Value of $1 from 1950 to 1949
$1 in 1950 is equivalent in purchasing power to about $0.91 in 1949. The dollar had an average inflation rate of 10.00% per year between 1949 and 1950, producing a cumulative price increase of -9.09%.
This means that prices in 1949 are 9.09% lower than average prices in 1950, according to the Bureau of Statistics consumer price index.
The inflation rate in 1949 was 8.11%. The inflation rate in 1950 was 10.00%. The 1950 inflation rate is higher compared to the average inflation rate of 4.69% per year between 1950 and 2026.
⌃
| Average inflation rate | 10.00% |
|
Converted amount
$1 base | $0.91 |
|
Price difference
$1 base | $-0.09 |
| CPI in 1950 | 4.400 |
| CPI in 1949 | 4.000 |
| Inflation in 1949 | 8.11% |
| Inflation in 1950 | 10.00% |
| $1 in 1950 | $0.91 in 1949 |
How to calculate inflation rate for $1, 1949 to 1950
Our calculations use the following inflation rate formula to calculate the change in value between 1949 and 1950:
CPI in 1949CPI in 1950
×
1950 AUD value
=
1949 AUD value
Then plug in historical CPI values. The Australian CPI was 4.4 in the year 1950 and 4 in 1949:
44.4
×
$1
=
$0.91
$1 in 1950 has the same "purchasing power" or "buying power" as $0.91 in 1949.
To get the total inflation rate for the 1 years between 1949 and 1950, we use the following formula:
CPI in 1949 - CPI in 1950CPI in 1950
×
100
=
Cumulative inflation rate (1 years)
Plugging in the values to this equation, we get:
4 - 4.44.4
×
100
=
-9%
Frequently asked questions
How much is $1 from 1950 worth in 1949?
$1 in 1950 has about the same buying power as $0.91 in 1949, based on the consumer price index published by the Bureau of Statistics. Prices in 1949 are 9.09% lower than they were in 1950.
What was the inflation rate in 1949?
The Australian inflation rate in 1949 was 8.11%, measured as the change in the consumer price index from 1948 to 1949. See inflation in 1949 for more detail.
What has the average inflation rate been from 1949 to 1950?
Prices rose by an average of 10.00% per year between 1949 and 1950, a cumulative increase of 10.00%.
How is this calculated?
Divide the CPI in 1949 (4) by the CPI in 1950 (4.4), then multiply by the original amount: 4 ÷ 4.4 × $1 = $0.91. See the step-by-step formula above.
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 1950 → $0.91 in 1949 | Australia Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 Oct. 2026, https://www.officialdata.org/australia/inflation/1950?amount=1&endYear=1949.
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 | 10.00% |
|
Converted amount
$1 base | $0.91 |
|
Price difference
$1 base | $-0.09 |
| CPI in 1950 | 4.400 |
| CPI in 1949 | 4.000 |
| Inflation in 1949 | 8.11% |
| Inflation in 1950 | 10.00% |
| $1 in 1950 | $0.91 in 1949 |