AU$100 in 1946 → AU$3,156.25 in 2012

Australia Inflation Calculator

AU$

Australian Inflation Rate, 1946-2012 (AU$100)

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 5.37% per year. Prices in 2012 are 3056.3% higher than prices in 1946.

In other words, AU$100 in the year 1946 is equivalent in purchasing power to AU$3,156.25 in 2012, a difference of AU$3,056.25 over 66 years.

The inflation rate in 2012 was 1.71%.

Inflation from 1946 to 2012
Cumulative price change 3056.25%
Average inflation rate 5.37%
Price difference (AU$100 base) AU$3,056.25
CPI in 1946 3.2
CPI in 2012 101


AUD inflation chart from 1922 to 2017


How to calculate the inflation rate for AU$100, 1946 to 2012

Start with the inflation rate formula:

CPI in 2012 / CPI in 1946 * 1946 AUD value = 2012 AUD value

Then plug in historical CPI values. The Australian CPI was 3.2 in the year 1946 and 101 in 2012:

101 / 3.2 * AU$100 = AU$3,156.25

AU$100 in 1946 has the same "purchasing power" as AU$3,156.25 in 2012.


News headlines from 1946

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

  • The United Nations General Assembly meets for the first time in London.
  • President Harry Truman sets up the Central Intelligence Agency or CIA.
  • The US State Department releases the Acheson-Lilenthal Report outlining a plan for how the US can limit nuclear power internationally, marking the beginning of Cold War.
  • Twenty-two Nazi leaders found guilty of war crimes during the Nuremburg trials.

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: “1946 dollars in 2012 | Australia Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 16 Feb. 2018, http://www.in2013dollars.com/1946-AUD-in-2012.


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