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Turkey inflation calculator

Consumer prices in Turkey rose 1612.2% between January 2015 and August 2026. 100 in January 2015 has the buying power of 1712.2 in August 2026, an average of 27.8% a year.

100.00 in January 2015 has the buying power of 1,712.20 in August 2026.

Price change
1,612.2%
Per year, compounded
27.8%
Conversion factor
17.1220

What 100 from each year is worth in August 2026

From100 then, in today's pricesPrice changeConversion factor
January 20151,712.21,612.2%17.1220
January 20161,563.21,463.2%15.6323
January 20171,430.51,330.5%14.3047
January 20181,296.91,196.9%12.9692
January 20191,077.1977.1%10.7714
January 2020960.4860.4%9.6044
January 2021835.4735.4%8.3540
January 2022561.9461.9%5.6193
January 2023356.4256.4%3.5639
January 2024216.2116.2%2.1619
January 2025152.152.1%1.5212
January 2026116.416.4%1.1643

Questions

How does the Turkey inflation calculator work?

It divides Turkey's consumer price index in the month you convert to by the index in the month you start from. That ratio is the conversion factor: multiply any amount by it to restate the amount in the other month's prices. The index is the national, all-items CPI as republished by ILOSTAT, the International Labour Organization's statistics service, under CC BY 4.0.

How much has money lost its value in Turkey?

Consumer prices in Turkey rose 1612.2% between January 2015 and August 2026. 100 in January 2015 has the buying power of 1712.2 in August 2026, an average of 27.8% a year.

Can I use the conversion factor for IAS 29 restatement?

The conversion factor is the ratio of two general price index levels, which is the arithmetic IAS 29 restatement uses. Which index to use, and whether the standard applies at all, is a judgement for the reporting entity and its auditor. This page is not accounting advice.

Why does the calculator start in 2015?

The monthly series we hold starts in 2015. Older months are left out rather than estimated.

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