Value of 1987 Euro (Austria) today

€100 in 1987
€215.88 in 2022

The inflation rate in Austria between 1987 and today has been 115.88%, which translates into a total increase of €115.88. This means that 100 euro in 1987 are equivalent to 215.88 euro in 2022. In other words, the purchasing power of €100 in 1987 equals €215.88 today. The average annual inflation rate between these periods has been 2.22%.

Inflation timeline in Austria (1987 - 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 1987-2021 102.03%
Cumulative inflation 1987-today 115.88%
Avg. Annual inflation 1987-2021 2.09%
CPI 1987 55
CPI 2021 111.12
CPI 2022-03 (latest official data) 117.65
CPI today 118.74

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 1987 and 2021, use the corresponding CPI values:

Value2021
=Value1987 ×
CPI2021/CPI1987
=€ 100 ×
111.12/55
€202.03

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 118.74:

Valuetoday
=Value1987 ×
CPItoday/CPI1987
=€ 100 ×
118.74/55
€215.88

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 34 years between 1987 and 2021 and the average inflation rate was 2.0899%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.020899)34
€202.03

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1987 €2.02 euro in 2021
€5 euro in 1987 €10.1 euro in 2021
€10 euro in 1987 €20.2 euro in 2021
€50 euro in 1987 €101.02 euro in 2021
€100 euro in 1987 €202.03 euro in 2021
€500 euro in 1987 €1,010.16 euro in 2021
€1,000 euro in 1987 €2,020.32 euro in 2021
€5,000 euro in 1987 €10,101.6 euro in 2021
€10,000 euro in 1987 €20,203.2 euro in 2021
€50,000 euro in 1987 €101,016 euro in 2021
€100,000 euro in 1987 €202,032 euro in 2021
€500,000 euro in 1987 €1,010,160.02 euro in 2021
€1,000,000 euro in 1987 €2,020,320.05 euro in 2021
Cumulative inflation From 1987 115.88%
Avg. annual inflation From 1987 2.22%
CPI 1987 55
CPI today 118.74

Value of Euro over time (by year)

Period Value
1987 100
1988 101.92
1989 104.53
1990 107.94
1991 111.55
1992 116.03
1993 120.24
1994 123.8
1995 126.57
1996 128.93
1997 130.61
1998 131.82
1999 132.57
2000 135.68
2001 139.27
2002 141.79
2003 143.71
2004 146.68
2005 150.05
2006 152.21
2007 155.51
2008 160.51
2009 161.33
2010 164.25
2011 169.65
2012 173.87
2013 177.35
2014 180.19
2015 181.81
2016 183.43
2017 187.25
2018 190.99
2019 193.91
2020 196.59
2021 202.03
2022-03 213.89
Today 215.88

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: