Value of 1979 Euro (Austria) today

€100 in 1979

€276.19 in 2019

The inflation rate in Austria between 1979 and today has been 176.19%, which translates into a total increase of €176.19. This means that 100 euro in 1979 are equivalent to 276.19 euro in 2019. In other words, the purchasing power of €100 in 1979 equals €276.19 today. The average annual inflation rate has been 2.51%.

Inflation timeline in Austria (1979-2019)

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 (1979-2019) 175.87%
Total Inflation* 176.19%
Annual inflation avg. (1979-2019) 2.57%
Annual inflation avg.* 2.51%
CPI 1979 38.53
CPI 2019 106.3
CPI today* 106.42
€1 in 1979 €2.76 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 40 years between 1979 and 2019 and the average inflation rate has been 2.5088%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)40 = €275.87

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 1979 was 38.53 and the CPI today is 106.42. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
106.3/38.53
= €275.87

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1979 €2.76 euro today
€5 euro in 1979 €13.81 euro today
€10 euro in 1979 €27.62 euro today
€50 euro in 1979 €138.1 euro today
€100 euro in 1979 €276.19 euro today
€500 euro in 1979 €1,380.96 euro today
€1,000 euro in 1979 €2,761.92 euro today
€5,000 euro in 1979 €13,809.59 euro today
€10,000 euro in 1979 €27,619.18 euro today
€50,000 euro in 1979 €138,095.89 euro today
€100,000 euro in 1979 €276,191.78 euro today
€500,000 euro in 1979 €1,380,958.92 euro today
€1,000,000 euro in 1979 €2,761,917.84 euro today

Value of Euro in time (by year)

Period Value
1979 100
1980 104.7
1981 111.66
1982 118.83
1983 124.41
1984 129.15
1985 135.66
1986 139.47
1987 141.02
1988 143.29
1989 145.98
1990 150.21
1991 155.42
1992 160.17
1993 166.92
1994 172.86
1995 177.35
1996 180.6
1997 184.83
1998 187.36
1999 188.65
2000 191.23
2001 196.18
2002 200.07
2003 203.75
2004 206.27
2005 212.28
2006 215.26
2007 218.47
2008 226.39
2009 229.39
2010 231.75
2011 237.1
2012 244.63
2013 251.43
2014 256.12
2015 258.7
2016 261.34
2017 264.97
2018 270.68
2019 275.87
Today 276.19