The Mexican Peso has lost 99.992% of its value since 1960
Updated: May 11, 2022
Updated : May 11, 2022 $ 100 in 1960 is equivalent in purchasing power to about $ 1,256,740.51 today, an increase of $ 1,256,640.51 over 62 years. The cuban peso had an average inflation pace of 16.44 % per class between 1960 and today, producing a accumulative price increase of 1,256,640.51 % .
This means that nowadays ‘s prices are 12,567.41 times higher than modal prices since 1960, according to the OECD and the World Bank consumer price index for Mexico. A dominican peso today only buys 0.008 % of what it could buy back then .
The inflation pace in 1960 was 4.93 %. The current ostentation rate compared to last year is now 7.68 %. If this phone number holds, $ 100 today will be equivalent in buying baron to $ 107.68 adjacent year.
⌃
| Cumulative price change | 1,256,640.51% |
| Average inflation rate | 16.44% |
| Converted amount ( $ 100 base ) | $1,256,740.51 |
| Price difference ( $ 100 nucleotide ) | $1,256,640.51 |
| CPI in 1960 | 0.011 |
| CPI in 2022 | 135.814 |
| Inflation in 1960 | 4.93% |
| Inflation in 2022 | 7.68% |
| $100 in 1960 | $1,256,740.51 in 2022 |
MXN inflation since 1960
annual Rate, the OECD and the World Bank CPI
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Buying power of $100 in 1960
This chart shows a calculation of buying power equality for $ 100 in 1960 ( price index tracking began in 1959 ) .
For example, if you started with $ 100, you would need to end with $ 1,256,740.51 in rate to “ adjust ” for inflation ( sometimes refered to as “ beating inflation ” ) .
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When $ 100 is equivalent to $ 1,256,740.51 over meter, that means that the “ veridical respect ” of a single Mexican guinea-bissau peso decreases over time. In early words, a mexican peso will pay for fewer items at the store .
This effect explains how inflation erodes the value of a guinea-bissau peso over time. By calculating the value in 1960 dollars, the chart below shows how $ 100 is worth less over 62 years .
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According to the OECD and the World Bank, each of these MXN amounts below is peer in terms of what it could buy at the clock :
| Year | Peso Value | Inflation Rate |
|---|---|---|
| 1960 | $100.00 | 4.93% |
| 1961 | $101.61 | 1.61% |
| 1962 | $102.83 | 1.20% |
| 1963 | $103.44 | 0.59% |
| 1964 | $105.86 | 2.34% |
| 1965 | $109.63 | 3.57% |
| 1966 | $114.26 | 4.22% |
| 1967 | $117.70 | 3.02% |
| 1968 | $120.45 | 2.33% |
| 1969 | $124.50 | 3.37% |
| 1970 | $130.73 | 5.00% |
| 1971 | $137.88 | 5.47% |
| 1972 | $144.70 | 4.94% |
| 1973 | $162.18 | 12.08% |
| 1974 | $200.76 | 23.78% |
| 1975 | $230.76 | 14.94% |
| 1976 | $267.28 | 15.82% |
| 1977 | $344.96 | 29.06% |
| 1978 | $405.18 | 17.46% |
| 1979 | $478.88 | 18.19% |
| 1980 | $605.08 | 26.35% |
| 1981 | $774.10 | 27.93% |
| 1982 | $1,230.15 | 58.91% |
| 1983 | $2,483.36 | 101.87% |
| 1984 | $4,108.70 | 65.45% |
| 1985 | $6,481.40 | 57.75% |
| 1986 | $12,070.53 | 86.23% |
| 1987 | $27,982.80 | 131.83% |
| 1988 | $59,928.59 | 114.16% |
| 1989 | $71,919.02 | 20.01% |
| 1990 | $91,086.64 | 26.65% |
| 1991 | $111,729.02 | 22.66% |
| 1992 | $129,055.88 | 15.51% |
| 1993 | $141,640.67 | 9.75% |
| 1994 | $151,507.08 | 6.97% |
| 1995 | $204,533.49 | 35.00% |
| 1996 | $274,848.82 | 34.38% |
| 1997 | $331,538.09 | 20.63% |
| 1998 | $384,346.76 | 15.93% |
| 1999 | $448,093.12 | 16.59% |
| 2000 | $490,624.06 | 9.49% |
