Value of 1967 Euro (Austria) today

€100 in 1967
€574.36 in 2022

The inflation rate in Austria between 1967 and today has been 474.36%, which translates into a total increase of €474.36. This means that 100 euro in 1967 are equivalent to 574.36 euro in 2022. In other words, the purchasing power of €100 in 1967 equals €574.36 today. The average annual inflation rate between these periods has been 3.23%.

Inflation timeline in Austria (1967 - 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 1967-2021 437.53%
Cumulative inflation 1967-today 474.36%
Avg. Annual inflation 1967-2021 3.16%
CPI 1967 20.67
CPI 2021 111.12
CPI 2022-03 (latest official data) 117.65
CPI today 118.74

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 1967 and 2021, use the corresponding CPI values:

Value2021
=Value1967 ×
CPI2021/CPI1967
=€ 100 ×
111.12/20.67
€537.53

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 118.74:

Valuetoday
=Value1967 ×
CPItoday/CPI1967
=€ 100 ×
118.74/20.67
€574.36

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 54 years between 1967 and 2021 and the average inflation rate was 3.1635%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.031635)54
€537.53

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1967 €5.38 euro in 2021
€5 euro in 1967 €26.88 euro in 2021
€10 euro in 1967 €53.75 euro in 2021
€50 euro in 1967 €268.76 euro in 2021
€100 euro in 1967 €537.53 euro in 2021
€500 euro in 1967 €2,687.63 euro in 2021
€1,000 euro in 1967 €5,375.27 euro in 2021
€5,000 euro in 1967 €26,876.34 euro in 2021
€10,000 euro in 1967 €53,752.68 euro in 2021
€50,000 euro in 1967 €268,763.42 euro in 2021
€100,000 euro in 1967 €537,526.84 euro in 2021
€500,000 euro in 1967 €2,687,634.2 euro in 2021
€1,000,000 euro in 1967 €5,375,268.4 euro in 2021
Cumulative inflation From 1967 474.36%
Avg. annual inflation From 1967 3.23%
CPI 1967 20.67
CPI today 118.74

Value of Euro over time (by year)

Period Value
1967 100
1968 102.76
1969 105.93
1970 110.56
1971 115.76
1972 123.12
1973 132.39
1974 145
1975 157.24
1976 168.75
1977 178.03
1978 184.39
1979 191.22
1980 203.33
1981 217.16
1982 228.96
1983 236.61
1984 250.01
1985 257.98
1986 262.38
1987 266.06
1988 271.16
1989 278.12
1990 287.19
1991 296.78
1992 308.71
1993 319.92
1994 329.37
1995 336.76
1996 343.03
1997 347.51
1998 350.71
1999 352.71
2000 360.98
2001 370.55
2002 377.25
2003 382.37
2004 390.25
2005 399.22
2006 404.98
2007 413.76
2008 427.06
2009 429.23
2010 437.01
2011 451.37
2012 462.59
2013 471.85
2014 479.42
2015 483.72
2016 488.03
2017 498.19
2018 508.15
2019 515.93
2020 523.06
2021 537.53
2022-03 569.08
Today 574.36

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: