Here is what the Google Bard Chatbot, thinks about this calculator.

Question: What is an inflation calculator

Answer:

Inflation is the rate at which prices for goods and services increase over time. It can have a significant impact on the value of your money, making it worth less over time.

If you're interested in seeing how inflation has changed the value of your money in Kenya, you can use our inflation calculator. Just enter the amount of money you're interested in, the year it was worth that amount, and the year you want to see its value in, and our calculator will do the rest.

For example, if you entered that you had 1,000 Kenyan shillings in 1963, our calculator would tell you that that amount would be worth 315,154.83 Kenyan shillings in 2023.

Our inflation calculator uses the Consumer Price Index (CPI) to calculate the changes in the value of money over time. The CPI is a measure of the prices of a basket of goods and services that are commonly purchased by households.

The CPI is calculated by the Kenya National Bureau of Statistics (KNBS). The KNBS publishes the CPI on a monthly basis, so you can use our inflation calculator to see how inflation has changed the value of your money over any period of time.

In addition to the CPI, our inflation calculator also uses the average exchange rate between the Kenyan shilling and the US dollar. This allows us to calculate the value of your money in both Kenyan shillings and US dollars.

If you're interested in learning more about inflation, we recommend visiting the website of the KNBS. The KNBS website has a wealth of information on inflation, including historical data on the CPI and the exchange rate between the Kenyan shilling and the US dollar.

We hope you find our inflation calculator useful. If you have any questions, please don't hesitate to contact me.

You can find the calculator here yuthufu.com