\$1 in 1930 has the very same purchasing strength as \$16.43 today. Over the 91 year this is a adjust of \$15.43.

You are watching: How much was 1 dollar worth in 1930

The average inflation rate of the dollar in between 1930 and also 2021 was 3.13% every year. The cumulative price boost of the dollar end this time was 1,542.57%.

## The worth of \$1 indigenous 1930 come 2021

So what does this data mean? It way that the price in 2021 are 0.16 greater than the median prices since 1930. A dollar today deserve to buy 6.09% that what it could buy in 1930.

These inflation figures use the office of labor Statistics (BLS) customer price index to calculation the value of \$1 between 1930 and also 2021.

The inflation rate for 1930 to be -2.34%, when the present year-over-year inflation rate (2020 come 2021) is 5.39%.

## USD Inflation since 1913

The chart listed below shows the inflation rate from 1913 once the office of job Statistics" consumer Price table of contents (CPI) was first established.

## The Buying power of \$1 in 1930

We can look at the purchase power identical for \$1 in 1930 to see how much friend would require to adjust for in order come beat inflation. For 1930 to 2021, if you started with \$1 in 1930, you would need to have \$16.43 in 1930 to save up v inflation rates.

So if we space saying that \$1 is tantamount to \$16.43 end time, you deserve to see the core ide of inflation in action. The "real value" of a solitary dollar decreases end time. It will pay for fewer items at the store than that did previously.

In the chart listed below you can see just how the value of the dissension is worth less over 91 years.

## Value that \$1 over Time

In the table listed below we have the right to see the value of the us Dollar end time. Follow to the BLS, each of these quantities are equivalent in regards to what the amount might purchase in ~ the time.

YearDollar ValueInflation Rate19301931193219331934193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964 196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021
\$1.00-2.34%
\$0.91-8.98%
\$0.82-9.87%
\$0.78-5.11%
\$0.803.08%
\$0.822.24%
\$0.831.46%
\$0.863.60%
\$0.84-2.08%
\$0.83-1.42%
\$0.840.72%
\$0.885.00%
\$0.9810.88%
\$1.046.13%
\$1.051.73%
\$1.082.27%
\$1.178.33%
\$1.3414.36%
\$1.448.07%
\$1.43-1.24%
\$1.441.26%
\$1.567.88%
\$1.591.92%
\$1.600.75%
\$1.610.75%
\$1.60-0.37%
\$1.631.49%
\$1.683.31%
\$1.732.85%
\$1.740.69%
\$1.771.72%
\$1.791.01%
\$1.811.00%
\$1.831.32%
\$1.861.31%
\$1.891.61%
\$1.942.86%
\$2.003.09%
\$2.084.19%
\$2.205.46%
\$2.325.72%
\$2.434.38%
\$2.503.21%
\$2.666.22%
\$2.9511.04%
\$3.229.13%
\$3.415.76%
\$3.636.50%
\$3.907.59%
\$4.3511.35%
\$4.9313.50%
\$5.4410.32%
\$5.786.16%
\$5.963.21%
\$6.224.32%
\$6.443.56%
\$6.561.86%
\$6.803.65%
\$7.084.14%
\$7.434.82%
\$7.835.40%
\$8.164.21%
\$8.403.01%
\$8.652.99%
\$8.872.56%
\$9.132.83%
\$9.402.95%
\$9.612.29%
\$9.761.56%
\$9.982.21%
\$10.313.36%
\$10.602.85%
\$10.771.58%
\$11.022.28%
\$11.312.66%
\$11.693.39%
\$12.073.23%
\$12.422.85%
\$12.893.84%
\$12.85-0.36%
\$13.061.64%
\$13.473.16%
\$13.752.07%
\$13.951.46%
\$14.181.62%
\$14.190.12%
\$14.371.26%
\$14.682.13%
\$15.042.44%
\$15.311.81%
\$15.501.23%
\$16.435.99%

## US disagreement Inflation Conversion

If you"re interested to view the effect of inflation on assorted 1950 amounts, the table listed below shows exactly how much each amount would certainly be worth today based upon the price rise of 1,542.57%.

Initial ValueEquivalent Value
\$1.00 in 1930\$16.43 today
\$5.00 in 1930\$82.13 today
\$10.00 in 1930\$164.26 today
\$50.00 in 1930\$821.29 today
\$100.00 in 1930\$1,642.57 today
\$500.00 in 1930\$8,212.87 today
\$1,000.00 in 1930\$16,425.75 today
\$5,000.00 in 1930\$82,128.74 today
\$10,000.00 in 1930\$164,257.49 today
\$50,000.00 in 1930\$821,287.43 today
\$100,000.00 in 1930\$1,642,574.85 today
\$500,000.00 in 1930\$8,212,874.25 today
\$1,000,000.00 in 1930\$16,425,748.50 today

## Calculate Inflation rate for \$1 from 1930 come 2021

To calculate the inflation price of \$1 indigenous 1930 come 2021, we usage the complying with formula:

\$\$dfrac 1930; USD; value imes CPI; in; 2021 CPI; in; 1930 = 2021; USD; value \$\$

We then change the variables v the historical CPI values. The CPI in 1930 was 16.7 and also 274.31 in 2021.

\$\$dfrac \$1 imes 274.31 16.7 = ext \$16.43 \$\$

\$1 in 1930 has the same purchasing power as \$16.43 today.

To job-related out the total inflation rate for the 91 years between 1930 and also 2021, we have the right to use a different formula:

\$\$ dfrac extCPI in 2021 - ext CPI in 1930 extCPI in 1930 imes 100 = extCumulative price for 91 years \$\$

Again, we have the right to replace those variables v the correct customer Price Index values to job-related out the cumulativate rate:

\$\$ dfrac ext 274.31 - ext 16.7 ext 16.7 imes 100 = ext 1,542.57\% \$\$

## Inflation price Definition

The inflation price is the percentage rise in the average level of prices of a basket of selected products over time. It suggests a decrease in the purchasing strength of currency and results in an increased consumer price table of contents (CPI). Put simply, the inflation price is the price at i m sorry the general prices of customer goods increases when the money purchase strength is falling.

The most common reason of inflation is boost in the money supply, despite it deserve to be led to by countless different circumstances and also events. The value of the floating currency starts to decrease when it becomes abundant. What this method is the the currency is no as scarce and, together a result, no as valuable.

By to compare a list of standard assets (the CPI), the adjust in price over time will be measured through the inflation rate. The prices of products such together milk, bread, and gas will certainly be tracked with time after they room grouped together. Inflation mirrors that the money offered to buy these assets is no worth as much as it provided to be once there is rise in these products’ prices over time.

The inflation price is usually the rate at which money loser its worth when compared to the basket of selected goods – i m sorry is a fixed collection of customer products and services that space valued on an yearly basis.