Value of 1977 Euro (Austria) today

€100 in 1977
€333.36 in 2022

The inflation rate in Austria between 1977 and today has been 233.36%, which translates into a total increase of €233.36. This means that 100 euro in 1977 are equivalent to 333.36 euro in 2022. In other words, the purchasing power of €100 in 1977 equals €333.36 today. The average annual inflation rate between these periods has been 2.71%.

Inflation timeline in Austria (1977 - 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 1977-2021 201.94%
Cumulative inflation 1977-today 233.36%
Avg. Annual inflation 1977-2021 2.54%
CPI 1977 36.8
CPI 2021 111.12
CPI 2022-08 (latest official data) 121.76
CPI today 122.69

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 1977 and 2021, use the corresponding CPI values:

Value2021
=Value1977 ×
CPI2021/CPI1977
=€ 100 ×
111.12/36.8
€301.94

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 122.69:

Valuetoday
=Value1977 ×
CPItoday/CPI1977
=€ 100 ×
122.69/36.8
€333.36

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 44 years between 1977 and 2021 and the average inflation rate was 2.5433%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.025433)44
€301.94

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1977 €3.02 euro in 2021
€5 euro in 1977 €15.1 euro in 2021
€10 euro in 1977 €30.19 euro in 2021
€50 euro in 1977 €150.97 euro in 2021
€100 euro in 1977 €301.94 euro in 2021
€500 euro in 1977 €1,509.69 euro in 2021
€1,000 euro in 1977 €3,019.38 euro in 2021
€5,000 euro in 1977 €15,096.92 euro in 2021
€10,000 euro in 1977 €30,193.84 euro in 2021
€50,000 euro in 1977 €150,969.21 euro in 2021
€100,000 euro in 1977 €301,938.41 euro in 2021
€500,000 euro in 1977 €1,509,692.07 euro in 2021
€1,000,000 euro in 1977 €3,019,384.13 euro in 2021
Cumulative inflation From 1977 233.36%
Avg. annual inflation From 1977 2.71%
CPI 1977 36.8
CPI today 122.69

Value of Euro over time (by year)

Period Value
1977 100
1978 103.57
1979 107.41
1980 114.21
1981 121.98
1982 128.61
1983 132.91
1984 140.43
1985 144.91
1986 147.38
1987 149.45
1988 152.31
1989 156.23
1990 161.32
1991 166.71
1992 173.41
1993 179.71
1994 185.01
1995 189.16
1996 192.68
1997 195.2
1998 197
1999 198.12
2000 202.77
2001 208.14
2002 211.91
2003 214.78
2004 219.21
2005 224.25
2006 227.48
2007 232.42
2008 239.89
2009 241.1
2010 245.48
2011 253.54
2012 259.85
2013 265.04
2014 269.3
2015 271.71
2016 274.14
2017 279.84
2018 285.44
2019 289.8
2020 293.81
2021 301.94
2022-08 330.83
Today 333.36

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: