AU$100 in 1935 → AU$3,291.67 in 2003

Australia Inflation Calculator


Australian Inflation Rate, 1935-2003 (AU$100)

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 5.27% per year. Prices in 2003 are 3191.7% higher than prices in 1935.

In other words, AU$100 in the year 1935 is equivalent in purchasing power to AU$3,291.67 in 2003, a difference of AU$3,191.67 over 68 years.

The inflation rate in 2003 was 2.73%.

Inflation from 1935 to 2003
Cumulative price change 3191.67%
Average inflation rate 5.27%
Price difference (AU$100 base) AU$3,191.67
CPI in 1935 2.4
CPI in 2003 79

AUD inflation chart from 1922 to 2017

How to calculate the inflation rate for AU$100, 1935 to 2003

Start with the inflation rate formula:

CPI in 2003 / CPI in 1935 * 1935 AUD value = 2003 AUD value

Then plug in historical CPI values. The Australian CPI was 2.4 in the year 1935 and 79 in 2003:

79 / 2.4 * AU$100 = AU$3,291.67

AU$100 in 1935 has the same "purchasing power" as AU$3,291.67 in 2003.

News headlines from 1935

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

  • Hitler violates the Treaty of Versailles by ordering German rearmament.
  • In an event known as "Black Sunday", a severe sandstorm strikes the US Midwest, coining the term "Dust Bowl".
  • Communist forces end their Long March bringing Mao Zedong to prominence.
  • First trans-pacific airmail flight by a flying boat the "China Clipper" that took off from Alameda, California

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: “1935 dollars in 2003 | Australia Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018,

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