Value of 1967 Euro (Austria) today

€100 in 1967

€524.73 in 2018

The inflation rate in Austria between 1967 and today has been 424.73%, which translates into a total increase of €424.73. This means that 100 euro in 1967 are equivalent to 524.73 euro in 2018. In other words, the purchasing power of €100 in 1967 equals €524.73 today. The average annual inflation rate has been 3.24%.

Inflation timeline in Austria (1967-2018)

The following chart ilustrates the equivalence of €100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1967-2018) 416.31%
Total Inflation* 424.73%
Annual inflation avg. (1967-2018) 3.27%
Annual inflation avg.* 3.24%
CPI 1967 20.2
CPI 2018 104.3
CPI today* 106
€1 in 1967 €5.16 in 2018

* Values extrapolated from the last official data to obtain today's values.

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 compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 51 years between 1967 and 2018 and the average inflation rate has been 3.2393%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)51 = €516.31

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1967 was 20.2 and the CPI today is 106. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.3/20.2
= €516.31

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1967 €5.25 euro today
€5 euro in 1967 €26.24 euro today
€10 euro in 1967 €52.47 euro today
€50 euro in 1967 €262.37 euro today
€100 euro in 1967 €524.73 euro today
€500 euro in 1967 €2,623.66 euro today
€1,000 euro in 1967 €5,247.32 euro today
€5,000 euro in 1967 €26,236.6 euro today
€10,000 euro in 1967 €52,473.19 euro today
€50,000 euro in 1967 €262,365.97 euro today
€100,000 euro in 1967 €524,731.94 euro today
€500,000 euro in 1967 €2,623,659.69 euro today
€1,000,000 euro in 1967 €5,247,319.39 euro today

Value of Euro in time (by year)

Period Value
1967 100
1968 103.64
1969 106.79
1970 110.43
1971 115.55
1972 121.16
1973 130.41
1974 140.65
1975 154.23
1976 164.67
1977 176.57
1978 183.96
1979 190.75
1980 199.7
1981 212.99
1982 226.67
1983 237.3
1984 246.36
1985 258.76
1986 266.04
1987 269
1988 273.33
1989 278.44
1990 286.52
1991 296.46
1992 305.51
1993 318.41
1994 329.72
1995 338.29
1996 344.49
1997 352.56
1998 357.38
1999 359.84
2000 364.76
2001 374.21
2002 381.64
2003 388.66
2004 393.46
2005 404.91
2006 410.59
2007 416.72
2008 431.84
2009 437.56
2010 442.05
2011 452.27
2012 466.62
2013 479.6
2014 488.54
2015 493.47
2016 498.49
2017 505.42
2018 516.31
Today 524.73