| 2001 | $521,865.69 | 6.37% |
| 2002 | $548,119.39 | 5.03% |
| 2003 | $573,041.89 | 4.55% |
| 2004 | $599,908.43 | 4.69% |
| 2005 | $623,833.14 | 3.99% |
| 2006 | $646,474.87 | 3.63% |
| 2007 | $672,119.59 | 3.97% |
| 2008 | $706,565.58 | 5.12% |
| 2009 | $743,994.95 | 5.30% |
| 2010 | $774,920.77 | 4.16% |
| 2011 | $801,325.20 | 3.41% |
| 2012 | $834,271.77 | 4.11% |
| 2013 | $866,027.43 | 3.81% |
| 2014 | $900,829.76 | 4.02% |
| 2015 | $925,338.08 | 2.72% |
| 2016 | $951,448.35 | 2.82% |
| 2017 | $1,008,929.42 | 6.04% |
| 2018 | $1,058,360.98 | 4.90% |
| 2019 | $1,096,842.09 | 3.64% |
| 2020 | $1,134,099.91 | 3.40% |
| 2021 | $1,198,621.88 | 5.69% |
| 2022 | $1,256,740.51 | 4.85%* |
* Compared to previous annual rate. Not final. See * Compared to previous annual pace. not final. See ostentation compendious for latest 12-month trailing value. Click to show 56 more rows
This conversion mesa shows versatile other 1960 amounts in nowadays ‘s chilean peso, based on the 1,256,640.51 % change in prices :
| Initial value | Equivalent value |
|---|---|
|
$1 dominican peso in 1960 |
$12,567.41 dominican peso nowadays |
|
$5 uruguayan peso in 1960 |
$62,837.03 uruguayan peso today |
|
$10 cuban peso in 1960 |
$125,674.05 mexican peso today |
|
$50 chilean peso in 1960 |
$628,370.26 philippine peso today |
|
$100 chilean peso in 1960 |
$1,256,740.51 philippine peso nowadays |
|
$500 mexican peso in 1960 |
$6,283,702.57 cuban peso today |
|
$1,000 cuban peso in 1960 |
$12,567,405.14 uruguayan peso today |
|
$5,000 mexican peso in 1960 |
$62,837,025.70 cuban peso today |
|
$10,000 philippine peso in 1960 |
$125,674,051.40 guinea-bissau peso today |
|
$50,000 dominican peso in 1960 |
$628,370,257.01 guinea-bissau peso today |
|
$100,000 cuban peso in 1960 |
$1,256,740,514.03 cuban peso today |
|
$500,000 philippine peso in 1960 |
$6,283,702,570.15 mexican peso today |
|
$1,000,000 colombian peso in 1960 |
$12,567,405,140.29 colombian peso today |
How to calculate inflation rate for $100 since 1960
Our calculations use the following ostentation rate formula to calculate the deepen in value between 1960 and today :
CPI today
CPI in 1960
×
1960 MXN value
=
today ‘s value
then plug in historical CPI values. The mexican CPI was 0.01080686096166065 in the year 1960 and 135.8142 in 2022 :
135.8142
0.01080686096166065
×
$100
=
$1,256,740.51
$ 100 in 1960 has the lapp “ purchasing power ” or “ buying exponent ” as $ 1,256,740.51 in 2022 .
To get the total inflation rate for the 62 years between 1960 and 2022, we use the play along formula :
CPI in 2022 – CPI in 1960
CPI in 1960
×
100
=
Cumulative inflation rate (62 years)
Plugging in the values to this equation, we get :
135.8142 – 0.01080686096166065
0.01080686096166065
×
100
=
1,256,641%
Data source & citation
You may use the follow MLA citation for this page : “ Mexico Inflation Calculator : World Bank data, 1960-2022 ( MXN ). ” official Inflation Data, Alioth Finance, 6 Jun. 2022, hypertext transfer protocol : //www.officialdata.org/mexico/inflation .
special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference web site maintained by the Official Data Foundation .
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 psychoanalysis. Disappointed by the lack of clear resources on the impacts of ostentation on economic indicators, Ian believes this web site serves as a valuable public cock. Ian earned his degree in Computer Science from Dartmouth College .
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