AU$100 in 2000 → AU$156.22 in 2018

Australia Inflation Calculator


Australian Inflation Rate, AU$100 in 2000 to 2018

According to the Bureau of Statistics consumer price index, the dollar experienced an average inflation rate of 2.51% per year. Prices in 2018 are 56.22% higher than prices in 2000.

In other words, AU$100 in 2000 is equivalent in purchasing power to AU$156.22 in 2018, a difference of AU$56.22 over 18 years.

The current inflation rate is now 0.45%1. If this number holds, AU$100 today will be equivalent to AU$100.45 next year.

Inflation from 2000 to 2018
Cumulative price change 56.22%
Average inflation rate 2.51%
Converted amount (AU$100 base) AU$156.22
Price difference (AU$100 base) AU$56.22
CPI in 2000 71.5
CPI in 2018 111.7

AUD inflation chart from 1922 to 2017

How to calculate the inflation rate for AU$100 since 2000

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 AUD value = 2018 AUD value

Then plug in historical CPI values. The Australian CPI was 71.5 in the year 2000 and 111.7 in 2018:

111.7 / 71.5 * AU$100 = AU$156.22

AU$100 in 2000 has the same "purchasing power" or "buying power" as AU$156.22 in 2018.

Buying power of AU$100 since 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$156.22 0.45%*
* Not final. See inflation summary for latest details.

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, 20 Jul. 2018, is a reference website maintained by the Official Data Foundation.

» Read more about inflation.