$1 in 1995 is worth $0.92 in 1992

Value of $1 from 1995 to 1992

$1 in 1995 is equivalent in purchasing power to about $0.92 in 1992, an increase of $-0.08 over 3 years. The dollar had an average inflation rate of 2.76% per year between 1992 and 1995, producing a cumulative price increase of -7.85%.

This means that prices in 1992 are 7.85% lower than average prices since 1995, according to the Bureau of Statistics consumer price index.

The inflation rate in 1992 was 1.01%. The inflation rate in 1995 was 4.67%. The 1995 inflation rate is higher compared to the average inflation rate of 2.56% per year between 1995 and 2024.


Inflation from 1995 to 1992
Cumulative price change-7.85%
Average inflation rate2.76%
Converted amount
$1 base
$0.92
Price difference
$1 base
$-0.08
CPI in 199565.000
CPI in 199259.900
Inflation in 19921.01%
Inflation in 19954.67%
$1 in 1995$0.92 in 1992

Recent AUD inflation
Annual Rate, the Bureau of Statistics CPI
Download

Buying power of $1 in 1992

This chart shows a calculation of buying power equivalence for $1 in 1992 (price index tracking began in 1922).

For example, if you started with $1, you would need to end with $0.92 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $1 is equivalent to $0.92 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 1992 dollars, the chart below shows how $1 is worth less over 3 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:

Dollar inflation: 1992-1995
YearDollar ValueInflation Rate
1992$1.001.01%
1993$1.021.67%
1994$1.041.97%
1995$1.094.67%
1996$1.112.62%
1997$1.120.30%
1998$1.130.75%
1999$1.141.48%
2000$1.194.53%
2001$1.254.34%
2002$1.283.08%
2003$1.322.73%
2004$1.352.28%
2005$1.392.72%
2006$1.433.49%
2007$1.472.33%
2008$1.534.44%
2009$1.561.74%
2010$1.602.89%
2011$1.663.33%
2012$1.691.71%
2013$1.732.48%
2014$1.772.51%
2015$1.801.51%
2016$1.821.30%
2017$1.861.92%
2018$1.891.89%
2019$1.921.59%
2020$1.940.87%
2021$1.992.84%
2022$2.136.62%
2023$2.245.18%
2024$2.261.05%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 1992 amounts in 1995 dollars, based on the -7.85% change in prices:

Conversion: 1992 dollars in 1995
Initial valueEquivalent value
$1 dollar in 1992$1.09 dollars in 1995
$5 dollars in 1992$5.43 dollars in 1995
$10 dollars in 1992$10.85 dollars in 1995
$50 dollars in 1992$54.26 dollars in 1995
$100 dollars in 1992$108.51 dollars in 1995
$500 dollars in 1992$542.57 dollars in 1995
$1,000 dollars in 1992$1,085.14 dollars in 1995
$5,000 dollars in 1992$5,425.71 dollars in 1995
$10,000 dollars in 1992$10,851.42 dollars in 1995
$50,000 dollars in 1992$54,257.10 dollars in 1995
$100,000 dollars in 1992$108,514.19 dollars in 1995
$500,000 dollars in 1992$542,570.95 dollars in 1995
$1,000,000 dollars in 1992$1,085,141.90 dollars in 1995

How to calculate inflation rate for $1, 1992 to 1995

Our calculations use the following inflation rate formula to calculate the change in value between 1992 and 1995:

CPI in 1992 CPI in 1995
×
1995 AUD value
=
1992 AUD value

Then plug in historical CPI values. The Australian CPI was 65 in the year 1995 and 59.9 in 1992:

59.965
×
$1
=
$0.92

$1 in 1995 has the same "purchasing power" or "buying power" as $0.92 in 1992.

To get the total inflation rate for the 3 years between 1992 and 1995, we use the following formula:

CPI in 1992 - CPI in 1995CPI in 1995
×
100
=
Cumulative inflation rate (3 years)

Plugging in the values to this equation, we get:

59.9 - 6565
×
100
=
-8%

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: “$1 in 1995 → 1992 | Australia Inflation Calculator.” Official Inflation Data, Alioth Finance, 28 Mar. 2024, https://www.officialdata.org/1995-AUD-in-1992?amount=1.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

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


Ian Webster

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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Inflation from 1995 to 1992
Cumulative price change-7.85%
Average inflation rate2.76%
Converted amount
$1 base
$0.92
Price difference
$1 base
$-0.08
CPI in 199565.000
CPI in 199259.900
Inflation in 19921.01%
Inflation in 19954.67%
$1 in 1995$0.92 in 1992