Value of 1972 Euro (Austria) today

€100 in 1972

€433.09 in 2018

The inflation rate in Austria between 1972 and today has been 333.09%, which translates into a total increase of €333.09. This means that 100 euro in 1972 are equivalent to 433.09 euro in 2018. In other words, the purchasing power of €100 in 1972 equals €433.09 today. The average annual inflation rate has been 3.17%.

Inflation timeline in Austria (1972-2018)

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 (1972-2018) 326.14%
Total Inflation* 333.09%
Annual inflation avg. (1972-2018) 3.2%
Annual inflation avg.* 3.17%
CPI 1972 24.48
CPI 2018 104.3
CPI today* 106
€1 in 1972 €4.26 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 46 years between 1972 and 2018 and the average inflation rate has been 3.1678%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)46 = €426.14

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 1972 was 24.48 and the CPI today is 106. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.3/24.48
= €426.14

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1972 €4.33 euro today
€5 euro in 1972 €21.65 euro today
€10 euro in 1972 €43.31 euro today
€50 euro in 1972 €216.54 euro today
€100 euro in 1972 €433.09 euro today
€500 euro in 1972 €2,165.43 euro today
€1,000 euro in 1972 €4,330.85 euro today
€5,000 euro in 1972 €21,654.25 euro today
€10,000 euro in 1972 €43,308.5 euro today
€50,000 euro in 1972 €216,542.51 euro today
€100,000 euro in 1972 €433,085.03 euro today
€500,000 euro in 1972 €2,165,425.15 euro today
€1,000,000 euro in 1972 €4,330,850.29 euro today

Value of Euro in time (by year)

Period Value
1972 100
1973 107.64
1974 116.08
1975 127.29
1976 135.91
1977 145.74
1978 151.83
1979 157.43
1980 164.83
1981 175.79
1982 187.08
1983 195.86
1984 203.33
1985 213.57
1986 219.58
1987 222.01
1988 225.59
1989 229.81
1990 236.47
1991 244.68
1992 252.15
1993 262.79
1994 272.14
1995 279.2
1996 284.32
1997 290.98
1998 294.96
1999 296.99
2000 301.06
2001 308.85
2002 314.98
2003 320.78
2004 324.74
2005 334.19
2006 338.88
2007 343.94
2008 356.42
2009 361.14
2010 364.85
2011 373.28
2012 385.12
2013 395.83
2014 403.22
2015 407.28
2016 411.43
2017 417.15
2018 426.14
Today 433.09