Everything, by IPCA
- Input
- R$ 100, IPCA, 07/1994 a 09/2026
- Expected output
- R$ 897,71
Cumulative 797.71%.
Carregando ferramenta… / Loading tool…
brazilian real inflation since 1994
The real began circulating on July 1, 1994, and the tool data starts in that month. From July 1994 to Sep 2026, IPCA accumulated 797.71%: an item that cost R$ 100.00 at the start of the real would cost about R$ 897.71 now.
Cumulative 797.71%.
Cumulative 816.54%.
Cumulative 1,248.90%.
July 1994 IPCA was 6.84%.
Matches the 22.41% IBGE reported for 1995.
169.11% over 120 months.
IPCA (IBGE) measures inflation for households earning 1 to 40 minimum wages and is the Central Bank target index. INPC (IBGE) covers households earning 1 to 5 minimum wages, with more weight on food and transport. IGP-M (FGV) combines wholesale (60%), consumer (30%) and construction (10%) prices, so it reacts fast to the exchange rate and commodities and swings much more. In 2020, for example, IGP-M closed at 23.14% and IPCA at 4.52%.
By IPCA, 797.71% from July 1994 to Sep 2026. By INPC it is 816.54% and by IGP-M 1,248.90%, each through its latest published month.
The real entered circulation on July 1, 1994, under the Itamar Franco government, which is why the tool data starts in July of that year.
IGP-M gives 60% of its weight to wholesale prices, which react fast to the dollar and commodities, and only 30% to retail. In the real devaluations, such as 1999 and 2002, it rises far more than IPCA.
Yes. Use the Year by year table in the tool: it splits the period by calendar year. For a full year, pick January as the start month and December as the end.
IPCA (IBGE): the country's official inflation rate, the Central Bank target index.
E.g. your current salary or rent. Shows whether it kept up with inflation.
R$1,000.00 left idle in Sep 2026 buys what R$691.32 bought in Jan 2020: a 30.87% loss of purchasing power.
Sep 2026IPCA: R$1,446.51INPC: R$1,444.83IGP-M: R$1,614.84
| Month | Change | Cumulative | Amount |
|---|---|---|---|
| Jan 2020 | 0.21% | 0.21% | R$1,002.10 |
| Feb 2020 | 0.25% | 0.46% | R$1,004.61 |
| Mar 2020 | 0.07% | 0.53% | R$1,005.31 |
| Apr 2020 | -0.31% | 0.22% | R$1,002.19 |
| May 2020 | -0.38% | -0.16% | R$998.38 |
| Jun 2020 | 0.26% | 0.10% | R$1,000.98 |
| Jul 2020 | 0.36% | 0.46% | R$1,004.58 |
| Aug 2020 | 0.24% | 0.70% | R$1,006.99 |
| Sep 2020 | 0.64% | 1.34% | R$1,013.44 |
| Oct 2020 | 0.86% | 2.22% | R$1,022.15 |
| Nov 2020 | 0.89% | 3.13% | R$1,031.25 |
| Dec 2020 | 1.35% | 4.52% | R$1,045.17 |
| Jan 2021 | 0.25% | 4.78% | R$1,047.79 |
| Feb 2021 | 0.86% | 5.68% | R$1,056.80 |
| Mar 2021 | 0.93% | 6.66% | R$1,066.63 |
| Apr 2021 | 0.31% | 6.99% | R$1,069.93 |
| May 2021 | 0.83% | 7.88% | R$1,078.81 |
| Jun 2021 | 0.53% | 8.45% | R$1,084.53 |
| Jul 2021 | 0.96% | 9.49% | R$1,094.94 |
| Aug 2021 | 0.87% | 10.45% | R$1,104.47 |
| Sep 2021 | 1.16% | 11.73% | R$1,117.28 |
| Oct 2021 | 1.25% | 13.12% | R$1,131.25 |
| Nov 2021 | 0.95% | 14.20% | R$1,141.99 |
| Dec 2021 | 0.73% | 15.03% | R$1,150.33 |
