Value of 1964 Euro (Austria) today

€100 in 1964
€639.28 in 2022

The inflation rate in Austria between 1964 and today has been 539.28%, which translates into a total increase of €539.28. This means that 100 euro in 1964 are equivalent to 639.28 euro in 2022. In other words, the purchasing power of €100 in 1964 equals €639.28 today. The average annual inflation rate between these periods has been 3.25%.

Inflation timeline in Austria (1964 - 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 1964-2021 498.5%
Cumulative inflation 1964-today 539.28%
Avg. Annual inflation 1964-2021 3.19%
CPI 1964 18.57
CPI 2021 111.12
CPI 2022-03 (latest official data) 117.65
CPI today 118.69

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 1964 and 2021, use the corresponding CPI values:

Value2021
=Value1964 ×
CPI2021/CPI1964
=€ 100 ×
111.12/18.57
€598.5

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 118.69:

Valuetoday
=Value1964 ×
CPItoday/CPI1964
=€ 100 ×
118.69/18.57
€639.28

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 57 years between 1964 and 2021 and the average inflation rate was 3.1888%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.031888)57
€598.5

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1964 €5.99 euro in 2021
€5 euro in 1964 €29.93 euro in 2021
€10 euro in 1964 €59.85 euro in 2021
€50 euro in 1964 €299.25 euro in 2021
€100 euro in 1964 €598.5 euro in 2021
€500 euro in 1964 €2,992.5 euro in 2021
€1,000 euro in 1964 €5,985.01 euro in 2021
€5,000 euro in 1964 €29,925.04 euro in 2021
€10,000 euro in 1964 €59,850.09 euro in 2021
€50,000 euro in 1964 €299,250.44 euro in 2021
€100,000 euro in 1964 €598,500.88 euro in 2021
€500,000 euro in 1964 €2,992,504.42 euro in 2021
€1,000,000 euro in 1964 €5,985,008.84 euro in 2021
Cumulative inflation From 1964 539.28%
Avg. annual inflation From 1964 3.25%
CPI 1964 18.57
CPI today 118.69

Value of Euro over time (by year)

Period Value
1964 100
1965 104.93
1966 107.09
1967 111.34
1968 114.42
1969 117.95
1970 123.1
1971 128.9
1972 137.09
1973 147.41
1974 161.45
1975 175.08
1976 187.9
1977 198.22
1978 205.3
1979 212.92
1980 226.39
1981 241.79
1982 254.94
1983 263.45
1984 278.37
1985 287.25
1986 292.14
1987 296.24
1988 301.92
1989 309.67
1990 319.77
1991 330.44
1992 343.73
1993 356.21
1994 366.73
1995 374.96
1996 381.94
1997 386.93
1998 390.5
1999 392.72
2000 401.93
2001 412.58
2002 420.05
2003 425.74
2004 434.52
2005 444.51
2006 450.91
2007 460.69
2008 475.51
2009 477.92
2010 486.58
2011 502.57
2012 515.07
2013 525.37
2014 533.81
2015 538.59
2016 543.39
2017 554.7
2018 565.79
2019 574.45
2020 582.39
2021 598.5
2022-03 633.64
Today 639.28

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: