According to the Bureau of Statistics consumer price index, prices in 2000 are 1,687.50% higher than average prices throughout 1949. The dollar experienced an average inflation rate of 5.82% per year during this period, meaning the real value of a dollar decreased.

In other words, AU$100 in 1949 is equivalent in purchasing power to about AU$1,787.50 in 2000, a difference of AU$1,687.50 over 51 years.

The 1949 inflation rate was 8.11%. The inflation rate in 2000 was 4.53%. The 2000 inflation rate is higher compared to the average inflation rate of 2.52% per year between 2000 and 2019.

⌃

Cumulative price change | 1,687.50% |

Average inflation rate | 5.82% |

Converted amount (AU$100 base) | AU$1,787.50 |

Price difference (AU$100 base) | AU$1,687.50 |

CPI in 1949 | 4.000 |

CPI in 2000 | 71.500 |

Inflation in 1949 | 8.11% |

Inflation in 2000 | 4.53% |

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for AU$100 in 1949 (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 | Dollar Value | Inflation Rate |
---|---|---|

1949 | AU$100.00 | 8.11% |

1950 | AU$110.00 | 10.00% |

1951 | AU$130.00 | 18.18% |

1952 | AU$152.50 | 17.31% |

1953 | AU$160.00 | 4.92% |

1954 | AU$162.50 | 1.56% |

1955 | AU$165.00 | 1.54% |

1956 | AU$175.00 | 6.06% |

1957 | AU$180.00 | 2.86% |

1958 | AU$180.00 | 0.00% |

1959 | AU$185.00 | 2.78% |

1960 | AU$192.50 | 4.05% |

1961 | AU$195.00 | 1.30% |

1962 | AU$195.00 | 0.00% |

1963 | AU$197.50 | 1.28% |

1964 | AU$202.50 | 2.53% |

1965 | AU$210.00 | 3.70% |

1966 | AU$215.00 | 2.38% |

1967 | AU$222.50 | 3.49% |

1968 | AU$230.00 | 3.37% |

1969 | AU$237.50 | 3.26% |

1970 | AU$245.00 | 3.16% |

1971 | AU$260.00 | 6.12% |

1972 | AU$275.00 | 5.77% |

1973 | AU$300.00 | 9.09% |

1974 | AU$347.50 | 15.83% |

1975 | AU$400.00 | 15.11% |

1976 | AU$452.50 | 13.13% |

1977 | AU$507.50 | 12.15% |

1978 | AU$547.50 | 7.88% |

1979 | AU$597.50 | 9.13% |

1980 | AU$660.00 | 10.46% |

1981 | AU$722.50 | 9.47% |

1982 | AU$802.50 | 11.07% |

1983 | AU$885.00 | 10.28% |

1984 | AU$920.00 | 3.95% |

1985 | AU$980.00 | 6.52% |

1986 | AU$1,070.00 | 9.18% |

1987 | AU$1,160.00 | 8.41% |

1988 | AU$1,245.00 | 7.33% |

1989 | AU$1,337.50 | 7.43% |

1990 | AU$1,437.50 | 7.48% |

1991 | AU$1,482.50 | 3.13% |

1992 | AU$1,497.50 | 1.01% |

1993 | AU$1,522.50 | 1.67% |

1994 | AU$1,552.50 | 1.97% |

1995 | AU$1,625.00 | 4.67% |

1996 | AU$1,667.50 | 2.62% |

1997 | AU$1,672.50 | 0.30% |

1998 | AU$1,685.00 | 0.75% |

1999 | AU$1,710.00 | 1.48% |

2000 | AU$1,787.50 | 4.53% |

2001 | AU$1,865.00 | 4.34% |

2002 | AU$1,922.50 | 3.08% |

2003 | AU$1,975.00 | 2.73% |

2004 | AU$2,020.00 | 2.28% |

2005 | AU$2,075.00 | 2.72% |

2006 | AU$2,147.50 | 3.49% |

2007 | AU$2,197.50 | 2.33% |

2008 | AU$2,295.00 | 4.44% |

2009 | AU$2,335.00 | 1.74% |

2010 | AU$2,402.50 | 2.89% |

2011 | AU$2,482.50 | 3.33% |

2012 | AU$2,525.00 | 1.71% |

2013 | AU$2,587.50 | 2.48% |

2014 | AU$2,652.50 | 2.51% |

2015 | AU$2,692.50 | 1.51% |

2016 | AU$2,727.50 | 1.30% |

2017 | AU$2,780.00 | 1.92% |

2018 | AU$2,815.00 | 1.26% |

2019 | AU$2,868.48 | 1.90%* |

This inflation calculator uses the following inflation rate formula:

CPI in 2000CPI in 1949

×

1949 AUD value

=

2000 AUD value

Then plug in historical CPI values. The Australian CPI was 4 in the year 1949 and 71.5 in 2000:

71.54

×

AU$100

=

AU$100 in 1949 has the same "purchasing power" or "buying power" as AU$1,787.50 in 2000.

To get the total inflation rate for the 51 years between 1949 and 2000, we use the following formula:

CPI in 2000 - CPI in 1949CPI in 1949

×

100

=

Plugging in the values to this equation, we get:

71.5 - 44

×

100

=

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

- David Ben-Gurion's Mapai party wins the first Israeli election.
- The Federal Republic of Germany, or West Germany, is created by the combination of the American, British, and French occupation zones.
- The Soviet Union ends the blockade of Berlin.
- The People's Republic of China is proclaimed by Chinese Communist leaders.

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: “1949 dollars in 2000 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 19 Apr. 2019, https://www.officialdata.org/1949-AUD-in-2000.

Special thanks to QuickChart for providing downloadable chart images.

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