$100 in 1945 → $1,450.00 in 1987

Australia Inflation Calculator

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$100 in 1945 → $1,450.00 in 1987

Australian Inflation Rate, $100 in 1945 to 1987

According to the Bureau of Statistics consumer price index, prices in 1987 are 1,350.00% higher than average prices throughout 1945. The dollar experienced an average inflation rate of 6.57% per year during this period, meaning the real value of a dollar decreased.

In other words, $100 in 1945 is equivalent in purchasing power to about $1,450.00 in 1987, a difference of $1,350.00 over 42 years.

The 1945 inflation rate was 0.00%. The inflation rate in 1987 was 8.41%. The 1987 inflation rate is higher compared to the average inflation rate of 2.87% per year between 1987 and 2019.


Inflation from 1945 to 1987
Cumulative price change 1,350.00%
Average inflation rate 6.57%
Converted amount ($100 base) $1,450.00
Price difference ($100 base) $1,350.00
CPI in 1945 3.200
CPI in 1987 46.400
Inflation in 1945 0.00%
Inflation in 1987 8.41%

AUD inflation chart from 1922 to 2017


Buying power of $100 in 1945

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $100 in 1945 (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
1945 $100.00 -
1946 $100.00 0.00%
1947 $106.25 6.25%
1948 $115.63 8.82%
1949 $125.00 8.11%
1950 $137.50 10.00%
1951 $162.50 18.18%
1952 $190.62 17.31%
1953 $200.00 4.92%
1954 $203.13 1.56%
1955 $206.25 1.54%
1956 $218.75 6.06%
1957 $225.00 2.86%
1958 $225.00 0.00%
1959 $231.25 2.78%
1960 $240.63 4.05%
1961 $243.75 1.30%
1962 $243.75 0.00%
1963 $246.88 1.28%
1964 $253.12 2.53%
1965 $262.50 3.70%
1966 $268.75 2.38%
1967 $278.13 3.49%
1968 $287.50 3.37%
1969 $296.88 3.26%
1970 $306.25 3.16%
1971 $325.00 6.12%
1972 $343.75 5.77%
1973 $375.00 9.09%
1974 $434.38 15.83%
1975 $500.00 15.11%
1976 $565.63 13.13%
1977 $634.38 12.15%
1978 $684.37 7.88%
1979 $746.87 9.13%
1980 $825.00 10.46%
1981 $903.12 9.47%
1982 $1,003.13 11.07%
1983 $1,106.25 10.28%
1984 $1,150.00 3.95%
1985 $1,225.00 6.52%
1986 $1,337.50 9.18%
1987 $1,450.00 8.41%
1988 $1,556.25 7.33%
1989 $1,671.88 7.43%
1990 $1,796.88 7.48%
1991 $1,853.12 3.13%
1992 $1,871.88 1.01%
1993 $1,903.13 1.67%
1994 $1,940.63 1.97%
1995 $2,031.25 4.67%
1996 $2,084.38 2.62%
1997 $2,090.63 0.30%
1998 $2,106.25 0.75%
1999 $2,137.50 1.48%
2000 $2,234.38 4.53%
2001 $2,331.25 4.34%
2002 $2,403.13 3.08%
2003 $2,468.75 2.73%
2004 $2,525.00 2.28%
2005 $2,593.75 2.72%
2006 $2,684.38 3.49%
2007 $2,746.88 2.33%
2008 $2,868.75 4.44%
2009 $2,918.75 1.74%
2010 $3,003.12 2.89%
2011 $3,103.12 3.33%
2012 $3,156.25 1.71%
2013 $3,234.38 2.48%
2014 $3,315.62 2.51%
2015 $3,365.63 1.51%
2016 $3,409.37 1.30%
2017 $3,475.00 1.92%
2018 $3,518.75 1.26%
2019 $3,585.61 1.90%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 36 more rows

How to Calculate Inflation Rate for $100, 1945 to 1987

This inflation calculator uses the following inflation rate formula:

CPI in 1987CPI in 1945
×
1945 AUD value
=
1987 AUD value

Then plug in historical CPI values. The Australian CPI was 3.2 in the year 1945 and 46.4 in 1987:

46.43.2
×
$100
=
$1,450.00

$100 in 1945 has the same "purchasing power" or "buying power" as $1,450.00 in 1987.

To get the total inflation rate for the 42 years between 1945 and 1987, we use the following formula:

CPI in 1987 - CPI in 1945CPI in 1945
×
100
=
Cumulative inflation rate (42 years)

Plugging in the values to this equation, we get:

46.4 - 3.23.2
×
100
=
1,350%

News headlines from 1945

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

  • The USSR captures Budapest from Germany in a battle that kills 159,000 people.
  • The US Fleet captures Iwo Jima.
  • 1,500 US Navy ships bomb Okinawa: the operation is believed to be the largest of World War II
  • Iwo Jima is occupied by America, costing 6,000 American lives and a further 18,000 Japanese lives.
  • Buchenwald, the first Nazi concentration camp, is liberated.

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 1945 → 1987 | Australia Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 8 Dec. 2019, https://www.officialdata.org/1945-AUD-in-1987?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 1945 to 1987
Cumulative price change 1,350.00%
Average inflation rate 6.57%
Converted amount ($100 base) $1,450.00
Price difference ($100 base) $1,350.00
CPI in 1945 3.200
CPI in 1987 46.400
Inflation in 1945 0.00%
Inflation in 1987 8.41%
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