Value of 1984 Euro (Austria) today

€100 in 1984
€243.39 in 2022

The inflation rate in Austria between 1984 and today has been 143.39%, which translates into a total increase of €143.39. This means that 100 euro in 1984 are equivalent to 243.39 euro in 2022. In other words, the purchasing power of €100 in 1984 equals €243.39 today. The average annual inflation rate between these periods has been 2.37%.

Inflation timeline in Austria (1984 - 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 1984-2021 115%
Cumulative inflation 1984-today 143.39%
Avg. Annual inflation 1984-2021 2.09%
CPI 1984 51.68
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 1984 and 2021, use the corresponding CPI values:

Value2021
=Value1984 ×
CPI2021/CPI1984
=€ 100 ×
111.12/51.68
€215

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

Valuetoday
=Value1984 ×
CPItoday/CPI1984
=€ 100 ×
125.79/51.68
€243.39

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 37 years between 1984 and 2021 and the average inflation rate was 2.0904%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.020904)37
€215

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1984 €2.15 euro in 2021
€5 euro in 1984 €10.75 euro in 2021
€10 euro in 1984 €21.5 euro in 2021
€50 euro in 1984 €107.5 euro in 2021
€100 euro in 1984 €215 euro in 2021
€500 euro in 1984 €1,075.02 euro in 2021
€1,000 euro in 1984 €2,150.04 euro in 2021
€5,000 euro in 1984 €10,750.19 euro in 2021
€10,000 euro in 1984 €21,500.39 euro in 2021
€50,000 euro in 1984 €107,501.93 euro in 2021
€100,000 euro in 1984 €215,003.85 euro in 2021
€500,000 euro in 1984 €1,075,019.26 euro in 2021
€1,000,000 euro in 1984 €2,150,038.51 euro in 2021
Cumulative inflation From 1984 143.39%
Avg. annual inflation From 1984 2.37%
CPI 1984 51.68
CPI today 125.79

Value of Euro over time (by year)

Period Value
1984 100
1985 103.19
1986 104.95
1987 106.42
1988 108.46
1989 111.25
1990 114.87
1991 118.71
1992 123.48
1993 127.97
1994 131.74
1995 134.7
1996 137.21
1997 139
1998 140.28
1999 141.08
2000 144.39
2001 148.21
2002 150.9
2003 152.94
2004 156.09
2005 159.68
2006 161.99
2007 165.5
2008 170.82
2009 171.69
2010 174.8
2011 180.54
2012 185.03
2013 188.73
2014 191.76
2015 193.48
2016 195.21
2017 199.27
2018 203.25
2019 206.36
2020 209.22
2021 215
2022-10 241.85
Today 243.39

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: