Value of 1965 Euro (Austria) today

€100 in 1965
€689.03 in 2024

The inflation rate in Austria between 1965 and today has been 589.03%, which translates into a total increase of €589.03. This means that 100 euro in 1965 are equivalent to 689.03 euro in 2024. In other words, the purchasing power of €100 in 1965 equals €689.03 today. The average annual inflation rate between these periods has been 3.33%.

Inflation timeline in Austria (1965 - 2024)

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 1965-2023 567.51%
Cumulative inflation 1965-today 589.03%
Avg. Annual inflation 1965-2023 3.33%
CPI 1965 19.48
CPI 2023 130.05
CPI 2024-04 (latest official data) 133.87
CPI today 134.24

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 1965 and 2023, use the corresponding CPI values:

Value2023
=Value1965 ×
CPI2023/CPI1965
=€ 100 ×
130.05/19.48
€667.51

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 134.24:

Valuetoday
=Value1965 ×
CPItoday/CPI1965
=€ 100 ×
134.24/19.48
€689.03

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 1965 and 2023 and the average inflation rate was 3.3272%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.033272)58
€667.51

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1965 €6.68 euro in 2023
€5 euro in 1965 €33.38 euro in 2023
€10 euro in 1965 €66.75 euro in 2023
€50 euro in 1965 €333.75 euro in 2023
€100 euro in 1965 €667.51 euro in 2023
€500 euro in 1965 €3,337.53 euro in 2023
€1,000 euro in 1965 €6,675.05 euro in 2023
€5,000 euro in 1965 €33,375.25 euro in 2023
€10,000 euro in 1965 €66,750.5 euro in 2023
€50,000 euro in 1965 €333,752.51 euro in 2023
€100,000 euro in 1965 €667,505.03 euro in 2023
€500,000 euro in 1965 €3,337,525.14 euro in 2023
€1,000,000 euro in 1965 €6,675,050.28 euro in 2023
Cumulative inflation From 1965 589.03%
Avg. annual inflation From 1965 3.33%
CPI 1965 19.48
CPI today 134.24

Value of Euro over time (by year)

Period Value
1965 100
1966 102.05
1967 106.11
1968 109.05
1969 112.4
1970 117.32
1971 122.84
1972 130.64
1973 140.48
1974 153.86
1975 166.85
1976 179.07
1977 188.9
1978 195.66
1979 202.91
1980 215.75
1981 230.43
1982 242.96
1983 251.07
1984 265.29
1985 273.75
1986 278.42
1987 282.32
1988 287.73
1989 295.12
1990 304.74
1991 314.92
1992 327.58
1993 339.47
1994 349.5
1995 357.34
1996 363.99
1997 368.74
1998 372.15
1999 374.26
2000 383.04
2001 393.19
2002 400.31
2003 405.73
2004 414.1
2005 423.62
2006 429.72
2007 439.04
2008 453.16
2009 455.46
2010 463.72
2011 478.96
2012 490.86
2013 500.68
2014 508.72
2015 513.28
2016 517.86
2017 528.64
2018 539.2
2019 547.46
2020 555.02
2021 570.38
2022 619.13
2023 667.51
2024-04 687.12
Today 689.03

All available years

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

1958 | 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 | 2022 | 2023 |

Other currencies: