2012 | This means that 100 pesos in 1970 are equivalent to 875,070.6 pesos in 2020. The inflation rate in 1940 was 0.72%. Inflation data from 1665 to 1994 | To get the total inflation rate for the 1 years between 1939 and 1940, we use the following formula: Plugging in the values to this equation, we get: To help put this inflation into perspective, if we had invested $1 in the S&P 500 index in 1939, our investment would be nominally worth approximately $0.94 in 1940. the Bureau of Labor Statistics' In other words, it indicates how much are $100 worth today. 2010 | 1957 | 1937 | 2004 | The U.S. CPI was 13.9 in the year 1939 and 14 in 1940: $1 in 1939 has the same "purchasing power" or "buying power" as $1.01 in 1940. 1959 | Given that money changes with time as a result of an inflation rate that acts as a compound interest, the following formula can be used: FV = PV (1 + i)n, where: In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. 2014 | # of years). in2013dollars.com is a reference website maintained by the Official Data Foundation. Inflation rate is calculated by change in the consumer price index (CPI). 2003 | professor Robert Sahr at Oregon State University. This chart shows the average rate of inflation for select CPI categories between 1939 and 1940. 1963 | 1991 | Therefore, 1990 | Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1939 to latest available data for 1940 using average monthly close price. Given that money changes with time as a result of an inflation rate that acts as a compound interest, the following formula can be used: FV = PV (1 + i)n, where: In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. 1962 | 1939 | All calculations are performed in the local currency (PLN) and using 6 decimal digits. Britain and France declare war on Germany after it invades Poland, signaling the start of World War II. 1990 | 2017 | The 3.84% inflation rate means $100 in 1940 is equivalent to $1,692.98 in 2015. Therefore, 1927 | The Battle of Nanchang takes place between the Kuomintang ant the Japanese, during Sino-Japanese War. 1988 | 2011 | 2015 | Depending on the data available, results can be obtained by using the compound interest formula or the Consumer Price Index (CPI) formula. 1935 | 1979 | 1984 | 1929 | The average annual inflation rate between these periods was 13.51%. This inflation calculator uses the official US consumer price index. Calculates inflation to see what a U.S. dollar was worth in the past and today. 1996 | Purchasing power decreased by 0.72% in 1940 compared to 1939. 1989 | Auschwitz concentration camp is opened in Nazi-controlled Poland. Ian earned his degree in Computer Science from Dartmouth College. The Spanish Civil War ends when Madrid falls to Francisco Franco. 2009 | 2006 | Value of a dollar. 1985 | 1941 | Hitler makes a speech to the German Reichstag where he threatens Jews. The inflation rate in Mexico between 1970 and 2020 was 874,970.6%, which translates into a total increase of $874,970.6. On average, you would have to spend 0.72% more money in 1940 than in 1939 for the same item. In Canada, CA$1.00 in 1939 would be equivalent to CA$1.05 in 1940, an absolute change of CA$0.05 and a cumulative change of 5.13%. Value of $100 from 1940 to 2015 According to the Bureau of Labor Statistics consumer price index, prices in 2015 are 1,592.98% higher than average prices since 1940… 2008 | 2013 | 1934 | 2018 | In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. It was 13.90 in the previous year, 1939. The average annual inflation rate has been 4.93%. This page displays the 1953 | The following table contains relevant indicators: There are several ways to calculate the time value of money. You may use the following MLA citation for this page: 2013 | 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. Inflation data is provided by governments and international institutions on a monthly basis. Results show only up to 2 decimal digits to favour readability. The inflation rate in New Zealand between 1940 and today has been 4,817.49%, which translates into a total increase of $4,817.49. 1967 | 2008 | 1931 | 2014 | 1969 | Was an annual wage of 25 pounds per year in 1780 much compared to the wage rates at the time?