R$

Value of 1984 Brazilian Reals today

R$100 in 1984
R$2,293,040,192,948.94 in 2024

The inflation rate in Brazil between 1984 and today has been 2,293,040,192,848.94%, which translates into a total increase of R$2,293,040,192,848.94. This means that 100 reals in 1984 are equivalent to 2,293,040,192,948.94 reals in 2024. In other words, the purchasing power of R$100 in 1984 equals R$2,293,040,192,948.94 today. The average annual inflation rate between these periods has been 81.56%.

Inflation timeline in Brazil (1984 - 2024)

The following chart depicts the equivalence of R$100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (BRL) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1984-2023 2,155,723,302,237.98%
Cumulative inflation 1984-today 2,293,040,192,848.94%
Avg. Annual inflation 1984-2023 84.06%
CPI 1984 0
CPI 2023 154.55
CPI 2024-11 (latest official data) 163.89
CPI today 164.39

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1984 and 2023, use the corresponding CPI values:

Value2023
=Value1984 ×
CPI2023/CPI1984
=R$ 100 ×
154.55/0
R$2,155,723,302,337.98

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 164.39:

Valuetoday
=Value1984 ×
CPItoday/CPI1984
=R$ 100 ×
164.39/0
R$2,293,040,192,948.94

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are R$100 worth today. There are 39 years between 1984 and 2023 and the average inflation rate was 84.0619%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=R$100 × (1 + 0.840619)39
R$2,155,723,302,337.98

Brazil inflation - Conversion table

Initial Value Equivalent value
R$1 real in 1984 R$21,557,233,023.38 reals in 2023
R$5 reals in 1984 R$107,786,165,116.9 reals in 2023
R$10 reals in 1984 R$215,572,330,233.8 reals in 2023
R$50 reals in 1984 R$1,077,861,651,168.99 reals in 2023
R$100 reals in 1984 R$2,155,723,302,337.98 reals in 2023
R$500 reals in 1984 R$10,778,616,511,689.89 reals in 2023
R$1,000 reals in 1984 R$21,557,233,023,379.79 reals in 2023
R$5,000 reals in 1984 R$107,786,165,116,898.92 reals in 2023
R$10,000 reals in 1984 R$215,572,330,233,797.84 reals in 2023
R$50,000 reals in 1984 R$1,077,861,651,168,989.25 reals in 2023
R$100,000 reals in 1984 R$2,155,723,302,337,978.5 reals in 2023
R$500,000 reals in 1984 R$10,778,616,511,689,894 reals in 2023
R$1,000,000 reals in 1984 R$21,557,233,023,379,788 reals in 2023
Cumulative inflation From 1984 2,293,040,192,848.94%
Avg. annual inflation From 1984 81.56%
CPI 1984 0
CPI today 164.39

Value of Real over time (by year)

Period Value
1984 100
1985 325.99
1986 805.66
1987 2,645.27
1988 19,287.07
1989 295,231.83
1990 8,997,876.87
1991 47,939,480.6
1992 504,305,189.23
1993 10,224,185,916.89
1994 222,466,882,006.33
1995 369,310,596,432.85
1996 427,505,450,794.02
1997 457,117,514,390.5
1998 471,722,754,991.92
1999 494,641,127,756.07
2000 529,484,363,464.01
2001 565,702,938,665.3
2002 613,505,889,619.38
2003 703,782,699,707.73
2004 750,212,542,956.69
2005 801,748,717,663.31
2006 835,290,402,376.07
2007 865,705,630,759.84
2008 914,865,369,467.66
2009 959,584,407,555.78
2010 1,007,935,262,518.97
2011 1,074,826,279,696.91
2012 1,132,904,662,610.11
2013 1,203,193,437,873.08
2014 1,279,344,144,394.47
2015 1,394,867,640,312.18
2016 1,516,766,518,266.7
2017 1,569,040,577,955.04
2018 1,626,543,996,426.91
2019 1,687,262,584,809.7
2020 1,741,453,192,635.82
2021 1,886,022,854,348.34
2022 2,061,048,056,119.43
2023 2,155,723,302,337.98
2024-11 2,286,020,678,354.82
Today 2,293,040,192,948.94

All available years

Today's value of brazilian reals by year:

1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |

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