Current location - Loan Platform Complete Network - Foreign exchange account opening - 10 years ago 100 yuan, 202 1 year?
10 years ago 100 yuan, 202 1 year?
10 years ago 100 yuan, 202 1 year to about 2000 yuan.

According to statistics, the per capita disposable income of urban residents in China was 15 10 yuan in 1990, and it will increase to 43,834 yuan in 2020, which means that the per capita disposable income of urban residents in China has increased 29 times in the past 30 years. In other words, 100 yuan in the 1990s is equivalent to 29,000 yuan now.

1990 The newly-built commercial housing in China was 703 yuan/flat, and another data shows that the average price of commercial housing in Shanghai is about 1500 yuan/flat. By 2020, the average price of commercial housing in China has reached 9860 yuan/flat, while the average price of commercial housing in Shanghai has reached 50097 yuan/flat, which means that the average price has increased by 65438 in the past 30 years.

Through the above comparison, we can basically draw a conclusion that 100 yuan in the 1990s is roughly equivalent to about 2000 yuan now.

Inflation:

An important factor causing inflation is currency circulation. If the currency circulation exceeds the standard, it will also cause inflation and rising prices. In the 40 years since China's reform and opening up, many foreign entrepreneurs have invested and set up factories in China, and foreign-funded enterprises have mushroomed.

China has a foreign exchange control policy, that is, transactions can only be conducted in RMB in China. When foreign entrepreneurs invest in China, they need to convert foreign exchange into RMB, circulate and trade in China, and go abroad after the investment, and convert their principal and profits into foreign exchange.

This forced China's RMB to overspend. However, under the influence of national macro-control, the amount of money flowing into the market is accurately calculated, and the People's Bank of China will adjust its monetary policy accordingly every year.