$1 in 2010 is worth $1.20 in 2019

Value of $1 from 2010 to 2019

$1 in 2010 is equivalent in purchasing power to about $1.20 in 2019, an increase of $0.20 over 9 years. The dollar had an average inflation rate of 2.02% per year between 2010 and 2019, producing a cumulative price increase of 19.77%.

This means that prices in 2019 are 1.20 times as high as average prices since 2010, according to the Bureau of Statistics consumer price index.

The inflation rate in 2010 was 2.89%. The inflation rate in 2019 was 1.59%. The 2019 inflation rate is lower compared to the average inflation rate of 3.29% per year between 2019 and 2024.


Inflation from 2010 to 2019
Cumulative price change19.77%
Average inflation rate2.02%
Converted amount
$1 base
$1.20
Price difference
$1 base
$0.20
CPI in 201096.100
CPI in 2019115.100
Inflation in 20102.89%
Inflation in 20191.59%
$1 in 2010$1.20 in 2019

AUD inflation since 2010
Annual Rate, the Bureau of Statistics CPI
Download

Buying power of $1 in 2010

This chart shows a calculation of buying power equivalence for $1 in 2010 (price index tracking began in 1922).

For example, if you started with $1, you would need to end with $1.20 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $1 is equivalent to $1.20 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 2010 dollars, the chart below shows how $1 is worth less over 9 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: 2010-2019
YearDollar ValueInflation Rate
2010$1.002.89%
2011$1.033.33%
2012$1.051.71%
2013$1.082.48%
2014$1.102.51%
2015$1.121.51%
2016$1.141.30%
2017$1.161.92%
2018$1.181.89%
2019$1.201.59%
2020$1.210.87%
2021$1.242.84%
2022$1.326.62%
2023$1.395.18%
2024$1.411.05%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 3 more rows

This conversion table shows various other 2010 amounts in 2019 dollars, based on the 19.77% change in prices:

Conversion: 2010 dollars in 2019
Initial valueEquivalent value
$1 dollar in 2010$1.20 dollars in 2019
$5 dollars in 2010$5.99 dollars in 2019
$10 dollars in 2010$11.98 dollars in 2019
$50 dollars in 2010$59.89 dollars in 2019
$100 dollars in 2010$119.77 dollars in 2019
$500 dollars in 2010$598.86 dollars in 2019
$1,000 dollars in 2010$1,197.71 dollars in 2019
$5,000 dollars in 2010$5,988.55 dollars in 2019
$10,000 dollars in 2010$11,977.11 dollars in 2019
$50,000 dollars in 2010$59,885.54 dollars in 2019
$100,000 dollars in 2010$119,771.07 dollars in 2019
$500,000 dollars in 2010$598,855.36 dollars in 2019
$1,000,000 dollars in 2010$1,197,710.72 dollars in 2019

How to calculate inflation rate for $1, 2010 to 2019

Our calculations use the following inflation rate formula to calculate the change in value between 2010 and 2019:

CPI in 2019 CPI in 2010
×
2010 AUD value
=
2019 AUD value

Then plug in historical CPI values. The Australian CPI was 96.1 in the year 2010 and 115.1 in 2019:

115.196.1
×
$1
=
$1.20

$1 in 2010 has the same "purchasing power" or "buying power" as $1.20 in 2019.

To get the total inflation rate for the 9 years between 2010 and 2019, we use the following formula:

CPI in 2019 - CPI in 2010CPI in 2010
×
100
=
Cumulative inflation rate (9 years)

Plugging in the values to this equation, we get:

115.1 - 96.196.1
×
100
=
20%

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 2010 → 2019 | Australia Inflation Calculator.” Official Inflation Data, Alioth Finance, 28 Mar. 2024, https://www.officialdata.org/australia/inflation/2010?amount=1&endYear=2019.

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 2010 to 2019
Cumulative price change19.77%
Average inflation rate2.02%
Converted amount
$1 base
$1.20
Price difference
$1 base
$0.20
CPI in 201096.100
CPI in 2019115.100
Inflation in 20102.89%
Inflation in 20191.59%
$1 in 2010$1.20 in 2019