$100 in 2004 is worth $172 today
What New Zealand dollars from 2004 are worth in 2025 money, adjusted for inflation with the official price index from the OECD, from Stats NZ.
2004 money in 2025 money
- Prices since
- +71.5%
- Per year
- +2.60% compounded
- Multiplier
- ×1.715
| In 2004 | Worth in 2025 |
|---|---|
| $1 | $1.72 |
| $5 | $8.58 |
| $10 | $17.15 |
| $20 | $34.31 |
| $50 | $85.77 |
| $100 | $172 |
| $1,000 | $1,715 |
| $10,000 | $17,154 |
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 2004
Prices in New Zealand rose 2.3% during 2004 — a lower rate than most years in this series, 53rd highest of 75. Across the 2000s, prices rose an average of 2.7% a year, peaking at 4.0% in 2008.
| Year | Rate | Bar |
|---|---|---|
| 2000 | +2.6% | |
| 2001 | +2.6% | |
| 2002 | +2.7% | |
| 2003 | +1.8% | |
| 2004 | +2.3% | |
| 2005 | +3.0% | |
| 2006 | +3.4% | |
| 2007 | +2.4% | |
| 2008 | +4.0% | |
| 2009 | +2.1% |
How far the New Zealand dollar has fallen since 2004
A New Zealand dollar in 2025 buys about 58.3% of what one bought in 2004, a loss of 41.7% of its buying power. Prices have not yet doubled from their 2004 level — they are 71.5% higher in 2025. Read the other way, here is what today's money would have been in 2004:
| In 2025 | Same as, in 2004 |
|---|---|
| $10 | $5.83 |
| $20 | $11.66 |
| $50 | $29.15 |
| $100 | $58.30 |
| $1,000 | $583 |
| $10,000 | $5,830 |
What these numbers can and cannot tell you
The figures compare the price index in 2004 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 2004 New Zealand dollars into another currency.
Common questions
How much is $100 from 2004 worth today?
$100 in 2004 is worth about $172 in 2025 money, adjusted with the official price index published by the OECD, from Stats NZ. Prices have risen 71.5% over that span, an average of 2.60% a year compounded.
What was the inflation rate in 2004?
Prices in New Zealand rose 2.3% during 2004 — a lower rate than most years in this series, 53rd highest of 75. That is the change in the annual average of the index from 2003 to 2004, which is the basis statistics agencies use for long-run comparison; a news headline quoting a twelve-month change at a particular point in 2004 may differ.
How much buying power has the New Zealand dollar lost since 2004?
About 41.7%. Put the other way round, $100 in 2025 would have bought what $58.30 bought in 2004. Prices have not yet doubled from their 2004 level — they are 71.5% higher in 2025.
2004 in other countries: United States , United Kingdom , Canada , Australia .