Value of 1979 Euro (Austria) today

€100 in 1979
€310.67 in 2022

The inflation rate in Austria between 1979 and today has been 210.67%, which translates into a total increase of €210.67. This means that 100 euro in 1979 are equivalent to 310.67 euro in 2022. In other words, the purchasing power of €100 in 1979 equals €310.67 today. The average annual inflation rate between these periods has been 2.67%.

Inflation timeline in Austria (1979 - 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 1979-2021 181.1%
Cumulative inflation 1979-today 210.67%
Avg. Annual inflation 1979-2021 2.49%
CPI 1979 39.53
CPI 2021 111.12
CPI 2022-08 (latest official data) 121.76
CPI today 122.81

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 1979 and 2021, use the corresponding CPI values:

Value2021
=Value1979 ×
CPI2021/CPI1979
=€ 100 ×
111.12/39.53
€281.1

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 122.81:

Valuetoday
=Value1979 ×
CPItoday/CPI1979
=€ 100 ×
122.81/39.53
€310.67

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 42 years between 1979 and 2021 and the average inflation rate was 2.4913%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.024913)42
€281.1

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1979 €2.81 euro in 2021
€5 euro in 1979 €14.05 euro in 2021
€10 euro in 1979 €28.11 euro in 2021
€50 euro in 1979 €140.55 euro in 2021
€100 euro in 1979 €281.1 euro in 2021
€500 euro in 1979 €1,405.49 euro in 2021
€1,000 euro in 1979 €2,810.97 euro in 2021
€5,000 euro in 1979 €14,054.86 euro in 2021
€10,000 euro in 1979 €28,109.72 euro in 2021
€50,000 euro in 1979 €140,548.61 euro in 2021
€100,000 euro in 1979 €281,097.23 euro in 2021
€500,000 euro in 1979 €1,405,486.14 euro in 2021
€1,000,000 euro in 1979 €2,810,972.28 euro in 2021
Cumulative inflation From 1979 210.67%
Avg. annual inflation From 1979 2.67%
CPI 1979 39.53
CPI today 122.81

Value of Euro over time (by year)

Period Value
1979 100
1980 106.33
1981 113.56
1982 119.74
1983 123.73
1984 130.74
1985 134.91
1986 137.21
1987 139.13
1988 141.8
1989 145.44
1990 150.19
1991 155.2
1992 161.44
1993 167.3
1994 172.24
1995 176.11
1996 179.38
1997 181.73
1998 183.4
1999 184.45
2000 188.77
2001 193.77
2002 197.28
2003 199.96
2004 204.08
2005 208.77
2006 211.78
2007 216.37
2008 223.33
2009 224.46
2010 228.53
2011 236.04
2012 241.91
2013 246.75
2014 250.71
2015 252.96
2016 255.22
2017 260.53
2018 265.73
2019 269.8
2020 273.53
2021 281.1
2022-08 307.99
Today 310.67

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: