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Free tool

Hyperinflation calculator

See how fast prices run away when inflation is counted per month: the yearly rate, how many days prices take to double, where a price ends up and what your cash still buys. Free, no sign-up, nothing leaves your browser.

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The starting rate is 50% a month, the line Phillip Cagan used to define hyperinflation. This assumes the rate stays the same every month, which real hyperinflations rarely do.

Yearly inflation
12,875%
exactly on Cagan's 50% a month line
Prices double every
52 days
1.34% a day
Price after 12 months
12,975
Your cash then buys
7.71
in today's prices
Buying power lost
99.2%
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What counts as hyperinflation

Hyperinflation is extremely fast inflation, where prices rise so quickly that money loses most of its value within months or even days. A common definition, from the economist Phillip Cagan, is prices rising by more than 50% in a single month.

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How people cope

In hyperinflation, people swap local cash for goods, foreign currencies such as US dollars, or other stores of value as quickly as possible. Businesses reprice constantly, and many start quoting prices in a foreign currency.

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