Value of $1 from 1995 to 1999
$1 in 1995 is equivalent in purchasing power to about $1.05 in 1999, an increase of $0.05 over 4 years. The dollar had an average inflation rate of 1.28% per year between 1995 and 1999, producing a cumulative price increase of 5.23%.
This means that prices in 1999 are 1.05 times as high as average prices since 1995, according to the Bureau of Statistics consumer price index.
The inflation rate in 1995 was 4.67%. The inflation rate in 1999 was 1.48%. The 1999 inflation rate is lower compared to the average inflation rate of 2.77% per year between 1999 and 2024.
⌃
| Cumulative price change | 5.23% |
| Average inflation rate | 1.28% |
| Converted amount $1 base | $1.05 |
| Price difference $1 base | $0.05 |
| CPI in 1995 | 65.000 |
| CPI in 1999 | 68.400 |
| Inflation in 1995 | 4.67% |
| Inflation in 1999 | 1.48% |
| $1 in 1995 | $1.05 in 1999 |
Buying power of $1 in 1995
This chart shows a calculation of buying power equivalence for $1 in 1995 (price index tracking began in 1922).
For example, if you started with $1, you would need to end with $1.05 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $1 is equivalent to $1.05 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 1995 dollars, the chart below shows how $1 is worth less over 4 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:
This conversion table shows various other 1995 amounts in 1999 dollars, based on the 5.23% change in prices:
| Initial value | Equivalent value |
|---|---|
| $1 dollar in 1995 | $1.05 dollars in 1999 |
| $5 dollars in 1995 | $5.26 dollars in 1999 |
| $10 dollars in 1995 | $10.52 dollars in 1999 |
| $50 dollars in 1995 | $52.62 dollars in 1999 |
| $100 dollars in 1995 | $105.23 dollars in 1999 |
| $500 dollars in 1995 | $526.15 dollars in 1999 |
| $1,000 dollars in 1995 | $1,052.31 dollars in 1999 |
| $5,000 dollars in 1995 | $5,261.54 dollars in 1999 |
| $10,000 dollars in 1995 | $10,523.08 dollars in 1999 |
| $50,000 dollars in 1995 | $52,615.38 dollars in 1999 |
| $100,000 dollars in 1995 | $105,230.77 dollars in 1999 |
| $500,000 dollars in 1995 | $526,153.85 dollars in 1999 |
| $1,000,000 dollars in 1995 | $1,052,307.69 dollars in 1999 |
How to calculate inflation rate for $1, 1995 to 1999
Our calculations use the following inflation rate formula to calculate the change in value between 1995 and 1999:
CPI in 1999 CPI in 1995
×
1995 AUD value
=
1999 AUD value
Then plug in historical CPI values. The Australian CPI was 65 in the year 1995 and 68.4 in 1999:
68.465
×
$1
=
$1.05
$1 in 1995 has the same "purchasing power" or "buying power" as $1.05 in 1999.
To get the total inflation rate for the 4 years between 1995 and 1999, we use the following formula:
CPI in 1999 - CPI in 1995CPI in 1995
×
100
=
Cumulative inflation rate (4 years)
Plugging in the values to this equation, we get:
68.4 - 6565
×
100
=
5%
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 → 1999 | Australia Inflation Calculator.” Official Inflation Data, Alioth Finance, 19 Apr. 2024, https://www.officialdata.org/1995-AUD-in-1999?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.
| Cumulative price change | 5.23% |
| Average inflation rate | 1.28% |
| Converted amount $1 base | $1.05 |
| Price difference $1 base | $0.05 |
| CPI in 1995 | 65.000 |
| CPI in 1999 | 68.400 |
| Inflation in 1995 | 4.67% |
| Inflation in 1999 | 1.48% |
| $1 in 1995 | $1.05 in 1999 |