¥5 in 1955 is worth ¥41.60 today

¥
¥ 41.60

The Impact of Inflation on value of ¥5 from 1955 to 2024

In 1913 the price of ¥5 is approximately equal to ¥41.60 in 2024. Prices changed by 3.21% (or ¥0.53) per year on average during that period. It means that every purchase will cost you 8.32 times as much.
Inflation is a powerful force that can erode the purchasing power of money over time. For anyone curious about the value of ¥5 in 1955 and what it would be worth in 2024, this page provides a detailed analysis using the cumulative price change, average inflation rate, and other key financial indicators.


How Much is ¥5 in 1955 Worth Today?

  • Converted Amount: The ¥5 from 1955, adjusted for inflation, would be equivalent to ¥41.60 in 2024.
  • Cumulative Price Change: Over this period, the cumulative price change has been 732.02%.
  • Average Inflation Rate: The average annual inflation rate between 1955 and 2024 has been 3.21%.
Inflation from 1955 to 2024
Cumulative price change 732.02%
Average inflation rate 3.21%
Converted amount 41.60
Price difference 36.60
CPI in 1955 123.5
CPI in 20241027.55
Inflation in 19550.30%
Inflation in 20240.08%
5 in 195541.60 in 2024

Key Financial Indicators:

Consumer Price Index (CPI) Comparison

  • CPI in 1955: 123.5
  • CPI in 2024: 1027.55

Inflation Rate at 1955 and 2024

  • Inflation in 1955: 0.30%
  • Inflation in 2024: 0.08%

Price Difference

  • The price difference between 1955 and 2024 is ¥36.60.

1955 to 2024 Inflation Calculator

To understand the transformation of ¥5 from 1955 into 2024 Chinese Yuans, consider the following table:

YearCPIInflation rateValue in 2024
1955123.50.30%¥5
20241027.550.08%¥41.60

This table highlights the key figures that affect how the value of money changes over time due to inflation.

Buying Power of ¥5 in 1955

¥5 in the year 1955 is now worth ¥41.60 in 2024, showing a substantial increase of ¥36.60 over the years. This change underscores how the average inflation rate of 3.21% annually has eroded the purchasing power of the Chinese Yuan.

Inflation from 1955 to 2024
Cumulative price change 732.02%
Average inflation rate 3.21%
Converted amount 41.60
Price difference 36.60
CPI in 1955 123.5
CPI in 20241027.55
Inflation in 19550.30%
Inflation in 20240.08%
5 in 195541.60 in 2024