Value of 1981 Euro (Austria) today

€100 in 1981
€280.21 in 2022

The inflation rate in Austria between 1981 and today has been 180.21%, which translates into a total increase of €180.21. This means that 100 euro in 1981 are equivalent to 280.21 euro in 2022. In other words, the purchasing power of €100 in 1981 equals €280.21 today. The average annual inflation rate between these periods has been 2.54%.

Inflation timeline in Austria (1981 - 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 1981-2021 147.53%
Cumulative inflation 1981-today 180.21%
Avg. Annual inflation 1981-2021 2.29%
CPI 1981 44.89
CPI 2021 111.12
CPI 2022-10 (latest official data) 125
CPI today 125.79

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 1981 and 2021, use the corresponding CPI values:

Value2021
=Value1981 ×
CPI2021/CPI1981
=€ 100 ×
111.12/44.89
€247.53

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 125.79:

Valuetoday
=Value1981 ×
CPItoday/CPI1981
=€ 100 ×
125.79/44.89
€280.21

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 40 years between 1981 and 2021 and the average inflation rate was 2.2917%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.022917)40
€247.53

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1981 €2.48 euro in 2021
€5 euro in 1981 €12.38 euro in 2021
€10 euro in 1981 €24.75 euro in 2021
€50 euro in 1981 €123.76 euro in 2021
€100 euro in 1981 €247.53 euro in 2021
€500 euro in 1981 €1,237.64 euro in 2021
€1,000 euro in 1981 €2,475.28 euro in 2021
€5,000 euro in 1981 €12,376.39 euro in 2021
€10,000 euro in 1981 €24,752.78 euro in 2021
€50,000 euro in 1981 €123,763.9 euro in 2021
€100,000 euro in 1981 €247,527.8 euro in 2021
€500,000 euro in 1981 €1,237,639.01 euro in 2021
€1,000,000 euro in 1981 €2,475,278.03 euro in 2021
Cumulative inflation From 1981 180.21%
Avg. annual inflation From 1981 2.54%
CPI 1981 44.89
CPI today 125.79

Value of Euro over time (by year)

Period Value
1981 100
1982 105.44
1983 108.96
1984 115.13
1985 118.8
1986 120.83
1987 122.52
1988 124.87
1989 128.07
1990 132.25
1991 136.66
1992 142.16
1993 147.32
1994 151.67
1995 155.08
1996 157.96
1997 160.03
1998 161.5
1999 162.42
2000 166.23
2001 170.63
2002 173.72
2003 176.08
2004 179.71
2005 183.84
2006 186.49
2007 190.53
2008 196.66
2009 197.66
2010 201.24
2011 207.85
2012 213.02
2013 217.28
2014 220.77
2015 222.75
2016 224.74
2017 229.41
2018 234
2019 237.58
2020 240.86
2021 247.53
2022-10 278.44
Today 280.21

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: