Inflation Backward Calculator
inflation calculator
An inflation calculator is a tool used to measure the purchasing power of money over time. It helps you understand how the value of currency changes due to inflation. By comparing the cost of goods and services from one year to another, the calculator shows how much prices have increased (or decreased) and how much money you would need today to match the purchasing power of a past amount.
🧮 How Does It Work?
Input Amount:
Enter the amount of money (e.g., 5000₹).
Select Years:
Choose the backward year and see what is the value of that year.
Calculate:
The calculator applies inflation rates to show how much that amount is worth in today’s money or vice versa.
📈 Uses of an Inflation Calculator
Budget Planning:
Adjust your financial goals for future costs.
Investment Decisions:
Evaluate real returns by accounting for inflation.
Historical Comparisons:
Understand how prices and salaries change over time
Cost Projections:
Estimate future expenses like education or retirement.
