The Australian dollar has lost 1% its value since 2024
Updated: January 15, 2025$100 in 2024 is equivalent in purchasing power to about $100.51 today. The dollar had an average inflation rate of 0.51% in the last 12 months. As a result, the real value of a dollar has been decreasing recently.
This means that today's prices are 1.01 times as high as average prices since 2024, according to the Bureau of Statistics consumer price index. A dollar today only buys 99.493% of what it could buy back then.
The inflation rate in 2024 was 3.36%. The current inflation rate compared to the end of last year is now 0.51%. If this number holds, $100 today will be equivalent in buying power to $100.51 next year.
⌃
| Average inflation rate | 0.51% |
| Converted amount $100 base | $100.51 |
| Price difference $100 base | $0.51 |
| CPI in 2024 | 138.400 |
| CPI in 2025 | 139.100 |
| Inflation in 2024 | 3.36% |
| Inflation in 2025 | 0.51% |
| $100 in 2024 | $100.51 in 2025 |
How to calculate inflation rate for $100 since 2024
Our calculations use the following inflation rate formula to calculate the change in value between 2024 and today:
CPI today CPI in 2024
×
2024 AUD value
=
Today's value
Then plug in historical CPI values. The Australian CPI was 138.4 in the year 2024 and 139.1 in 2025:
139.1138.4
×
$100
=
$100.51
$100 in 2024 has the same "purchasing power" or "buying power" as $100.51 in 2025.
To get the total inflation rate for the 1 years between 2024 and 2025, we use the following formula:
CPI in 2025 - CPI in 2024CPI in 2024
×
100
=
Cumulative inflation rate (1 years)
Plugging in the values to this equation, we get:
139.1 - 138.4138.4
×
100
=
1%
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: “Value of 2024 Australian dollars today | Australia Inflation Calculator.” Official Inflation Data, Alioth Finance, 16 Jan. 2025, https://www.officialdata.org/australia/inflation/2024.
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 | 0.51% |
| Converted amount $100 base | $100.51 |
| Price difference $100 base | $0.51 |
| CPI in 2024 | 138.400 |
| CPI in 2025 | 139.100 |
| Inflation in 2024 | 3.36% |
| Inflation in 2025 | 0.51% |
| $100 in 2024 | $100.51 in 2025 |