Result: ¥1,920 in 1996 → ¥1,999.46 in 2019
Value of ¥1,920 from 1996 to 2019
¥1,920 in 1996 is equivalent in purchasing power to about ¥1,999.46 in 2019, an increase of ¥79.46 over 23 years. The yen had an average inflation rate of 0.18% per year between 1996 and 2019, producing a cumulative price increase of 4.14%.
This means that prices in 2019 are 1.04 times as high as average prices since 1996, according to the OECD and the World Bank consumer price index for Japan.
The inflation rate in 1996 was 0.14%. The inflation rate in 2019 was 0.47%. The 2019 inflation rate is lower compared to the average inflation rate of 1.69% per year between 2019 and 2024.
⌃
| Cumulative price change | 4.14% |
| Average inflation rate | 0.18% |
| Converted amount ¥1,920 base | ¥1,999.46 |
| Price difference ¥1,920 base | ¥79.46 |
| CPI in 1996 | 97.777 |
| CPI in 2019 | 101.824 |
| Inflation in 1996 | 0.14% |
| Inflation in 2019 | 0.47% |
| ¥1,920 in 1996 | ¥1,999.46 in 2019 |
Buying power of ¥1,920 in 1996
This chart shows a calculation of buying power equivalence for ¥1,920 in 1996 (price index tracking began in 1955).
For example, if you started with ¥1,920, you would need to end with ¥1,999.46 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When ¥1,920 is equivalent to ¥1,999.46 over time, that means that the "real value" of a single Japanese yen decreases over time. In other words, a yen will pay for fewer items at the store.
This effect explains how inflation erodes the value of a yen over time. By calculating the value in 1996 dollars, the chart below shows how ¥1,920 is worth less over 23 years.
According to the OECD and the World Bank, each of these JPY amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1996 amounts in 2019 yen, based on the 4.14% change in prices:
| Initial value | Equivalent value |
|---|---|
| ¥1 yen in 1996 | ¥1.04 yen in 2019 |
| ¥5 yen in 1996 | ¥5.21 yen in 2019 |
| ¥10 yen in 1996 | ¥10.41 yen in 2019 |
| ¥50 yen in 1996 | ¥52.07 yen in 2019 |
| ¥100 yen in 1996 | ¥104.14 yen in 2019 |
| ¥500 yen in 1996 | ¥520.69 yen in 2019 |
| ¥1,000 yen in 1996 | ¥1,041.39 yen in 2019 |
| ¥5,000 yen in 1996 | ¥5,206.94 yen in 2019 |
| ¥10,000 yen in 1996 | ¥10,413.88 yen in 2019 |
| ¥50,000 yen in 1996 | ¥52,069.39 yen in 2019 |
| ¥100,000 yen in 1996 | ¥104,138.79 yen in 2019 |
| ¥500,000 yen in 1996 | ¥520,693.93 yen in 2019 |
| ¥1,000,000 yen in 1996 | ¥1,041,387.87 yen in 2019 |
How to calculate inflation rate for ¥1,920, 1996 to 2019
Our calculations use the following inflation rate formula to calculate the change in value between 1996 and 2019:
CPI in 2019 CPI in 1996
×
1996 JPY value
=
2019 JPY value
Then plug in historical CPI values. The Japanese CPI was 97.77721 in the year 1996 and 101.824 in 2019:
101.82497.77721
×
¥1,920
=
¥1,999.46
¥1,920 in 1996 has the same "purchasing power" or "buying power" as ¥1,999.46 in 2019.
To get the total inflation rate for the 23 years between 1996 and 2019, we use the following formula:
CPI in 2019 - CPI in 1996CPI in 1996
×
100
=
Cumulative inflation rate (23 years)
Plugging in the values to this equation, we get:
101.824 - 97.7772197.77721
×
100
=
4%
Data source & citation
You may use the following MLA citation for this page: “¥1,920 in 1996 → 2019 | Japan Inflation Calculator.” Official Inflation Data, Alioth Finance, 18 Oct. 2024, https://www.officialdata.org/japan/inflation/1996?amount=1920&endYear=2019.
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.
| Cumulative price change | 4.14% |
| Average inflation rate | 0.18% |
| Converted amount ¥1,920 base | ¥1,999.46 |
| Price difference ¥1,920 base | ¥79.46 |
| CPI in 1996 | 97.777 |
| CPI in 2019 | 101.824 |
| Inflation in 1996 | 0.14% |
| Inflation in 2019 | 0.47% |
| ¥1,920 in 1996 | ¥1,999.46 in 2019 |