Value of 1977 Euro (Austria) today

€100 in 1977

€297.17 in 2018

The inflation rate in Austria between 1977 and today has been 197.17%, which translates into a total increase of €197.17. This means that 100 euro in 1977 are equivalent to 297.17 euro in 2018. In other words, the purchasing power of €100 in 1977 equals €297.17 today. The average annual inflation rate has been 2.63%.

Inflation timeline in Austria (1977-2018)

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 (1977-2018) 192.4%
Total Inflation* 197.17%
Annual inflation avg. (1977-2018) 2.65%
Annual inflation avg.* 2.63%
CPI 1977 35.67
CPI 2018 104.3
CPI today* 106
€1 in 1977 €2.92 in 2018

* 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 41 years between 1977 and 2018 and the average inflation rate has been 2.6271%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)41 = €292.4

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 1977 was 35.67 and the CPI today is 106. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.3/35.67
= €292.4

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1977 €2.97 euro today
€5 euro in 1977 €14.86 euro today
€10 euro in 1977 €29.72 euro today
€50 euro in 1977 €148.59 euro today
€100 euro in 1977 €297.17 euro today
€500 euro in 1977 €1,485.86 euro today
€1,000 euro in 1977 €2,971.73 euro today
€5,000 euro in 1977 €14,858.63 euro today
€10,000 euro in 1977 €29,717.26 euro today
€50,000 euro in 1977 €148,586.32 euro today
€100,000 euro in 1977 €297,172.64 euro today
€500,000 euro in 1977 €1,485,863.21 euro today
€1,000,000 euro in 1977 €2,971,726.42 euro today

Value of Euro in time (by year)

Period Value
1977 100
1978 104.18
1979 108.03
1980 113.1
1981 120.62
1982 128.37
1983 134.39
1984 139.52
1985 146.54
1986 150.67
1987 152.34
1988 154.79
1989 157.69
1990 162.26
1991 167.89
1992 173.02
1993 180.32
1994 186.73
1995 191.58
1996 195.09
1997 199.67
1998 202.4
1999 203.79
2000 206.58
2001 211.93
2002 216.13
2003 220.11
2004 222.83
2005 229.32
2006 232.53
2007 236
2008 244.56
2009 247.8
2010 250.35
2011 256.13
2012 264.26
2013 271.61
2014 276.68
2015 279.47
2016 282.31
2017 286.24
2018 292.4
Today 297.17