$100 in 1937 → $4,040 in 2012

Australia Inflation Calculator

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$100 in 1937 → $4,040 in 2012

Australian Inflation Rate, $100 in 1937 to 2012

According to the Bureau of Statistics consumer price index, prices in 2012 are 3,940.00% higher than average prices throughout 1937. The dollar experienced an average inflation rate of 5.06% per year during this period, meaning the real value of a dollar decreased.

In other words, $100 in 1937 is equivalent in purchasing power to about $4,040 in 2012, a difference of $3,940.00 over 75 years.

The 1937 inflation rate was 4.17%. The inflation rate in 2012 was 1.71%. The 2012 inflation rate is lower compared to the average inflation rate of 1.84% per year between 2012 and 2019.


Inflation from 1937 to 2012
Cumulative price change 3,940.00%
Average inflation rate 5.06%
Converted amount ($100 base) $4,040
Price difference ($100 base) $3,940.00
CPI in 1937 2.500
CPI in 2012 101.000
Inflation in 1937 4.17%
Inflation in 2012 1.71%

AUD inflation chart from 1922 to 2017


Buying power of $100 in 1937

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $100 in 1937 (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
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.
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How to Calculate Inflation Rate for $100, 1937 to 2012

This inflation calculator uses the following inflation rate formula:

CPI in 2012CPI in 1937
×
1937 AUD value
=
2012 AUD value

Then plug in historical CPI values. The Australian CPI was 2.5 in the year 1937 and 101 in 2012:

1012.5
×
$100
=
$4,040

$100 in 1937 has the same "purchasing power" or "buying power" as $4,040 in 2012.

To get the total inflation rate for the 75 years between 1937 and 2012, we use the following formula:

CPI in 2012 - CPI in 1937CPI in 1937
×
100
=
Cumulative inflation rate (75 years)

Plugging in the values to this equation, we get:

101 - 2.52.5
×
100
=
3,940%

News headlines from 1937

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

  • The Second Sino-Japanese War starts when Japanese and Chinese troops clash at the Marco Polo Bridge.
  • 193,000 Russians are executed by order of the Politburo's Operative Order 00447.
  • Adolf Hitler and his military leaders hold a secret meeting where he reveals his plan to go to war.

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: “1937 dollars in 2012 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 10 Dec. 2019, https://www.officialdata.org/1937-AUD-in-2012.

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 1937 to 2012
Cumulative price change 3,940.00%
Average inflation rate 5.06%
Converted amount ($100 base) $4,040
Price difference ($100 base) $3,940.00
CPI in 1937 2.500
CPI in 2012 101.000
Inflation in 1937 4.17%
Inflation in 2012 1.71%
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