Value of 1974 Euro (Austria) today

€100 in 1974

€374.55 in 2019

The inflation rate in Austria between 1974 and today has been 274.55%, which translates into a total increase of €274.55. This means that 100 euro in 1974 are equivalent to 374.55 euro in 2019. In other words, the purchasing power of €100 in 1974 equals €374.55 today. The average annual inflation rate has been 2.91%.

Inflation timeline in Austria (1974-2019)

The following chart depicts the equivalence of €100 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1974-2019) 274.13%
Total Inflation* 274.55%
Annual inflation avg. (1974-2019) 2.98%
Annual inflation avg.* 2.91%
CPI 1974 28.41
CPI 2019 106.3
CPI today* 106.42
€1 in 1974 €3.74 in 2019

* 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 45 years between 1974 and 2019 and the average inflation rate has been 2.9124%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)45 = €374.13

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 1974 was 28.41 and the CPI today is 106.42. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
106.3/28.41
= €374.13

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1974 €3.75 euro today
€5 euro in 1974 €18.73 euro today
€10 euro in 1974 €37.45 euro today
€50 euro in 1974 €187.27 euro today
€100 euro in 1974 €374.55 euro today
€500 euro in 1974 €1,872.75 euro today
€1,000 euro in 1974 €3,745.49 euro today
€5,000 euro in 1974 €18,727.47 euro today
€10,000 euro in 1974 €37,454.95 euro today
€50,000 euro in 1974 €187,274.73 euro today
€100,000 euro in 1974 €374,549.46 euro today
€500,000 euro in 1974 €1,872,747.32 euro today
€1,000,000 euro in 1974 €3,745,494.64 euro today

Value of Euro in time (by year)

Period Value
1974 100
1975 109.66
1976 117.07
1977 125.54
1978 130.79
1979 135.62
1980 141.99
1981 151.43
1982 161.16
1983 168.72
1984 175.16
1985 183.97
1986 189.15
1987 191.25
1988 194.33
1989 197.97
1990 203.71
1991 210.78
1992 217.21
1993 226.38
1994 234.43
1995 240.52
1996 244.93
1997 250.66
1998 254.09
1999 255.84
2000 259.34
2001 266.06
2002 271.34
2003 276.33
2004 279.75
2005 287.89
2006 291.93
2007 296.28
2008 307.03
2009 311.1
2010 314.29
2011 321.56
2012 331.76
2013 340.99
2014 347.35
2015 350.85
2016 354.42
2017 359.35
2018 367.09
2019 374.13
Today 374.55