Value of 1982 Euro (Austria) today

€100 in 1982

€231.93 today

The inflation rate in Austria between 1982 and today has been 131.93%, which translates into a total increase of €131.93. This means that 100 euro in 1982 are equivalent to 231.93 euro in 2018. In other words, the purchasing power of €100 in 1982 equals €231.93 today. The average annual inflation rate has been 2.3%.

Inflation timeline in Austria (1982-2019)

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 (1982-2018) 127.78%
Total Inflation* 131.93%
Annual inflation avg. (1982-2018) 2.31%
Annual inflation avg.* 2.3%
CPI 1982 45.79
CPI 2018 104.3
CPI today* 106.2
€1 in 1982 €2.28 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 36 years between 1982 and 2018 and the average inflation rate has been 2.2997%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)36 = €227.78

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 1982 was 45.79 and the CPI today is 106.2. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.3/45.79
= €227.78

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1982 €2.32 euro today
€5 euro in 1982 €11.6 euro today
€10 euro in 1982 €23.19 euro today
€50 euro in 1982 €115.96 euro today
€100 euro in 1982 €231.93 euro today
€500 euro in 1982 €1,159.65 euro today
€1,000 euro in 1982 €2,319.3 euro today
€5,000 euro in 1982 €11,596.49 euro today
€10,000 euro in 1982 €23,192.99 euro today
€50,000 euro in 1982 €115,964.95 euro today
€100,000 euro in 1982 €231,929.89 euro today
€500,000 euro in 1982 €1,159,649.46 euro today
€1,000,000 euro in 1982 €2,319,298.93 euro today

Value of Euro in time (by year)

Period Value
1982 100
1983 104.69
1984 108.68
1985 114.16
1986 117.37
1987 118.67
1988 120.58
1989 122.84
1990 126.4
1991 130.79
1992 134.78
1993 140.47
1994 145.46
1995 149.24
1996 151.98
1997 155.54
1998 157.66
1999 158.75
2000 160.92
2001 165.09
2002 168.37
2003 171.46
2004 173.58
2005 178.63
2006 181.14
2007 183.84
2008 190.51
2009 193.04
2010 195.02
2011 199.52
2012 205.86
2013 211.58
2014 215.53
2015 217.7
2016 219.92
2017 222.97
2018 227.78
Today 231.93