Value of 1991 Euro (Austria) today

€100 in 1991
€206.5 in 2023

The inflation rate in Austria between 1991 and today has been 106.5%, which translates into a total increase of €106.5. This means that 100 euro in 1991 are equivalent to 206.5 euro in 2023. In other words, the purchasing power of €100 in 1991 equals €206.5 today. The average annual inflation rate between these periods has been 2.29%.

Inflation timeline in Austria (1991 - 2023)

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 1991-2022 96.6%
Cumulative inflation 1991-today 106.5%
Avg. Annual inflation 1991-2022 2.2%
CPI 1991 61.35
CPI 2022 120.62
CPI 2022-12 (latest official data) 125.54
CPI today 126.69

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 1991 and 2022, use the corresponding CPI values:

Value2022
=Value1991 ×
CPI2022/CPI1991
=€ 100 ×
120.62/61.35
€196.6

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 126.69:

Valuetoday
=Value1991 ×
CPItoday/CPI1991
=€ 100 ×
126.69/61.35
€206.5

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 31 years between 1991 and 2022 and the average inflation rate was 2.2046%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=€100 × (1 + 0.022046)31
€196.6

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1991 €1.97 euro in 2022
€5 euro in 1991 €9.83 euro in 2022
€10 euro in 1991 €19.66 euro in 2022
€50 euro in 1991 €98.3 euro in 2022
€100 euro in 1991 €196.6 euro in 2022
€500 euro in 1991 €983 euro in 2022
€1,000 euro in 1991 €1,966.01 euro in 2022
€5,000 euro in 1991 €9,830.04 euro in 2022
€10,000 euro in 1991 €19,660.09 euro in 2022
€50,000 euro in 1991 €98,300.43 euro in 2022
€100,000 euro in 1991 €196,600.86 euro in 2022
€500,000 euro in 1991 €983,004.31 euro in 2022
€1,000,000 euro in 1991 €1,966,008.61 euro in 2022
Cumulative inflation From 1991 106.5%
Avg. annual inflation From 1991 2.29%
CPI 1991 61.35
CPI today 126.69

Value of Euro over time (by year)

Period Value
1991 100
1992 104.02
1993 107.8
1994 110.98
1995 113.47
1996 115.58
1997 117.09
1998 118.17
1999 118.85
2000 121.63
2001 124.86
2002 127.12
2003 128.84
2004 131.5
2005 134.52
2006 136.46
2007 139.42
2008 143.9
2009 144.63
2010 147.25
2011 152.09
2012 155.87
2013 158.99
2014 161.54
2015 162.99
2016 164.44
2017 167.87
2018 171.22
2019 173.84
2020 176.24
2021 181.12
2022 196.6
2022-12 204.62
Today 206.5

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 | 2022 |

Other currencies: