$100 in 1971 is worth $1,814 today
What New Zealand dollars from 1971 are worth in 2025 money, adjusted for inflation with the official price index from the OECD, from Stats NZ.
1971 money in 2025 money
- Prices since
- +1714.3%
- Per year
- +5.51% compounded
- Multiplier
- ×18.143
| In 1971 | Worth in 2025 |
|---|---|
| $1 | $18.14 |
| $5 | $90.71 |
| $10 | $181 |
| $20 | $363 |
| $50 | $907 |
| $100 | $1,814 |
| $1,000 | $18,143 |
| $10,000 | $181,429 |
OECD, from Stats NZ — Consumers Price Index, all groups, 2015 = 100. Retrieved 2026-08-06. Open in the calculator to compare any two years.
Inflation in 1971
Prices in New Zealand rose 10.4% during 1971 — a higher rate than most years in this series, 14th highest of 75. Across the 1970s, prices rose an average of 11.5% a year, peaking at 16.9% in 1976.
| Year | Rate | Bar |
|---|---|---|
| 1970 | +6.5% | |
| 1971 | +10.4% | |
| 1972 | +6.9% | |
| 1973 | +8.2% | |
| 1974 | +11.1% | |
| 1975 | +14.7% | |
| 1976 | +16.9% | |
| 1977 | +14.4% | |
| 1978 | +12.0% | |
| 1979 | +13.7% |
How far the New Zealand dollar has fallen since 1971
A New Zealand dollar in 2025 buys about 5.5% of what one bought in 1971, a loss of 94.5% of its buying power. Prices had doubled from their 1971 level by 1978, 7 years later. Read the other way, here is what today's money would have been in 1971:
| In 2025 | Same as, in 1971 |
|---|---|
| $10 | $0.55 |
| $20 | $1.10 |
| $50 | $2.76 |
| $100 | $5.51 |
| $1,000 | $55.12 |
| $10,000 | $551 |
What these numbers can and cannot tell you
The figures compare the price index in 1971 with 2025: the cost of the same broad basket of goods and services, averaged across each year. That is the right measure for "what would this amount be in today's money" — a wage, a price, an inheritance. It is not a measure of what any particular thing cost: housing, education, and healthcare have mostly risen faster than the average, while electronics and clothing have risen far slower or fallen. And it says nothing about exchange rates, so it cannot turn 1971 New Zealand dollars into another currency.
Common questions
How much is $100 from 1971 worth today?
$100 in 1971 is worth about $1,814 in 2025 money, adjusted with the official price index published by the OECD, from Stats NZ. Prices have risen 1,714.3% over that span, an average of 5.51% a year compounded.
What was the inflation rate in 1971?
Prices in New Zealand rose 10.4% during 1971 — a higher rate than most years in this series, 14th highest of 75. That is the change in the annual average of the index from 1970 to 1971, which is the basis statistics agencies use for long-run comparison; a news headline quoting a twelve-month change at a particular point in 1971 may differ.
How much buying power has the New Zealand dollar lost since 1971?
About 94.5%. Put the other way round, $100 in 2025 would have bought what $5.51 bought in 1971. Prices had doubled from their 1971 level by 1978, 7 years later.
1971 in other countries: United States , United Kingdom , Canada , Australia .