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Result: ¥100 in 1986 → ¥504.44 in 2024


Value of ¥100 from 1986 to 2024

Updated: March 12, 2024

¥100 in 1986 is equivalent in purchasing power to about ¥504.44 today, an increase of ¥404.44 over 38 years. The renminbi had an average inflation rate of 4.35% per year between 1986 and today, producing a cumulative price increase of 404.44%.

This means that today's prices are 5.04 times as high as average prices since 1986, according to the OECD and the World Bank consumer price index for China. A renminbi today only buys 19.824% of what it could buy back then.

The inflation rate in 1986 was Infinity%. The current inflation rate compared to last year is now -0.48%. If this number holds, ¥100 today will be equivalent in buying power to ¥99.52 next year.


Inflation from 1986 to 2024
Cumulative price change404.44%
Average inflation rate4.35%
Converted amount
¥100 base
¥504.44
Price difference
¥100 base
¥404.44
CPI in 198622.666
CPI in 2024114.336
Inflation in 19860.00%
Inflation in 2024-0.48%
¥100 in 1986¥504.44 in 2024

CNY inflation since 1986
Annual Rate, the OECD and the World Bank CPI
Download

Buying power of ¥100 in 1986

This chart shows a calculation of buying power equivalence for ¥100 in 1986 (price index tracking began in 1986).

For example, if you started with ¥100, you would need to end with ¥504.44 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When ¥100 is equivalent to ¥504.44 over time, that means that the "real value" of a single Chinese renminbi decreases over time. In other words, a renminbi will pay for fewer items at the store.

This effect explains how inflation erodes the value of a renminbi over time. By calculating the value in 1986 dollars, the chart below shows how ¥100 is worth less over 38 years.

According to the OECD and the World Bank, each of these CNY amounts below is equal in terms of what it could buy at the time:

Renminbi inflation: 1986-2024
YearRenminbi ValueInflation Rate
1986¥100.00NaN%
1987¥107.237.23%
1988¥127.4118.81%
1989¥150.6518.25%
1990¥155.253.05%
1991¥160.773.56%
1992¥170.996.35%
1993¥195.9714.61%
1994¥243.5124.26%
1995¥284.3916.79%
1996¥308.048.31%
1997¥316.622.79%
1998¥314.17-0.77%
1999¥309.77-1.40%
2000¥310.850.35%
2001¥313.080.72%
2002¥310.79-0.73%
2003¥314.291.13%
2004¥326.313.82%
2005¥332.111.78%
2006¥337.591.65%
2007¥353.854.82%
2008¥374.825.93%
2009¥372.09-0.73%
2010¥383.903.18%
2011¥405.225.55%
2012¥415.842.62%
2013¥426.742.62%
2014¥434.941.92%
2015¥441.191.44%
2016¥450.012.00%
2017¥457.181.59%
2018¥466.672.07%
2019¥480.202.90%
2020¥491.812.42%
2021¥496.640.98%
2022¥506.441.97%
2023¥507.710.25%
2024¥504.44-0.65%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 32 more rows

This conversion table shows various other 1986 amounts in today's renminbi, based on the 404.44% change in prices:

Conversion: 1986 renminbi today
Initial valueEquivalent value
¥1 renminbi in 1986¥5.04 renminbi today
¥5 renminbi in 1986¥25.22 renminbi today
¥10 renminbi in 1986¥50.44 renminbi today
¥50 renminbi in 1986¥252.22 renminbi today
¥100 renminbi in 1986¥504.44 renminbi today
¥500 renminbi in 1986¥2,522.18 renminbi today
¥1,000 renminbi in 1986¥5,044.37 renminbi today
¥5,000 renminbi in 1986¥25,221.85 renminbi today
¥10,000 renminbi in 1986¥50,443.69 renminbi today
¥50,000 renminbi in 1986¥252,218.47 renminbi today
¥100,000 renminbi in 1986¥504,436.94 renminbi today
¥500,000 renminbi in 1986¥2,522,184.72 renminbi today
¥1,000,000 renminbi in 1986¥5,044,369.45 renminbi today

How to calculate inflation rate for ¥100 since 1986

Our calculations use the following inflation rate formula to calculate the change in value between 1986 and today:

CPI today CPI in 1986
×
1986 CNY value
=
Today's value

Then plug in historical CPI values. The Chinese CPI was 22.66606332395398 in the year 1986 and 114.33599733189939 in 2024:

114.3359973318993922.66606332395398
×
¥100
=
¥504.44

¥100 in 1986 has the same "purchasing power" or "buying power" as ¥504.44 in 2024.

To get the total inflation rate for the 38 years between 1986 and 2024, we use the following formula:

CPI in 2024 - CPI in 1986CPI in 1986
×
100
=
Cumulative inflation rate (38 years)

Plugging in the values to this equation, we get:

114.33599733189939 - 22.6660633239539822.66606332395398
×
100
=
404%

Data source & citation

You may use the following MLA citation for this page: “¥100 in 1986 → 2024 | China Inflation Calculator.” Official Inflation Data, Alioth Finance, 24 Mar. 2024, https://www.officialdata.org/china/inflation/1986?amount=100.

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 1986 to 2024
Cumulative price change404.44%
Average inflation rate4.35%
Converted amount
¥100 base
¥504.44
Price difference
¥100 base
¥404.44
CPI in 198622.666
CPI in 2024114.336
Inflation in 19860.00%
Inflation in 2024-0.48%
¥100 in 1986¥504.44 in 2024