Bs. 1 in 1985 is worth Bs. 0.69 in 1981

Bs.

Value of Bs. 1 from 1985 to 1981

Bs. 1 in 1985 is equivalent in purchasing power to about Bs. 0.69 in 1981, a difference of Bs. -0.31 over 4 years. The bolivar had an average inflation rate of 9.83% per year between 1981 and 1985, producing a cumulative price increase of -31.26%.

This means that prices in 1981 are 31.26% lower than average prices in 1985, according to the International Monetary Fund consumer price index.

The inflation rate in 1981 was 16.20%. The inflation rate in 1985 was 11.40%. The 1985 inflation rate is lower compared to the average inflation rate of 101.04% per year between 1985 and 2021.

⌃

Inflation from 1985 to 1981
Cumulative price change -31.26%
Average inflation rate 9.83%
Converted amount
Bs. 1 base
Bs. 0.69
Price difference
Bs. 1 base
Bs. -0.31
CPI in 1985 205.229
CPI in 1981 141.067
Inflation in 1981 16.20%
Inflation in 1985 11.40%
Bs. 1 in 1985 Bs. 0.69 in 1981

VEF inflation since 1981
Annual Rate, the International Monetary Fund CPI
Download

Buying power of Bs. 1 in 1981

This chart shows a calculation of buying power equivalence for Bs. 1 in 1981 (price index tracking began in 1979).

For example, if you started with Bs. 1, you would need to end with Bs. 0.69 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When Bs. 1 is equivalent to Bs. 0.69 over time, that means that the "real value" of a single Venezuelan bolivar decreases over time. In other words, a bolivar will pay for fewer items at the store.

This effect explains how inflation erodes the value of a bolivar over time. By calculating the value in 1981 dollars, the chart below shows how Bs. 1 is worth less over 4 years.

According to the International Monetary Fund, each of these VEF amounts below is equal in terms of what it could buy at the time:

Bolivar inflation: 1981-1985
YearBolivar ValueInflation Rate
1981Bs. 1.0016.20%
1982Bs. 1.109.60%
1983Bs. 1.166.20%
1984Bs. 1.3112.20%
1985Bs. 1.4511.40%
1986Bs. 1.6211.50%
1987Bs. 2.0828.10%
1988Bs. 2.6929.50%
1989Bs. 4.9684.50%
1990Bs. 6.9940.70%
1991Bs. 9.3734.20%
1992Bs. 12.3231.40%
1993Bs. 17.0138.10%
1994Bs. 27.3560.80%
1995Bs. 43.7459.90%
1996Bs. 87.4499.90%
1997Bs. 131.1550.00%
1998Bs. 178.1135.80%
1999Bs. 220.1423.60%
2000Bs. 255.8016.20%
2001Bs. 287.7812.50%
2002Bs. 352.2422.40%
2003Bs. 461.7831.10%
2004Bs. 561.9921.70%
2005Bs. 651.9116.00%
2006Bs. 741.2213.70%
2007Bs. 879.8318.70%
2008Bs. 1,156.1031.40%
2009Bs. 1,456.6826.00%
2010Bs. 1,867.4628.20%
2011Bs. 2,354.8726.10%
2012Bs. 2,851.7521.10%
2013Bs. 4,092.2643.50%
2014Bs. 6,437.1357.30%
2015Bs. 13,633.83111.80%
2016Bs. 48,318.30254.40%
2017Bs. 171,481.66254.90%
2018Bs. 911,939.47431.80%
2019Bs. 175,092,379.1119,100.00%
2020Bs. 4,307,272,526.292,360.00%
2021Bs. 120,603,630,736.032,700.00%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 1981 amounts in 1985 bolivars, based on the -31.26% change in prices:

Conversion: 1981 bolivars in 1985
Initial valueEquivalent value
Bs. 1 bolivar in 1981 Bs. 1.45 bolivars in 1985
Bs. 5 bolivars in 1981 Bs. 7.27 bolivars in 1985
Bs. 10 bolivars in 1981 Bs. 14.55 bolivars in 1985
Bs. 50 bolivars in 1981 Bs. 72.74 bolivars in 1985
Bs. 100 bolivars in 1981 Bs. 145.48 bolivars in 1985
Bs. 500 bolivars in 1981 Bs. 727.42 bolivars in 1985
Bs. 1,000 bolivars in 1981 Bs. 1,454.83 bolivars in 1985
Bs. 5,000 bolivars in 1981 Bs. 7,274.16 bolivars in 1985
Bs. 10,000 bolivars in 1981 Bs. 14,548.33 bolivars in 1985
Bs. 50,000 bolivars in 1981 Bs. 72,741.65 bolivars in 1985
Bs. 100,000 bolivars in 1981 Bs. 145,483.29 bolivars in 1985
Bs. 500,000 bolivars in 1981 Bs. 727,416.46 bolivars in 1985
Bs. 1,000,000 bolivars in 1981 Bs. 1,454,832.92 bolivars in 1985

How to calculate inflation rate for Bs. 1, 1981 to 1985

Our calculations use the following inflation rate formula to calculate the change in value between 1981 and 1985:

CPI in 1981CPI in 1985
×
1985 VEF value
=
1981 VEF value

Then plug in historical CPI values. The Venezuelan CPI was 205.2286241 in the year 1985 and 141.0668 in 1981:

141.0668205.2286241
×
Bs. 1
=
Bs. 0.69

Bs. 1 in 1985 has the same "purchasing power" or "buying power" as Bs. 0.69 in 1981.

To get the total inflation rate for the 4 years between 1981 and 1985, we use the following formula:

CPI in 1981 - CPI in 1985CPI in 1985
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

141.0668 - 205.2286241205.2286241
×
100
=
-31%

Frequently asked questions

How much is Bs. 1 from 1985 worth in 1981?

Bs. 1 in 1985 has about the same buying power as Bs. 0.69 in 1981, based on the consumer price index published by the International Monetary Fund. Prices in 1981 are 31.26% lower than they were in 1985.

What was the inflation rate in 1981?

The Venezuelan inflation rate in 1981 was 16.20%, measured as the change in the consumer price index from 1980 to 1981. See inflation in 1981 for more detail.

What has the average inflation rate been from 1981 to 1985?

Prices rose by an average of 9.83% per year between 1981 and 1985, a cumulative increase of 45.48%. Because inflation compounds, these yearly changes add up over 4 years.

How is this calculated?

Divide the CPI in 1981 (141.067) by the CPI in 1985 (205.229), then multiply by the original amount: 141.067 ÷ 205.229 × Bs. 1 = Bs. 0.69. See the step-by-step formula above.


Data source & citation

Raw data for these calculations comes from the government of Venezuela's annual (CPI) as provided by the International Monetary Fund.

You may use the following MLA citation for this page: “Bs. 1 in 1985 → 1981 | Venezuela Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 Oct. 2026, https://www.officialdata.org/venezuela/inflation/1985?amount=1&endYear=1981.

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 1985 to 1981
Cumulative price change -31.26%
Average inflation rate 9.83%
Converted amount
Bs. 1 base
Bs. 0.69
Price difference
Bs. 1 base
Bs. -0.31
CPI in 1985 205.229
CPI in 1981 141.067
Inflation in 1981 16.20%
Inflation in 1985 11.40%
Bs. 1 in 1985 Bs. 0.69 in 1981