Venezuela Inflation Calculator

Buying power of $100 in 1980

This chart shows a calculation of buying power equivalence for $100 in 1980 (price index tracking began in 1979).

For example, if you started with $100, you would need to end with $14,014,141,891,526.36 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $100 is equivalent to $14,014,141,891,526.36 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 1980 dollars, the chart below shows how $100 is worth less over 41 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:

This conversion table shows various other 1980 amounts in today's bolivars, based on the 14,014,141,891,426.36% change in prices:

How to calculate inflation rate for $100 since 1980

Our calculations use the following inflation rate formula to calculate the change in value between 1980 and today:

Then plug in historical CPI values. The Venezuelan CPI was 121.4 in the year 1980 and 17013168256313 in 2021:

$100 in 1980 has the same "purchasing power" or "buying power" as $14,014,141,891,526.36 in 2021.

To get the total inflation rate for the 41 years between 1980 and 2021, we use the following formula:

Plugging in the values to this equation, we get:

Data source & citation

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

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