Value of 1976 Euro (Austria) today

€100 in 1976

€320.01 in 2019

The inflation rate in Austria between 1976 and today has been 220.01%, which translates into a total increase of €220.01. This means that 100 euro in 1976 are equivalent to 320.01 euro in 2019. In other words, the purchasing power of €100 in 1976 equals €320.01 today. The average annual inflation rate has been 2.68%.

Inflation timeline in Austria (1976-2019)

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 (1976-2019) 219.57%
Total Inflation* 220.01%
Annual inflation avg. (1976-2019) 2.74%
Annual inflation avg.* 2.68%
CPI 1976 33.26
CPI 2019 106.3
CPI today* 106.45
€1 in 1976 €3.2 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 43 years between 1976 and 2019 and the average inflation rate has been 2.6788%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)43 = €319.57

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 1976 was 33.26 and the CPI today is 106.45. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
106.3/33.26
= €319.57

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1976 €3.2 euro today
€5 euro in 1976 €16 euro today
€10 euro in 1976 €32 euro today
€50 euro in 1976 €160 euro today
€100 euro in 1976 €320.01 euro today
€500 euro in 1976 €1,600.04 euro today
€1,000 euro in 1976 €3,200.08 euro today
€5,000 euro in 1976 €16,000.41 euro today
€10,000 euro in 1976 €32,000.81 euro today
€50,000 euro in 1976 €160,004.06 euro today
€100,000 euro in 1976 €320,008.12 euro today
€500,000 euro in 1976 €1,600,040.62 euro today
€1,000,000 euro in 1976 €3,200,081.24 euro today

Value of Euro in time (by year)

Period Value
1976 100
1977 107.23
1978 111.72
1979 115.84
1980 121.28
1981 129.35
1982 137.66
1983 144.11
1984 149.61
1985 157.14
1986 161.57
1987 163.36
1988 165.99
1989 169.1
1990 174
1991 180.04
1992 185.53
1993 193.37
1994 200.24
1995 205.44
1996 209.21
1997 214.11
1998 217.04
1999 218.53
2000 221.52
2001 227.26
2002 231.77
2003 236.03
2004 238.95
2005 245.9
2006 249.35
2007 253.07
2008 262.25
2009 265.73
2010 268.46
2011 274.66
2012 283.38
2013 291.26
2014 296.69
2015 299.68
2016 302.73
2017 306.94
2018 313.55
2019 319.57
Today 320.01