Value of 1972 Euro (Austria) today

€100 in 1972
€498.44 in 2023

The inflation rate in Austria between 1972 and today has been 398.44%, which translates into a total increase of €398.44. This means that 100 euro in 1972 are equivalent to 498.44 euro in 2023. In other words, the purchasing power of €100 in 1972 equals €498.44 today. The average annual inflation rate between these periods has been 3.2%.

Inflation timeline in Austria (1972 - 2023)

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 1972-2022 373.9%
Cumulative inflation 1972-today 398.44%
Avg. Annual inflation 1972-2022 3.16%
CPI 1972 25.45
CPI 2022 120.62
CPI 2022-12 (latest official data) 125.54
CPI today 126.87

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 1972 and 2022, use the corresponding CPI values:

Value2022
=Value1972 ×
CPI2022/CPI1972
=€ 100 ×
120.62/25.45
€473.9

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 126.87:

Valuetoday
=Value1972 ×
CPItoday/CPI1972
=€ 100 ×
126.87/25.45
€498.44

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 50 years between 1972 and 2022 and the average inflation rate was 3.1606%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=€100 × (1 + 0.031606)50
€473.9

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1972 €4.74 euro in 2022
€5 euro in 1972 €23.69 euro in 2022
€10 euro in 1972 €47.39 euro in 2022
€50 euro in 1972 €236.95 euro in 2022
€100 euro in 1972 €473.9 euro in 2022
€500 euro in 1972 €2,369.5 euro in 2022
€1,000 euro in 1972 €4,739 euro in 2022
€5,000 euro in 1972 €23,694.99 euro in 2022
€10,000 euro in 1972 €47,389.98 euro in 2022
€50,000 euro in 1972 €236,949.88 euro in 2022
€100,000 euro in 1972 €473,899.76 euro in 2022
€500,000 euro in 1972 €2,369,498.79 euro in 2022
€1,000,000 euro in 1972 €4,738,997.59 euro in 2022
Cumulative inflation From 1972 398.44%
Avg. annual inflation From 1972 3.2%
CPI 1972 25.45
CPI today 126.87

Value of Euro over time (by year)

Period Value
1972 100
1973 107.53
1974 117.77
1975 127.72
1976 137.06
1977 144.59
1978 149.76
1979 155.31
1980 165.14
1981 176.38
1982 185.97
1983 192.18
1984 203.06
1985 209.54
1986 213.11
1987 216.1
1988 220.24
1989 225.89
1990 233.26
1991 241.05
1992 250.74
1993 259.85
1994 267.52
1995 273.52
1996 278.61
1997 282.25
1998 284.85
1999 286.47
2000 293.19
2001 300.96
2002 306.41
2003 310.56
2004 316.96
2005 324.25
2006 328.93
2007 336.06
2008 346.87
2009 348.62
2010 354.95
2011 366.61
2012 375.72
2013 383.24
2014 389.39
2015 392.88
2016 396.39
2017 404.64
2018 412.72
2019 419.04
2020 424.83
2021 436.59
2022 473.9
2022-12 493.23
Today 498.44

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 | 2022 |

Other currencies: