# \$100 in 1933 → \$3,243.48 in 2001

## Australia Inflation Calculator

\$

### Australian Inflation Rate, \$100 from 1933 to 2001

According to the Bureau of Statistics consumer price index, prices in 2001 are 3,143.48% higher than average prices since 1933. The Australian dollar experienced an average inflation rate of 5.25% 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 \$3,243.48 in 2001, a difference of \$3,143.48 over 68 years.

The 1933 inflation rate was -4.17%. The inflation rate in 2001 was 4.34%. The 2001 inflation rate is higher compared to the average inflation rate of 2.39% per year between 2001 and 2020.

 Cumulative price change 3,143.48% Average inflation rate 5.25% Converted amount (\$100 base) \$3,243.48 Price difference (\$100 base) \$3,143.48 CPI in 1933 2.300 CPI in 2001 74.600 Inflation in 1933 -4.17% Inflation in 2001 4.34%

AUD Inflation since 1922
Annual Rate, the Bureau of Statistics CPI

### Buying power of \$100 in 1933

This chart shows a calculation of buying power equivalence for \$100 in 1933 (price index tracking began in 1922).

For example, if you started with \$100, you would need to end with \$3,243.48 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$100 is equivalent to \$3,243.48 over time, that means that the "real value" of a single Australian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.

This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1933 dollars, the chart below shows how \$100 buys less over the past 68 years.

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%
2020 \$5,083.45 1.90%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 62 more rows

### How to Calculate Inflation Rate for \$100, 1933 to 2001

This inflation calculator uses the following inflation rate formula:

CPI in 2001CPI in 1933
×
1933 AUD value
=
2001 AUD value

Then plug in historical CPI values. The Australian CPI was 2.3 in the year 1933 and 74.6 in 2001:

74.62.3
×
\$100
=
\$3,243.48

\$100 in 1933 has the same "purchasing power" or "buying power" as \$3,243.48 in 2001.

To get the total inflation rate for the 68 years between 1933 and 2001, we use the following formula:

CPI in 2001 - CPI in 1933CPI in 1933
×
100
=
Cumulative inflation rate (68 years)

Plugging in the values to this equation, we get:

74.6 - 2.32.3
×
100
=
3,143%

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 2001 | Australia Inflation Calculator.” Official Inflation Data, Alioth Finance, 23 Feb. 2020, https://www.officialdata.org/1933-AUD-in-2001.