Inflation in 1946 and its effect on dollar value
$1 in 1945 is equivalent in purchasing power to about $1 in 1946. The dollar had an average inflation rate of 0.00% per year between 1945 and 1946, producing a cumulative price increase of 0.00%. Purchasing power decreased by 0.00% in 1946 compared to 1945. On average, you would have to spend 0.00% more money in 1946 than in 1945 for the same item.
The inflation rate in 1945 was 0.00%. The inflation rate in 1946 was 0.00%. The 1946 inflation rate is lower compared to the average inflation rate of 4.92% per year between 1946 and 2024.
Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 1946 was 3.20. It was 3.20 in the previous year, 1945. The difference in CPI between the years is used by the Bureau of Statistics to officially determine inflation.
⌃
| Average inflation rate | 0.00% |
| Converted amount $1 base | $1 |
| Price difference $1 base | $0.00 |
| CPI in 1945 | 3.200 |
| CPI in 1946 | 3.200 |
| Inflation in 1945 | 0.00% |
| Inflation in 1946 | 0.00% |
| $1 in 1945 | $1 in 1946 |
How to calculate inflation rate for $1, 1945 to 1946
Our calculations use the following inflation rate formula to calculate the change in value between 1945 and 1946:
CPI in 1946 CPI in 1945
×
1945 AUD value
=
1946 AUD value
Then plug in historical CPI values. The Australian CPI was 3.2 in the year 1945 and 3.2 in 1946:
3.23.2
×
$1
=
$1
$1 in 1945 has the same "purchasing power" or "buying power" as $1 in 1946.
To get the total inflation rate for the 1 years between 1945 and 1946, we use the following formula:
CPI in 1946 - CPI in 1945CPI in 1945
×
100
=
Cumulative inflation rate (1 years)
Plugging in the values to this equation, we get:
3.2 - 3.23.2
×
100
=
0%
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: “Inflation Rate in 1946 | Australia Inflation Calculator.” Official Inflation Data, Alioth Finance, 12 Dec. 2024, https://www.officialdata.org/Australia-inflation-rate-in-1946.
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.
| Average inflation rate | 0.00% |
| Converted amount $1 base | $1 |
| Price difference $1 base | $0.00 |
| CPI in 1945 | 3.200 |
| CPI in 1946 | 3.200 |
| Inflation in 1945 | 0.00% |
| Inflation in 1946 | 0.00% |
| $1 in 1945 | $1 in 1946 |