New Zealand Inflation Calculator

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Result: $100 in 2021 → $107.17 in 2022


The New Zealand dollar has lost 7% its value since 2021

Updated: April 10, 2025

$100 in 2021 is equivalent in purchasing power to about $107.17 today. The dollar had an average inflation rate of 5.45% in the last 12 months. As a result, the real value of a dollar has been decreasing recently.

This means that today's prices are 1.07 times as high as average prices since 2021, according to the OECD and the World Bank consumer price index for New Zealand. A dollar today only buys 93.310% of what it could buy back then.

The inflation rate in 2021 was 3.94%. The current inflation rate compared to the end of last year is now 5.45%. If this number holds, $100 today will be equivalent in buying power to $105.45 next year.


Inflation from 2021 to 2022
Average inflation rate5.45%
Converted amount
$100 base
$107.17
Price difference
$100 base
$7.17
CPI in 2021111.891
CPI in 2022119.917
Inflation in 20213.94%
Inflation in 20225.45%
$100 in 2021$107.17 in 2022

Recent NZD inflation
Annual Rate, the OECD and the World Bank CPI
Download

How to calculate inflation rate for $100 since 2021

Our calculations use the following inflation rate formula to calculate the change in value between 2021 and today:

CPI today CPI in 2021
×
2021 NZD value
=
Today's value

Then plug in historical CPI values. The New Zealand CPI was 111.8913 in the year 2021 and 119.9165 in 2022:

119.9165111.8913
×
$100
=
$107.17

$100 in 2021 has the same "purchasing power" or "buying power" as $107.17 in 2022.

To get the total inflation rate for the 1 years between 2021 and 2022, we use the following formula:

CPI in 2022 - CPI in 2021CPI in 2021
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

119.9165 - 111.8913111.8913
×
100
=
7%

Data source & citation

You may use the following MLA citation for this page: “Value of 2021 New Zealand dollars today | New Zealand Inflation Calculator.” Official Inflation Data, Alioth Finance, 2 May. 2025, https://www.officialdata.org/new-zealand/inflation/2021.

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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» Read more about inflation and investment.

Inflation from 2021 to 2022
Average inflation rate5.45%
Converted amount
$100 base
$107.17
Price difference
$100 base
$7.17
CPI in 2021111.891
CPI in 2022119.917
Inflation in 20213.94%
Inflation in 20225.45%
$100 in 2021$107.17 in 2022