

1960 | AU$285.19 | 4.05% |

1961 | AU$288.89 | 1.30% |

1962 | AU$288.89 | 0.00% |

1963 | AU$292.59 | 1.28% |

1964 | AU$300.00 | 2.53% |

1965 | AU$311.11 | 3.70% |

1966 | AU$318.52 | 2.38% |

1967 | AU$329.63 | 3.49% |

1968 | AU$340.74 | 3.37% |

1969 | AU$351.85 | 3.26% |

1970 | AU$362.96 | 3.16% |

1971 | AU$385.19 | 6.12% |

1972 | AU$407.41 | 5.77% |

1973 | AU$444.44 | 9.09% |

1974 | AU$514.81 | 15.83% |

1975 | AU$592.59 | 15.11% |

1976 | AU$670.37 | 13.13% |

1977 | AU$751.85 | 12.15% |

1978 | AU$811.11 | 7.88% |

1979 | AU$885.19 | 9.13% |

1980 | AU$977.78 | 10.46%* |

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

- Mohandas Gandhi protests British salt tax by a 200-mile-long walk.
- Clyde Tombaugh discovers Pluto.
- Lawrence Hyland discovers the first radar by accident.
- Roald Amundsen's leads the first expedition to reach the South Pole.
- American explorer Hiram Bingham discovers Machu Picchu.

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: “1930 dollars in 1980 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 Jul. 2018, https://www.officialdata.org/1930-AUD-in-1980.

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