Value of 1984 Euro (Austria) today

€100 in 1984

€213.85 in 2019

The inflation rate in Austria between 1984 and today has been 113.85%, which translates into a total increase of €113.85. This means that 100 euro in 1984 are equivalent to 213.85 euro in 2019. In other words, the purchasing power of €100 in 1984 equals €213.85 today. The average annual inflation rate has been 2.13%.

Inflation timeline in Austria (1984-2019)

The following chart depicts the equivalence of €100 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1984-2019) 113.6%
Total Inflation* 113.85%
Annual inflation avg. (1984-2019) 2.19%
Annual inflation avg.* 2.13%
CPI 1984 49.77
CPI 2019 106.3
CPI today* 106.42
€1 in 1984 €2.14 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 35 years between 1984 and 2019 and the average inflation rate has been 2.1338%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)35 = €213.6

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 1984 was 49.77 and the CPI today is 106.42. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
106.3/49.77
= €213.6

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1984 €2.14 euro today
€5 euro in 1984 €10.69 euro today
€10 euro in 1984 €21.38 euro today
€50 euro in 1984 €106.92 euro today
€100 euro in 1984 €213.85 euro today
€500 euro in 1984 €1,069.24 euro today
€1,000 euro in 1984 €2,138.47 euro today
€5,000 euro in 1984 €10,692.36 euro today
€10,000 euro in 1984 €21,384.72 euro today
€50,000 euro in 1984 €106,923.62 euro today
€100,000 euro in 1984 €213,847.24 euro today
€500,000 euro in 1984 €1,069,236.21 euro today
€1,000,000 euro in 1984 €2,138,472.42 euro today

Value of Euro in time (by year)

Period Value
1984 100
1985 105.03
1986 107.99
1987 109.19
1988 110.95
1989 113.02
1990 116.3
1991 120.34
1992 124.01
1993 129.24
1994 133.84
1995 137.32
1996 139.83
1997 143.11
1998 145.07
1999 146.06
2000 148.06
2001 151.9
2002 154.91
2003 157.76
2004 159.71
2005 164.36
2006 166.67
2007 169.15
2008 175.29
2009 177.61
2010 179.44
2011 183.58
2012 189.41
2013 194.67
2014 198.31
2015 200.3
2016 202.34
2017 205.16
2018 209.58
2019 213.6
Today 213.85