# AU\$100 in 2000 → AU\$160.47 in 2019

## Australia Inflation Calculator

AU\$

### Australian Inflation Rate, AU\$100 in 2000 to 2019

According to the Bureau of Statistics consumer price index, prices in 2019 are 60.47% higher than average prices throughout 2000. The dollar experienced an average inflation rate of 2.52% per year during this period.

In other words, AU\$100 in 2000 is equivalent in purchasing power to AU\$160.47 in 2019, a difference of AU\$60.47 over 19 years.

The 2000 inflation rate was 4.53%. The current inflation rate (2018 to 2019) is now 1.90%1. If this number holds, AU\$100 today will be equivalent to AU\$101.90 next year.

 Cumulative price change 60.47% Average inflation rate 2.52% Converted amount (AU\$100 base) AU\$160.47 Price difference (AU\$100 base) AU\$60.47 CPI in 2000 71.500 CPI in 2019 114.739 Inflation in 2000 4.53% Inflation in 2019 1.90%

### Buying power of AU\$100 in 2000

This chart shows calculations of buying power equivalence over time for AU\$100 in 2000 (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
2000 AU\$100.00 4.53%
2001 AU\$104.34 4.34%
2002 AU\$107.55 3.08%
2003 AU\$110.49 2.73%
2004 AU\$113.01 2.28%
2005 AU\$116.08 2.72%
2006 AU\$120.14 3.49%
2007 AU\$122.94 2.33%
2008 AU\$128.39 4.44%
2009 AU\$130.63 1.74%
2010 AU\$134.41 2.89%
2011 AU\$138.88 3.33%
2012 AU\$141.26 1.71%
2013 AU\$144.76 2.48%
2014 AU\$148.39 2.51%
2015 AU\$150.63 1.51%
2016 AU\$152.59 1.30%
2017 AU\$155.52 1.92%
2018 AU\$157.48 1.26%
2019 AU\$160.47 1.90%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

### How to Calculate Inflation Rate for AU\$100 since 2000

This inflation calculator uses the following inflation rate formula:

CPI in 2019CPI in 2000
×
2000 AUD value
=
2019 AUD value

Then plug in historical CPI values. The Australian CPI was 71.5 in the year 2000 and 114.73939999999999 in 2019:

114.7393999999999971.5
×
AU\$100
=
AU\$160.47

AU\$100 in 2000 has the same "purchasing power" or "buying power" as AU\$160.47 in 2019.

To get the total inflation rate for the 19 years between 2000 and 2019, we use the following formula:

CPI in 2019 - CPI in 2000CPI in 2000
×
100
=
Cumulative inflation rate (19 years)

Plugging in the values to this equation, we get:

114.73939999999999 - 71.571.5
×
100
=
60%

### News headlines from 2000

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

• Steve Ballmer becomes CEO of Microsoft after Bill Gates steps down.
• Dot-com bubble bursts after NASDAQ Composite stock market index peaks.
• George Bush becomes President of the U.S. in a disputed election that is eventually resolved by the Supreme Court.
• Gisborne, New Zealand becomes the first city to enter the new millennium.

### Data Source & Citation

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: “2000 dollars today | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 21 Mar. 2019, https://www.officialdata.org/Australia-inflation.

Special thanks to QuickChart for providing downloadable chart images.

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