Value of 1981 Euro (Austria) today

€100 in 1981

€247.31 in 2019

The inflation rate in Austria between 1981 and today has been 147.31%, which translates into a total increase of €147.31. This means that 100 euro in 1981 are equivalent to 247.31 euro in 2019. In other words, the purchasing power of €100 in 1981 equals €247.31 today. The average annual inflation rate has been 2.35%.

Inflation timeline in Austria (1981-2019)

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 (1981-2019) 147.06%
Total Inflation* 147.31%
Annual inflation avg. (1981-2019) 2.41%
Annual inflation avg.* 2.35%
CPI 1981 43.03
CPI 2019 106.3
CPI today* 106.41
€1 in 1981 €2.47 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 38 years between 1981 and 2019 and the average inflation rate has been 2.3489%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)38 = €247.06

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 1981 was 43.03 and the CPI today is 106.41. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
106.3/43.03
= €247.06

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1981 €2.47 euro today
€5 euro in 1981 €12.37 euro today
€10 euro in 1981 €24.73 euro today
€50 euro in 1981 €123.65 euro today
€100 euro in 1981 €247.31 euro today
€500 euro in 1981 €1,236.54 euro today
€1,000 euro in 1981 €2,473.08 euro today
€5,000 euro in 1981 €12,365.39 euro today
€10,000 euro in 1981 €24,730.79 euro today
€50,000 euro in 1981 €123,653.94 euro today
€100,000 euro in 1981 €247,307.88 euro today
€500,000 euro in 1981 €1,236,539.41 euro today
€1,000,000 euro in 1981 €2,473,078.82 euro today

Value of Euro in time (by year)

Period Value
1981 100
1982 106.42
1983 111.41
1984 115.67
1985 121.49
1986 124.91
1987 126.29
1988 128.33
1989 130.73
1990 134.52
1991 139.19
1992 143.44
1993 149.49
1994 154.81
1995 158.83
1996 161.74
1997 165.53
1998 167.79
1999 168.95
2000 171.26
2001 175.69
2002 179.18
2003 182.48
2004 184.73
2005 190.11
2006 192.77
2007 195.65
2008 202.75
2009 205.43
2010 207.54
2011 212.34
2012 219.08
2013 225.17
2014 229.37
2015 231.68
2016 234.04
2017 237.3
2018 242.41
2019 247.06
Today 247.31