| Jan 2022 | 0.54% | 15.65% | R$1,156.54 |
| Feb 2022 | 1.01% | 16.82% | R$1,168.22 |
| Mar 2022 | 1.62% | 18.71% | R$1,187.15 |
| Apr 2022 | 1.06% | 19.97% | R$1,199.73 |
| May 2022 | 0.47% | 20.54% | R$1,205.37 |
| Jun 2022 | 0.67% | 21.34% | R$1,213.45 |
| Jul 2022 | -0.68% | 20.52% | R$1,205.19 |
| Aug 2022 | -0.36% | 20.09% | R$1,200.86 |
| Sep 2022 | -0.29% | 19.74% | R$1,197.37 |
| Oct 2022 | 0.59% | 20.44% | R$1,204.44 |
| Nov 2022 | 0.41% | 20.94% | R$1,209.38 |
| Dec 2022 | 0.62% | 21.69% | R$1,216.87 |
| Jan 2023 | 0.53% | 22.33% | R$1,223.32 |
| Feb 2023 | 0.84% | 23.36% | R$1,233.60 |
| Mar 2023 | 0.71% | 24.24% | R$1,242.36 |
| Apr 2023 | 0.61% | 24.99% | R$1,249.94 |
| May 2023 | 0.23% | 25.28% | R$1,252.81 |
| Jun 2023 | -0.08% | 25.18% | R$1,251.81 |
| Jul 2023 | 0.12% | 25.33% | R$1,253.31 |
| Aug 2023 | 0.23% | 25.62% | R$1,256.19 |
| Sep 2023 | 0.26% | 25.95% | R$1,259.46 |
| Oct 2023 | 0.24% | 26.25% | R$1,262.48 |
| Nov 2023 | 0.28% | 26.60% | R$1,266.02 |
| Dec 2023 | 0.56% | 27.31% | R$1,273.11 |
| Jan 2024 | 0.42% | 27.85% | R$1,278.45 |
| Feb 2024 | 0.83% | 28.91% | R$1,289.06 |
| Mar 2024 | 0.16% | 29.11% | R$1,291.13 |
| Apr 2024 | 0.38% | 29.60% | R$1,296.03 |
| May 2024 | 0.46% | 30.20% | R$1,302.00 |
| Jun 2024 | 0.21% | 30.47% | R$1,304.73 |
| Jul 2024 | 0.38% | 30.97% | R$1,309.69 |
| Aug 2024 | -0.02% | 30.94% | R$1,309.43 |
| Sep 2024 | 0.44% | 31.52% | R$1,315.19 |
| Oct 2024 | 0.56% | 32.26% | R$1,322.55 |
| Nov 2024 | 0.39% | 32.77% | R$1,327.71 |
| Dec 2024 | 0.52% | 33.46% | R$1,334.61 |
| Jan 2025 | 0.16% | 33.67% | R$1,336.75 |
| Feb 2025 | 1.31% | 35.43% | R$1,354.26 |
| Mar 2025 | 0.56% | 36.18% | R$1,361.84 |
| Apr 2025 | 0.43% | 36.77% | R$1,367.70 |
| May 2025 | 0.26% | 37.13% | R$1,371.26 |
| Jun 2025 | 0.24% | 37.45% | R$1,374.55 |
| Jul 2025 | 0.26% | 37.81% | R$1,378.12 |
| Aug 2025 | -0.11% | 37.66% | R$1,376.61 |
| Sep 2025 | 0.48% | 38.32% | R$1,383.21 |
| Oct 2025 | 0.09% | 38.45% | R$1,384.46 |
| Nov 2025 | 0.18% | 38.70% | R$1,386.95 |
| Dec 2025 | 0.33% | 39.15% | R$1,391.53 |
| Jan 2026 | 0.33% | 39.61% | R$1,396.12 |
| Feb 2026 | 0.70% | 40.59% | R$1,405.89 |
| Mar 2026 | 0.88% | 41.83% | R$1,418.26 |
| Apr 2026 | 0.67% | 42.78% | R$1,427.77 |
| May 2026 | 0.58% | 43.60% | R$1,436.05 |
| Jun 2026 | 0.16% | 43.83% | R$1,438.35 |
| Jul 2026 | 0.07% | 43.94% | R$1,439.35 |
| Aug 2026 | -0.32% | 43.47% | R$1,434.75 |
| Sep 2026 | 0.82% | 44.65% | R$1,446.51 |
Both the start and the end month count, as in the Central Bank Citizen Calculator: January 2020 to December 2020 is 12 monthly changes.
Data from the Central Bank of Brazil (SGS), based on IBGE and FGV. Latest published month: Sep 2026 (IPCA), Sep 2026 (INPC) and Oct 2026 (IGP-M).
An economic estimate using the index you pick. It is not the judicial monetary correction, which follows its own tables and terms. Judicial monetary correction
See also: judicial monetary correction · rent adjustment · compound interest · Brazil rates
All calculation happens in your browser. No amount is sent to a server.