Value of 1976 Euro (Austria) today

€100 in 1976
€381.64 in 2024

The inflation rate in Austria between 1976 and today has been 281.64%, which translates into a total increase of €281.64. This means that 100 euro in 1976 are equivalent to 381.64 euro in 2024. In other words, the purchasing power of €100 in 1976 equals €381.64 today. The average annual inflation rate between these periods has been 2.83%.

Inflation timeline in Austria (1976 - 2024)

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 1976-2023 272.77%
Cumulative inflation 1976-today 281.64%
Avg. Annual inflation 1976-2023 2.84%
CPI 1976 34.89
CPI 2023 130.05
CPI 2024-01 (latest official data) 132.35
CPI today 133.14

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 1976 and 2023, use the corresponding CPI values:

Value2023
=Value1976 ×
CPI2023/CPI1976
=€ 100 ×
130.05/34.89
€372.77

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 133.14:

Valuetoday
=Value1976 ×
CPItoday/CPI1976
=€ 100 ×
133.14/34.89
€381.64

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 1976 and 2023 and the average inflation rate was 2.8391%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.028391)47
€372.77

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1976 €3.73 euro in 2023
€5 euro in 1976 €18.64 euro in 2023
€10 euro in 1976 €37.28 euro in 2023
€50 euro in 1976 €186.39 euro in 2023
€100 euro in 1976 €372.77 euro in 2023
€500 euro in 1976 €1,863.85 euro in 2023
€1,000 euro in 1976 €3,727.71 euro in 2023
€5,000 euro in 1976 €18,638.54 euro in 2023
€10,000 euro in 1976 €37,277.07 euro in 2023
€50,000 euro in 1976 €186,385.37 euro in 2023
€100,000 euro in 1976 €372,770.73 euro in 2023
€500,000 euro in 1976 €1,863,853.65 euro in 2023
€1,000,000 euro in 1976 €3,727,707.31 euro in 2023
Cumulative inflation From 1976 281.64%
Avg. annual inflation From 1976 2.83%
CPI 1976 34.89
CPI today 133.14

Value of Euro over time (by year)

Period Value
1976 100
1977 105.49
1978 109.27
1979 113.32
1980 120.49
1981 128.68
1982 135.68
1983 140.21
1984 148.15
1985 152.88
1986 155.48
1987 157.66
1988 160.68
1989 164.81
1990 170.19
1991 175.87
1992 182.94
1993 189.58
1994 195.18
1995 199.56
1996 203.27
1997 205.93
1998 207.83
1999 209.01
2000 213.91
2001 219.58
2002 223.55
2003 226.58
2004 231.25
2005 236.57
2006 239.98
2007 245.19
2008 253.07
2009 254.35
2010 258.96
2011 267.48
2012 274.12
2013 279.61
2014 284.1
2015 286.64
2016 289.2
2017 295.22
2018 301.12
2019 305.73
2020 309.95
2021 318.53
2022 345.75
2023 372.77
2024-01 379.38
Today 381.64

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 | 2023 |

Other currencies: