$100 in 1933 → $1,600 in 1984

Australia Inflation Calculator

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$100 in 1933 → $1,600 in 1984

Australian Inflation Rate, $100 in 1933 to 1984

According to the Bureau of Statistics consumer price index, prices in 1984 are 1,500.00% higher than average prices throughout 1933. The dollar experienced an average inflation rate of 5.59% per year during this period, meaning the real value of a dollar decreased.

In other words, $100 in 1933 is equivalent in purchasing power to about $1,600 in 1984, a difference of $1,500.00 over 51 years.

The 1933 inflation rate was -4.17%. The inflation rate in 1984 was 3.95%. The 1984 inflation rate is higher compared to the average inflation rate of 3.30% per year between 1984 and 2019.


Inflation from 1933 to 1984
Cumulative price change 1,500.00%
Average inflation rate 5.59%
Converted amount ($100 base) $1,600
Price difference ($100 base) $1,500.00
CPI in 1933 2.300
CPI in 1984 36.800
Inflation in 1933 -4.17%
Inflation in 1984 3.95%

AUD inflation chart from 1922 to 2017


Buying power of $100 in 1933

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $100 in 1933 (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
1933 $100.00 -4.17%
1934 $100.00 0.00%
1935 $104.35 4.35%
1936 $104.35 0.00%
1937 $108.70 4.17%
1938 $113.04 4.00%
1939 $113.04 0.00%
1940 $117.39 3.85%
1941 $121.74 3.70%
1942 $134.78 10.71%
1943 $139.13 3.23%
1944 $139.13 0.00%
1945 $139.13 0.00%
1946 $139.13 0.00%
1947 $147.83 6.25%
1948 $160.87 8.82%
1949 $173.91 8.11%
1950 $191.30 10.00%
1951 $226.09 18.18%
1952 $265.22 17.31%
1953 $278.26 4.92%
1954 $282.61 1.56%
1955 $286.96 1.54%
1956 $304.35 6.06%
1957 $313.04 2.86%
1958 $313.04 0.00%
1959 $321.74 2.78%
1960 $334.78 4.05%
1961 $339.13 1.30%
1962 $339.13 0.00%
1963 $343.48 1.28%
1964 $352.17 2.53%
1965 $365.22 3.70%
1966 $373.91 2.38%
1967 $386.96 3.49%
1968 $400.00 3.37%
1969 $413.04 3.26%
1970 $426.09 3.16%
1971 $452.17 6.12%
1972 $478.26 5.77%
1973 $521.74 9.09%
1974 $604.35 15.83%
1975 $695.65 15.11%
1976 $786.96 13.13%
1977 $882.61 12.15%
1978 $952.17 7.88%
1979 $1,039.13 9.13%
1980 $1,147.83 10.46%
1981 $1,256.52 9.47%
1982 $1,395.65 11.07%
1983 $1,539.13 10.28%
1984 $1,600.00 3.95%
1985 $1,704.35 6.52%
1986 $1,860.87 9.18%
1987 $2,017.39 8.41%
1988 $2,165.22 7.33%
1989 $2,326.09 7.43%
1990 $2,500.00 7.48%
1991 $2,578.26 3.13%
1992 $2,604.35 1.01%
1993 $2,647.83 1.67%
1994 $2,700.00 1.97%
1995 $2,826.09 4.67%
1996 $2,900.00 2.62%
1997 $2,908.70 0.30%
1998 $2,930.43 0.75%
1999 $2,973.91 1.48%
2000 $3,108.70 4.53%
2001 $3,243.48 4.34%
2002 $3,343.48 3.08%
2003 $3,434.78 2.73%
2004 $3,513.04 2.28%
2005 $3,608.70 2.72%
2006 $3,734.78 3.49%
2007 $3,821.74 2.33%
2008 $3,991.30 4.44%
2009 $4,060.87 1.74%
2010 $4,178.26 2.89%
2011 $4,317.39 3.33%
2012 $4,391.30 1.71%
2013 $4,500.00 2.48%
2014 $4,613.04 2.51%
2015 $4,682.61 1.51%
2016 $4,743.48 1.30%
2017 $4,834.78 1.92%
2018 $4,895.65 1.26%
2019 $4,988.67 1.90%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
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How to Calculate Inflation Rate for $100, 1933 to 1984

This inflation calculator uses the following inflation rate formula:

CPI in 1984CPI in 1933
×
1933 AUD value
=
1984 AUD value

Then plug in historical CPI values. The Australian CPI was 2.3 in the year 1933 and 36.8 in 1984:

36.82.3
×
$100
=
$1,600

$100 in 1933 has the same "purchasing power" or "buying power" as $1,600 in 1984.

To get the total inflation rate for the 51 years between 1933 and 1984, we use the following formula:

CPI in 1984 - CPI in 1933CPI in 1933
×
100
=
Cumulative inflation rate (51 years)

Plugging in the values to this equation, we get:

36.8 - 2.32.3
×
100
=
1,500%

News headlines from 1933

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

  • Coining of the name "Pakistan" by Choudhry Rahmat Ali, this is later accepted by Muslims in the Indian sub-continent who use it to push for a separate Muslim homeland in South Asia.
  • Adolf Hitler is appointed Reich Chancellor of Germany by President Paul von Hindenburg.
  • Franklin D. Roosevelt is inaugurated President of the United States.
  • The first Nazi concentration camp, Dachau, is completed.
  • The Nazi party is declared the only political party in Germany.

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: “1933 dollars in 1984 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 8 Dec. 2019, https://www.officialdata.org/1933-AUD-in-1984.

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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Inflation from 1933 to 1984
Cumulative price change 1,500.00%
Average inflation rate 5.59%
Converted amount ($100 base) $1,600
Price difference ($100 base) $1,500.00
CPI in 1933 2.300
CPI in 1984 36.800
Inflation in 1933 -4.17%
Inflation in 1984 3.95%
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