According to the Bureau of Statistics consumer price index, prices in 1993 are 2,242.31% higher than average prices throughout 1939. The dollar experienced an average inflation rate of 6.01% per year during this period, meaning the real value of a dollar decreased.

In other words, $100 in 1939 is equivalent in purchasing power to about $2,342.31 in 1993, a difference of $2,242.31 over 54 years.

The 1939 inflation rate was 0.00%. The inflation rate in 1993 was 1.67%. The 1993 inflation rate is lower compared to the average inflation rate of 2.47% per year between 1993 and 2019.

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Cumulative price change | 2,242.31% |

Average inflation rate | 6.01% |

Converted amount ($100 base) | $2,342.31 |

Price difference ($100 base) | $2,242.31 |

CPI in 1939 | 2.600 |

CPI in 1993 | 60.900 |

Inflation in 1939 | 0.00% |

Inflation in 1993 | 1.67% |

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $100 in 1939 (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:

This inflation calculator uses the following inflation rate formula:

CPI in 1993CPI in 1939

×

1939 AUD value

=

1993 AUD value

Then plug in historical CPI values. The Australian CPI was 2.6 in the year 1939 and 60.9 in 1993:

60.92.6

×

$100

=

$100 in 1939 has the same "purchasing power" or "buying power" as $2,342.31 in 1993.

To get the total inflation rate for the 54 years between 1939 and 1993, we use the following formula:

CPI in 1993 - CPI in 1939CPI in 1939

×

100

=

Plugging in the values to this equation, we get:

60.9 - 2.62.6

×

100

=

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

- Hitler makes a speech to the German Reichstag where he threatens Jews.
- Mahatma Gandhi begins his fast in protest against Britain’s autocratic rule in India
- The Battle of Nanchang takes place between the Kuomintang ant the Japanese, during Sino-Japanese War.
- The Spanish Civil War ends when Madrid falls to Francisco Franco.
- Britain and France declare war on Germany after it invades Poland, signaling the start of World War II.
- Mussolini’s Italy joins Hitler's war against Great Britain and France.
- Winston Churchill is named British Prime Minister, succeeding Neville Chamberlain.
- Nazi blitzkrieg conquest of France begins when the Germans cross the Muese River.
- Auschwitz concentration camp is opened in Nazi-controlled Poland.

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: “1939 dollars in 1993 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 14 Dec. 2019, https://www.officialdata.org/1939-AUD-in-1993.

Special thanks to QuickChart for providing downloadable chart images.

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

Cumulative price change | 2,242.31% |

Average inflation rate | 6.01% |

Converted amount ($100 base) | $2,342.31 |

Price difference ($100 base) | $2,242.31 |

CPI in 1939 | 2.600 |

CPI in 1993 | 60.900 |

Inflation in 1939 | 0.00% |

Inflation in 1993 | 1.67% |