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What is a naira amount from a past year worth today? Choose Future Cost, enter the amount, the years since then and an average inflation rate, and the result is its equivalent in today's naira. It also works forward, for future costs. Figures are illustrative only.
How much will this amount cost in future years?
Amount Today
₦1,000,000Inflation Impact
₦1,702,708Purchasing Power Lost to Inflation
63.0%
An illustration using the figures you entered, for education only — not financial, investment or tax advice. Real returns depend on prices, fees and tax at the time.
Future Cost = Amount × (1 + r)ᵗAnnual inflation rate (as a decimal)
Number of years
Questions
Then what
Model the outcome here, then let Shares Saver buy NGX-listed shares with the monthly amount — registered in your name, from ₦10,000 a month.
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