$100 in 1935 → $2,075 in 1988

Australia Inflation Calculator

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$100 in 1935 → $2,075 in 1988

Australian Inflation Rate, $100 in 1935 to 1988

According to the Bureau of Statistics consumer price index, prices in 1988 are 1,975.00% higher than average prices throughout 1935. The dollar experienced an average inflation rate of 5.89% per year during this period, meaning the real value of a dollar decreased.

In other words, $100 in 1935 is equivalent in purchasing power to about $2,075 in 1988, a difference of $1,975.00 over 53 years.

The 1935 inflation rate was 4.35%. The inflation rate in 1988 was 7.33%. The 1988 inflation rate is higher compared to the average inflation rate of 2.73% per year between 1988 and 2019.


Inflation from 1935 to 1988
Cumulative price change 1,975.00%
Average inflation rate 5.89%
Converted amount ($100 base) $2,075
Price difference ($100 base) $1,975.00
CPI in 1935 2.400
CPI in 1988 49.800
Inflation in 1935 4.35%
Inflation in 1988 7.33%

AUD inflation chart from 1922 to 2017


Buying power of $100 in 1935

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $100 in 1935 (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
1935 $100.00 4.35%
1936 $100.00 0.00%
1937 $104.17 4.17%
1938 $108.33 4.00%
1939 $108.33 0.00%
1940 $112.50 3.85%
1941 $116.67 3.70%
1942 $129.17 10.71%
1943 $133.33 3.23%
1944 $133.33 0.00%
1945 $133.33 0.00%
1946 $133.33 0.00%
1947 $141.67 6.25%
1948 $154.17 8.82%
1949 $166.67 8.11%
1950 $183.33 10.00%
1951 $216.67 18.18%
1952 $254.17 17.31%
1953 $266.67 4.92%
1954 $270.83 1.56%
1955 $275.00 1.54%
1956 $291.67 6.06%
1957 $300.00 2.86%
1958 $300.00 0.00%
1959 $308.33 2.78%
1960 $320.83 4.05%
1961 $325.00 1.30%
1962 $325.00 0.00%
1963 $329.17 1.28%
1964 $337.50 2.53%
1965 $350.00 3.70%
1966 $358.33 2.38%
1967 $370.83 3.49%
1968 $383.33 3.37%
1969 $395.83 3.26%
1970 $408.33 3.16%
1971 $433.33 6.12%
1972 $458.33 5.77%
1973 $500.00 9.09%
1974 $579.17 15.83%
1975 $666.67 15.11%
1976 $754.17 13.13%
1977 $845.83 12.15%
1978 $912.50 7.88%
1979 $995.83 9.13%
1980 $1,100.00 10.46%
1981 $1,204.17 9.47%
1982 $1,337.50 11.07%
1983 $1,475.00 10.28%
1984 $1,533.33 3.95%
1985 $1,633.33 6.52%
1986 $1,783.33 9.18%
1987 $1,933.33 8.41%
1988 $2,075.00 7.33%
1989 $2,229.17 7.43%
1990 $2,395.83 7.48%
1991 $2,470.83 3.13%
1992 $2,495.83 1.01%
1993 $2,537.50 1.67%
1994 $2,587.50 1.97%
1995 $2,708.33 4.67%
1996 $2,779.17 2.62%
1997 $2,787.50 0.30%
1998 $2,808.33 0.75%
1999 $2,850.00 1.48%
2000 $2,979.17 4.53%
2001 $3,108.33 4.34%
2002 $3,204.17 3.08%
2003 $3,291.67 2.73%
2004 $3,366.67 2.28%
2005 $3,458.33 2.72%
2006 $3,579.17 3.49%
2007 $3,662.50 2.33%
2008 $3,825.00 4.44%
2009 $3,891.67 1.74%
2010 $4,004.17 2.89%
2011 $4,137.50 3.33%
2012 $4,208.33 1.71%
2013 $4,312.50 2.48%
2014 $4,420.83 2.51%
2015 $4,487.50 1.51%
2016 $4,545.83 1.30%
2017 $4,633.33 1.92%
2018 $4,691.67 1.26%
2019 $4,780.81 1.90%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 47 more rows

How to Calculate Inflation Rate for $100, 1935 to 1988

This inflation calculator uses the following inflation rate formula:

CPI in 1988CPI in 1935
×
1935 AUD value
=
1988 AUD value

Then plug in historical CPI values. The Australian CPI was 2.4 in the year 1935 and 49.8 in 1988:

49.82.4
×
$100
=
$2,075

$100 in 1935 has the same "purchasing power" or "buying power" as $2,075 in 1988.

To get the total inflation rate for the 53 years between 1935 and 1988, we use the following formula:

CPI in 1988 - CPI in 1935CPI in 1935
×
100
=
Cumulative inflation rate (53 years)

Plugging in the values to this equation, we get:

49.8 - 2.42.4
×
100
=
1,975%

News headlines from 1935

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

  • Hitler violates the Treaty of Versailles by ordering German rearmament.
  • In an event known as "Black Sunday", a severe sandstorm strikes the US Midwest, coining the term "Dust Bowl".
  • Communist forces end their Long March bringing Mao Zedong to prominence.
  • First trans-pacific airmail flight by a flying boat the "China Clipper" that took off from Alameda, California

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: “$100 in 1935 → 1988 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 11 Dec. 2019, https://www.officialdata.org/1935-AUD-in-1988?amount=100.

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 1935 to 1988
Cumulative price change 1,975.00%
Average inflation rate 5.89%
Converted amount ($100 base) $2,075
Price difference ($100 base) $1,975.00
CPI in 1935 2.400
CPI in 1988 49.800
Inflation in 1935 4.35%
Inflation in 1988 7.33%
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