Referential AUD based on CPI (2013e)

[PEREZGONZALEZ Jose D (2013). Referential AUD based on CPI (2013e)3. Knowledge (ISSN 2324-1624), 2014, pages 1-3.] [DOI] [Printer friendly]

Referential AUD

The following table provides the inflator/deflator multiplier for calculating referential AUS dollars (rAUD, r$). It is based on the average annual CPI (Consumer Price Index), weighted average of 8 capital cities, for all groups (Rate Inflation, 20132). The formula is the following:

rAUD = nominal AUD + (nominal AUD * multiplier)
Year CPI A.Avg Base 2010 multiplier
1948 1.9 96.1 49.5789
1949 4.0 96.1 23.0250
1950 4.4 96.1 20.8409
1951 5.2 96.1 17.4808
1952 6.1 96.1 14.7541
1953 6.4 96.1 14.0156
1954 6.5 96.1 13.7846
1955 6.6 96.1 13.5606
1956 7.0 96.1 12.7286
1957 7.2 96.1 12.3472
1958 7.2 96.1 12.3472
1959 7.4 96.1 11.9865
1960 7.7 96.1 11.4805
1961 7.8 96.1 11.3205
1962 7.8 96.1 11.3205
1963 7.9 96.1 11.1646
1964 8.1 96.1 10.8642
1965 8.4 96.1 10.4405
1966 8.6 96.1 10.1744
1967 8.9 96.1 9.7978
1968 9.2 96.1 9.4457
1969 9.5 96.1 9.1158
1970 9.8 96.1 8.8061
1971 10.4 96.1 8.2404
1972 11.0 96.1 7.7364
1973 12.0 96.1 7.0083
1974 13.9 96.1 5.9137
1975 16.0 96.1 5.0063
1976 18.1 96.1 4.3094
1977 20.3 96.1 3.7340
1978 21.9 96.1 3.3881
1979 23.9 96.1 3.0209
1980 26.4 96.1 2.6402
1981 28.9 96.1 2.3253
1982 32.1 96.1 1.9938
1983 35.4 96.1 1.7147
1984 36.8 96.1 1.6114
1985 39.2 96.1 1.4515
1986 42.8 96.1 1.2453
1987 46.4 96.1 1.0711
1988 49.8 96.1 0.9297
1989 53.5 96.1 0.7963
1990 57.5 96.1 0.6713
1991 59.3 96.1 0.6206
1992 59.9 96.1 0.6043
1993 60.9 96.1 0.5780
1994 62.1 96.1 0.5475
1995 65.0 96.1 0.4785
1996 66.7 96.1 0.4408
1997 66.9 96.1 0.4365
1998 67.4 96.1 0.4258
1999 68.4 96.1 0.4050
2000 71.5 96.1 0.3441
2001 74.6 96.1 0.2882
2002 76.9 96.1 0.2497
2003 79.0 96.1 0.2165
2004 80.8 96.1 0.1894
2005 83.0 96.1 0.1578
2006 85.9 96.1 0.1187
2007 87.9 96.1 0.0933
2008 91.8 96.1 0.0468
2009 93.4 96.1 0.0289
2010 96.1 96.1 0.0000
2011 99.3 96.1 -0.0322
2012 101.0 96.1 -0.0485
2013 103.5 96.1 -0.0715
2014* 106.6 96.1 -0.0985
2015* 109.8 96.1 -0.1248
2016* 113.1 96.1 -0.1503
2017* 116.5 96.1 -0.1750
2018* 120.0 96.1 -0.1991
2019* 123.6 96.1 -0.2224
2020* 127.3 96.1 -0.2450
2021* 131.1 96.1 -0.2670
(*Assuming a 3% accumulated inflation rate.)

Author

Jose D PEREZGONZALEZ (2014). Massey University, Turitea Campus, Private Bag 11-222, Palmerston North 4442, New Zealand. (JDPerezgonzalezJDPerezgonzalez).

Want to know more?

Australian inflation calculator
Handy online calculator for estimating the value of the Australian dollar over time. The Reserve Bank of Australia's calculator includes inflation for 2010; thus, using it as your base year, you can estimate historical referential Australian dollars (rAUD, r$) with easy.
MeasuringWorth
A handy website to learn about different inflation indexes and calculate the value of money according to those indexes.
WikiofScience - Referential currency (list of topics)
This WikiofScience page provides a list of topics related to referential currencies (including to a full explanation of the concept of referential currency, thus, of referential dollars).

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