$100 in 2012 is equivalent in purchasing power to about $4,229,110,105.54 today, an increase of $4,229,110,005.54 over 9 years. The bolivar had an average inflation rate of 603.66% per year between 2012 and today, producing a cumulative price increase of 4,229,110,005.54%.
This means that today's prices are 42,291,101.06 times as high as average prices since 2012, according to the International Monetary Fund consumer price index. A bolivar today only buys 0.000% of what it could buy back then.
The inflation rate in 2012 was 21.10%. The current inflation rate compared to the end of last year is now 2,700.00%. If this number holds, $100 today will be equivalent in buying power to $2,800.00 next year.
Cumulative price change | 4,229,110,005.54% |
Average inflation rate | 603.66% |
Converted amount $100 base | $4,229,110,105.54 |
Price difference $100 base | $4,229,110,005.54 |
CPI in 2012 | 402,287.191 |
CPI in 2021 | 17,013,168,256,313.000 |
Inflation in 2012 | 21.10% |
Inflation in 2021 | 2,700.00% |
$100 in 2012 | $4,229,110,105.54 in 2021 |
This chart shows a calculation of buying power equivalence for $100 in 2012 (price index tracking began in 1979).
For example, if you started with $100, you would need to end with $4,229,110,105.54 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $4,229,110,105.54 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 2012 dollars, the chart below shows how $100 is worth less over 9 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 2012 amounts in today's bolivars, based on the 4,229,110,005.54% change in prices:
Initial value | Equivalent value |
---|---|
$1 bolivar in 2012 | $42,291,101.06 bolivars today |
$5 bolivars in 2012 | $211,455,505.28 bolivars today |
$10 bolivars in 2012 | $422,911,010.55 bolivars today |
$50 bolivars in 2012 | $2,114,555,052.77 bolivars today |
$100 bolivars in 2012 | $4,229,110,105.54 bolivars today |
$500 bolivars in 2012 | $21,145,550,527.68 bolivars today |
$1,000 bolivars in 2012 | $42,291,101,055.35 bolivars today |
$5,000 bolivars in 2012 | $211,455,505,276.76 bolivars today |
$10,000 bolivars in 2012 | $422,911,010,553.52 bolivars today |
$50,000 bolivars in 2012 | $2,114,555,052,767.61 bolivars today |
$100,000 bolivars in 2012 | $4,229,110,105,535.22 bolivars today |
$500,000 bolivars in 2012 | $21,145,550,527,676.11 bolivars today |
$1,000,000 bolivars in 2012 | $42,291,101,055,352.22 bolivars today |
Our calculations use the following inflation rate formula to calculate the change in value between 2012 and today:
Then plug in historical CPI values. The Venezuelan CPI was 402287.1912 in the year 2012 and 17013168256313 in 2021:
$100 in 2012 has the same "purchasing power" or "buying power" as $4,229,110,105.54 in 2021.
To get the total inflation rate for the 9 years between 2012 and 2021, we use the following formula:
Plugging in the values to this equation, we get:
Raw data for these calculations comes from the government of Venezuela's annual (CPI) as provided by the International Monetary Fund.
You may use the following MLA citation for this page: “$100 in 2012 → 2021 | Venezuela Inflation Calculator.” Official Inflation Data, Alioth Finance, 13 Apr. 2025, https://www.officialdata.org/ve/inflation/2012?amount=100.
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 | 4,229,110,005.54% |
Average inflation rate | 603.66% |
Converted amount $100 base | $4,229,110,105.54 |
Price difference $100 base | $4,229,110,005.54 |
CPI in 2012 | 402,287.191 |
CPI in 2021 | 17,013,168,256,313.000 |
Inflation in 2012 | 21.10% |
Inflation in 2021 | 2,700.00% |
$100 in 2012 | $4,229,110,105.54 in 2021 |