$1 in 1995 is equivalent in purchasing power to about $2,757,318,675.93 today, an increase of $2,757,318,674.93 over 26 years. The bolivar had an average inflation rate of 130.73% per year between 1995 and today, producing a cumulative price increase of 275,731,867,493.30%.
This means that today's prices are 2,757,318,675.93 times as high as average prices since 1995, according to the International Monetary Fund consumer price index. A bolivar today only buys NaN% of what it could buy back then.
The inflation rate in 1995 was 59.90%. The current inflation rate compared to the end of last year is now 2,700.00%. If this number holds, $1 today will be equivalent in buying power to $28.00 next year.
Cumulative price change | 275,731,867,493.30% |
Average inflation rate | 130.73% |
Converted amount $1 base | $2,757,318,675.93 |
Price difference $1 base | $2,757,318,674.93 |
CPI in 1995 | 6,170.186 |
CPI in 2021 | 17,013,168,256,313.000 |
Inflation in 1995 | 59.90% |
Inflation in 2021 | 2,700.00% |
$1 in 1995 | $2,757,318,675.93 in 2021 |
This chart shows a calculation of buying power equivalence for $1 in 1995 (price index tracking began in 1979).
For example, if you started with $1, you would need to end with $2,757,318,675.93 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $1 is equivalent to $2,757,318,675.93 over time, that means that the "real value" of a single Venezuelan bolivar decreases over time. In other words, a bolivar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a bolivar over time. By calculating the value in 1995 dollars, the chart below shows how $1 is worth less over 26 years.
According to the International Monetary Fund, each of these VEF amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1995 amounts in today's bolivars, based on the 275,731,867,493.30% change in prices:
Initial value | Equivalent value |
---|---|
$1 bolivar in 1995 | $2,757,318,675.93 bolivars today |
$5 bolivars in 1995 | $13,786,593,379.67 bolivars today |
$10 bolivars in 1995 | $27,573,186,759.33 bolivars today |
$50 bolivars in 1995 | $137,865,933,796.65 bolivars today |
$100 bolivars in 1995 | $275,731,867,593.30 bolivars today |
$500 bolivars in 1995 | $1,378,659,337,966.52 bolivars today |
$1,000 bolivars in 1995 | $2,757,318,675,933.04 bolivars today |
$5,000 bolivars in 1995 | $13,786,593,379,665.18 bolivars today |
$10,000 bolivars in 1995 | $27,573,186,759,330.37 bolivars today |
$50,000 bolivars in 1995 | $137,865,933,796,651.80 bolivars today |
$100,000 bolivars in 1995 | $275,731,867,593,303.59 bolivars today |
$500,000 bolivars in 1995 | $1,378,659,337,966,518.25 bolivars today |
$1,000,000 bolivars in 1995 | $2,757,318,675,933,036.50 bolivars today |
Our calculations use the following inflation rate formula to calculate the change in value between 1995 and today:
Then plug in historical CPI values. The Venezuelan CPI was 6170.185697 in the year 1995 and 17013168256313 in 2021:
$1 in 1995 has the same "purchasing power" or "buying power" as $2,757,318,675.93 in 2021.
To get the total inflation rate for the 26 years between 1995 and 2021, we use the following formula:
Plugging in the values to this equation, we get:
Raw data for these calculations comes from the government of Venezuela's annual (CPI) as provided by the International Monetary Fund.
You may use the following MLA citation for this page: “$1 in 1995 → 2021 | Venezuela Inflation Calculator.” Official Inflation Data, Alioth Finance, 4 Apr. 2025, https://www.officialdata.org/venezuela/inflation/1995?amount=1&endYear=2021.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
Cumulative price change | 275,731,867,493.30% |
Average inflation rate | 130.73% |
Converted amount $1 base | $2,757,318,675.93 |
Price difference $1 base | $2,757,318,674.93 |
CPI in 1995 | 6,170.186 |
CPI in 2021 | 17,013,168,256,313.000 |
Inflation in 1995 | 59.90% |
Inflation in 2021 | 2,700.00% |
$1 in 1995 | $2,757,318,675.93 in 2021 |