# AU\$1 in 2005 → AU\$1.34 in 2018

## Australia Inflation Calculator

AU\$

### Australian Inflation Rate, 2005-2018 (AU\$1)

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 2.29% per year. Prices in 2018 are 34.2% higher than prices in 2005.

In other words, AU\$1 in the year 2005 is equivalent in purchasing power to AU\$1.34 in 2018, a difference of AU\$0.34 over 13 years.

The current inflation rate in 2018 is 1.80%1. If this number holds, AU\$1 today will be equivalent to AU\$1.02 next year.

 Cumulative price change 34.18% Average inflation rate 2.29% Price difference (AU\$1 base) AU\$0.34 CPI in 2005 83 CPI in 2018 111.3692

### How to calculate the inflation rate for AU\$1 since 2005

CPI in 2018 / CPI in 2005 * 2005 AUD value = 2018 AUD value

Then plug in historical CPI values. The Australian CPI was 83 in the year 2005 and 111.3692 in 2018:

111.3692 / 83 * AU\$1 = AU\$1.34

AU\$1 in 2005 has the same "purchasing power" as AU\$1.34 in 2018.