$100 in 1931 → $2,860 in 2000

Australia Inflation Calculator

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$100 in 1931 → $2,860 in 2000

Australian Inflation Rate, $100 in 1931 to 2000

According to the Bureau of Statistics consumer price index, prices in 2000 are 2,760.00% higher than average prices throughout 1931. The dollar experienced an average inflation rate of 4.98% per year during this period, meaning the real value of a dollar decreased.

In other words, $100 in 1931 is equivalent in purchasing power to about $2,860 in 2000, a difference of $2,760.00 over 69 years.

The 1931 inflation rate was -7.41%. 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.


Inflation from 1931 to 2000
Cumulative price change 2,760.00%
Average inflation rate 4.98%
Converted amount ($100 base) $2,860
Price difference ($100 base) $2,760.00
CPI in 1931 2.500
CPI in 2000 71.500
Inflation in 1931 -7.41%
Inflation in 2000 4.53%

AUD inflation chart from 1922 to 2017


Buying power of $100 in 1931

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $100 in 1931 (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
1931 $100.00 -7.41%
1932 $96.00 -4.00%
1933 $92.00 -4.17%
1934 $92.00 0.00%
1935 $96.00 4.35%
1936 $96.00 0.00%
1937 $100.00 4.17%
1938 $104.00 4.00%
1939 $104.00 0.00%
1940 $108.00 3.85%
1941 $112.00 3.70%
1942 $124.00 10.71%
1943 $128.00 3.23%
1944 $128.00 0.00%
1945 $128.00 0.00%
1946 $128.00 0.00%
1947 $136.00 6.25%
1948 $148.00 8.82%
1949 $160.00 8.11%
1950 $176.00 10.00%
1951 $208.00 18.18%
1952 $244.00 17.31%
1953 $256.00 4.92%
1954 $260.00 1.56%
1955 $264.00 1.54%
1956 $280.00 6.06%
1957 $288.00 2.86%
1958 $288.00 0.00%
1959 $296.00 2.78%
1960 $308.00 4.05%
1961 $312.00 1.30%
1962 $312.00 0.00%
1963 $316.00 1.28%
1964 $324.00 2.53%
1965 $336.00 3.70%
1966 $344.00 2.38%
1967 $356.00 3.49%
1968 $368.00 3.37%
1969 $380.00 3.26%
1970 $392.00 3.16%
1971 $416.00 6.12%
1972 $440.00 5.77%
1973 $480.00 9.09%
1974 $556.00 15.83%
1975 $640.00 15.11%
1976 $724.00 13.13%
1977 $812.00 12.15%
1978 $876.00 7.88%
1979 $956.00 9.13%
1980 $1,056.00 10.46%
1981 $1,156.00 9.47%
1982 $1,284.00 11.07%
1983 $1,416.00 10.28%
1984 $1,472.00 3.95%
1985 $1,568.00 6.52%
1986 $1,712.00 9.18%
1987 $1,856.00 8.41%
1988 $1,992.00 7.33%
1989 $2,140.00 7.43%
1990 $2,300.00 7.48%
1991 $2,372.00 3.13%
1992 $2,396.00 1.01%
1993 $2,436.00 1.67%
1994 $2,484.00 1.97%
1995 $2,600.00 4.67%
1996 $2,668.00 2.62%
1997 $2,676.00 0.30%
1998 $2,696.00 0.75%
1999 $2,736.00 1.48%
2000 $2,860.00 4.53%
2001 $2,984.00 4.34%
2002 $3,076.00 3.08%
2003 $3,160.00 2.73%
2004 $3,232.00 2.28%
2005 $3,320.00 2.72%
2006 $3,436.00 3.49%
2007 $3,516.00 2.33%
2008 $3,672.00 4.44%
2009 $3,736.00 1.74%
2010 $3,844.00 2.89%
2011 $3,972.00 3.33%
2012 $4,040.00 1.71%
2013 $4,140.00 2.48%
2014 $4,244.00 2.51%
2015 $4,308.00 1.51%
2016 $4,364.00 1.30%
2017 $4,448.00 1.92%
2018 $4,504.00 1.26%
2019 $4,589.58 1.90%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 63 more rows

How to Calculate Inflation Rate for $100, 1931 to 2000

This inflation calculator uses the following inflation rate formula:

CPI in 2000CPI in 1931
×
1931 AUD value
=
2000 AUD value

Then plug in historical CPI values. The Australian CPI was 2.5 in the year 1931 and 71.5 in 2000:

71.52.5
×
$100
=
$2,860

$100 in 1931 has the same "purchasing power" or "buying power" as $2,860 in 2000.

To get the total inflation rate for the 69 years between 1931 and 2000, we use the following formula:

CPI in 2000 - CPI in 1931CPI in 1931
×
100
=
Cumulative inflation rate (69 years)

Plugging in the values to this equation, we get:

71.5 - 2.52.5
×
100
=
2,760%

News headlines from 1931

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

  • The Empire State Building opens in New York.
  • A railway explosion is faked by the Japanese in order to create a pretext for their Manchuria invasion.
  • Proclamation of the Chinese People's Republic by Mao Zedong.

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: “1931 dollars in 2000 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 14 Dec. 2019, https://www.officialdata.org/1931-AUD-in-2000.

Special thanks to QuickChart for providing downloadable chart images.

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


About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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» Read more about inflation and investment.

Inflation from 1931 to 2000
Cumulative price change 2,760.00%
Average inflation rate 4.98%
Converted amount ($100 base) $2,860
Price difference ($100 base) $2,760.00
CPI in 1931 2.500
CPI in 2000 71.500
Inflation in 1931 -7.41%
Inflation in 2000 4.53%
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