¥8234 in 2001 is worth ¥13352.98 today

13'352.98

Value of ¥8234 from 2001 to 2024

In 1913 the price of ¥8234 is approximately equal to ¥13352.98 today in 2024. Prices changed by 2.08% (or ¥222.56) per year on average during that period. It means that every purchase will cost you 1.62 times as much.
For anyone curious about the value of ¥8234 in 2001 and what it would be worth today in 2024, this page provides a detailed analysis using the cumulative price change, average inflation rate, and other key financial indicators.


How Much is ¥8234 in 2001 Worth Today?

  • Converted Amount: The ¥8234 from 2001, adjusted for inflation, would be equivalent to ¥13352.98 in 2024.
  • Cumulative Price Change: Over this period, the cumulative price change has been 62.17%.
  • Average Inflation Rate: The average annual inflation rate between 2001 and 2024 has been 2.08%.
Inflation from 2001 to 2024
Cumulative price change 62.17%
Average inflation rate 2.08%
Converted amount ¥13352.98
Price difference ¥5118.98
CPI in 2001 633.63
CPI in 20241027.55
Inflation in 20010.70%
Inflation in 20240.08%
¥8234 in 2001¥13352.98 in 2024

Key Financial Indicators:

Consumer Price Index (CPI) Comparison

  • CPI in 2001: 633.63
  • CPI in 2024: 1027.55

The CPI index has changed by 17.13 points per year on average over 23 years. The chart below represents the price changes from 2001 to 2024 (for convenience, the values converted in Chinese Yuans):

Inflation Rate at 2001 and 2024

  • Inflation in 2001: 0.70%
  • Inflation in 2024: 0.08%

Price Difference

  • The price difference between 2001 and 2024 is ¥5118.98.

2001 to 2024 Inflation Calculator

To understand the transformation of ¥8234 from 2001 into 2024 Chinese Yuans, consider the following table:

YearCPIInflation rateValue in 2024
2001633.630.70%¥8234
20241027.550.08%¥13352.98

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


Buying Power of ¥8234 in 2001

¥8234 in the year 2001 is now worth ¥13352.98 in 2024, showing a substantial increase of ¥5118.98 over the years. This change underscores how the average inflation rate of 2.08% annually has eroded the purchasing power of the Chinese Yuan.

It means that the real purchasing power has decreased and, adjusted for inflation, you can buy 1.62 times less for the same amount of money.

To illustrate this, let's see the chart below that demonstrates how ¥8234 has significantly decreased in worth over 23 years:

Inflation from 2001 to 2024
Cumulative price change 62.17%
Average inflation rate 2.08%
Converted amount 13352.98
Price difference 5118.98
CPI in 2001 633.63
CPI in 20241027.55
Inflation in 20010.70%
Inflation in 20240.08%
8234 in 200113352.98 in 2024