Value of 1963 Euro (Austria) today

€100 in 1963
€669.64 in 2022

The inflation rate in Austria between 1963 and today has been 569.64%, which translates into a total increase of €569.64. This means that 100 euro in 1963 are equivalent to 669.64 euro in 2022. In other words, the purchasing power of €100 in 1963 equals €669.64 today. The average annual inflation rate between these periods has been 3.28%.

Inflation timeline in Austria (1963 - 2022)

The following chart depicts the equivalence of €100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (EUR) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1963-2021 521.65%
Cumulative inflation 1963-today 569.64%
Avg. Annual inflation 1963-2021 3.2%
CPI 1963 17.88
CPI 2021 111.12
CPI 2022-05 (latest official data) 118.94
CPI today 119.7

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1963 and 2021, use the corresponding CPI values:

Value2021
=Value1963 ×
CPI2021/CPI1963
=€ 100 ×
111.12/17.88
€621.65

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 119.7:

Valuetoday
=Value1963 ×
CPItoday/CPI1963
=€ 100 ×
119.7/17.88
€669.64

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are €100 worth today. There are 58 years between 1963 and 2021 and the average inflation rate was 3.2005%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.032005)58
€621.65

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1963 €6.22 euro in 2021
€5 euro in 1963 €31.08 euro in 2021
€10 euro in 1963 €62.17 euro in 2021
€50 euro in 1963 €310.83 euro in 2021
€100 euro in 1963 €621.65 euro in 2021
€500 euro in 1963 €3,108.27 euro in 2021
€1,000 euro in 1963 €6,216.54 euro in 2021
€5,000 euro in 1963 €31,082.71 euro in 2021
€10,000 euro in 1963 €62,165.42 euro in 2021
€50,000 euro in 1963 €310,827.1 euro in 2021
€100,000 euro in 1963 €621,654.2 euro in 2021
€500,000 euro in 1963 €3,108,271.02 euro in 2021
€1,000,000 euro in 1963 €6,216,542.04 euro in 2021
Cumulative inflation From 1963 569.64%
Avg. annual inflation From 1963 3.28%
CPI 1963 17.88
CPI today 119.7

Value of Euro over time (by year)

Period Value
1963 100
1964 103.87
1965 108.99
1966 111.23
1967 115.65
1968 118.85
1969 122.51
1970 127.87
1971 133.88
1972 142.39
1973 153.11
1974 167.69
1975 181.85
1976 195.16
1977 205.89
1978 213.25
1979 221.15
1980 235.15
1981 251.15
1982 264.8
1983 273.64
1984 289.14
1985 298.36
1986 303.45
1987 307.7
1988 313.6
1989 321.65
1990 332.14
1991 343.23
1992 357.03
1993 369.99
1994 380.92
1995 389.47
1996 396.71
1997 401.9
1998 405.6
1999 407.91
2000 417.48
2001 428.54
2002 436.3
2003 442.21
2004 451.33
2005 461.7
2006 468.36
2007 478.51
2008 493.9
2009 496.4
2010 505.41
2011 522.02
2012 534.99
2013 545.69
2014 554.46
2015 559.43
2016 564.42
2017 576.16
2018 587.68
2019 596.67
2020 604.92
2021 621.65
2022-05 665.41
Today 669.64

All available years

Today's value of euro (Austria) by year:

1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |

Other currencies: