Value of 1974 Euro (Austria) today

€100 in 1974
€410.8 in 2022

The inflation rate in Austria between 1974 and today has been 310.8%, which translates into a total increase of €310.8. This means that 100 euro in 1974 are equivalent to 410.8 euro in 2022. In other words, the purchasing power of €100 in 1974 equals €410.8 today. The average annual inflation rate between these periods has been 2.99%.

Inflation timeline in Austria (1974 - 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 1974-2021 270.71%
Cumulative inflation 1974-today 310.8%
Avg. Annual inflation 1974-2021 2.83%
CPI 1974 29.98
CPI 2021 111.12
CPI 2022-07 (latest official data) 121.65
CPI today 123.14

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 1974 and 2021, use the corresponding CPI values:

Value2021
=Value1974 ×
CPI2021/CPI1974
=€ 100 ×
111.12/29.98
€370.71

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 123.14:

Valuetoday
=Value1974 ×
CPItoday/CPI1974
=€ 100 ×
123.14/29.98
€410.8

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 47 years between 1974 and 2021 and the average inflation rate was 2.827%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.02827)47
€370.71

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1974 €3.71 euro in 2021
€5 euro in 1974 €18.54 euro in 2021
€10 euro in 1974 €37.07 euro in 2021
€50 euro in 1974 €185.36 euro in 2021
€100 euro in 1974 €370.71 euro in 2021
€500 euro in 1974 €1,853.55 euro in 2021
€1,000 euro in 1974 €3,707.1 euro in 2021
€5,000 euro in 1974 €18,535.51 euro in 2021
€10,000 euro in 1974 €37,071.03 euro in 2021
€50,000 euro in 1974 €185,355.14 euro in 2021
€100,000 euro in 1974 €370,710.29 euro in 2021
€500,000 euro in 1974 €1,853,551.43 euro in 2021
€1,000,000 euro in 1974 €3,707,102.87 euro in 2021
Cumulative inflation From 1974 310.8%
Avg. annual inflation From 1974 2.99%
CPI 1974 29.98
CPI today 123.14

Value of Euro over time (by year)

Period Value
1974 100
1975 108.45
1976 116.38
1977 122.78
1978 127.17
1979 131.88
1980 140.23
1981 149.77
1982 157.91
1983 163.18
1984 172.42
1985 177.92
1986 180.95
1987 183.49
1988 187.01
1989 191.81
1990 198.07
1991 204.68
1992 212.91
1993 220.64
1994 227.15
1995 232.25
1996 236.57
1997 239.66
1998 241.87
1999 243.25
2000 248.95
2001 255.55
2002 260.18
2003 263.7
2004 269.14
2005 275.33
2006 279.3
2007 285.35
2008 294.53
2009 296.02
2010 301.39
2011 311.29
2012 319.03
2013 325.41
2014 330.64
2015 333.6
2016 336.58
2017 343.58
2018 350.45
2019 355.81
2020 360.73
2021 370.71
2022-07 405.82
Today 410.8

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: