Annual Rate, the Bureau of Labor Statistics CPI. The dollar had an average inflation rate of 1.48% per year between 2008 and today, producing a cumulative price increase of 20.98%.. Aug 30. At the same time, the currency was devalued against the US dollar, from 101000 first dollars (101 once revalued) to 250 second dollars, a decrease of about 60% (see exchange rate history table below). This is a return on investment of -36.56%, with an absolute return of $-0.37 on top of the original $1. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. To help put this inflation into perspective, if we had invested $1 in the S&P 500 index in 2007, our investment would be nominally worth approximately $0.63 in 2008. Special thanks to QuickChart for their chart image API, which is used for chart downloads. In 2008, the economy produced $15.6 trillion, when adjusted for inflation. 1.21 times higher than Interactive historical chart showing the daily U.S. Dollar - Mexican Peso (USDMXN) exchange rate back to 1994. Note that some locations showing 0% inflation may have not yet reported latest data. This means that prices in 2008 are The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Dollar Yuan Exchange Rate - 35 Year Historical Chart. Home; Currency Calculator; Graphs; Rates Table; Monthly Average; Historic Lookup; Home > US Dollar Exchange Rates Table US Dollar Exchange Rates Table Converter Top 10 Jan 22, 2021 18:08 UTC. Data from 1971 to 1991–92 are based on official exchange rates. Inflation rate is calculated by change in the consumer price index (CPI). Purchasing power decreased by 3.84% in 2008 compared to 2007. The dollar had an average inflation rate of 3.84% per year between 2007 and 2008, producing a cumulative price increase of 3.84%. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Interactive historical chart showing the daily Australian Dollar - U.S. Dollar (AUDUSD) exchange rate back to 1991. CPI is the weighted combination of many categories of spending that are tracked by the government. You may also want to account for capital gains tax, which would take your real return down to around $0 for most people. By calculating the value in 2008 dollars, the chart below shows how $1 is worth less over 13 years. Export to Excel Export this data to a CSV file which can be imported by Microsoft Excel. The dollar sank to a new all-time low against the euro Tuesday as concerns about the health of the U.S. banking sector and economy deepened. A dollar today only buys 82.64% of what it could buy back then. An exchange rate between two currencies fluctuates over time. » Read more about inflation and investment. Information displayed above may differ slightly from other S&P 500 calculators. USD JPY - Historical Annual Data; Year Average Closing Price Year Open Year High Year Low Year Close Annual % Change; 2021: 103.62: 103.24: 104.22: 102.72: 103.37 Exchange Rates Updated: 21/Jan/21 06:14 UTC. Naira to Dollar Exchange Rate History October 13, 2016 November 1, 2016 Keetu BUSINESS INFORMATION Not so long ago the Nigerian Naira was a very strong currency, so strong that in the 70’s and 80’s and to be specific as at 1979/1980 fifty five kobo (55k) could fetch you about one dollar ($1). 1.47. The devaluation turned the exchange rate of 1 USD to 25.92 INR in the year 1992. Please try another date. 0.156. EUR/USD (Euro/United States dollar) Aug 2008 (08.2008) exchange rate history. Value of 2008 US Dollars today $100 in 2008 $122.38 today The inflation rate in the United States between 2008 and today has been 22.38%, which translates into a total increase of $22.38. 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