Value of 1994 Euro (Austria) today

€100 in 1994
€174.41 in 2022

The inflation rate in Austria between 1994 and today has been 74.41%, which translates into a total increase of €74.41. This means that 100 euro in 1994 are equivalent to 174.41 euro in 2022. In other words, the purchasing power of €100 in 1994 equals €174.41 today. The average annual inflation rate between these periods has been 2.01%.

Inflation timeline in Austria (1994 - 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 1994-2021 63.2%
Cumulative inflation 1994-today 74.41%
Avg. Annual inflation 1994-2021 1.83%
CPI 1994 68.09
CPI 2021 111.12
CPI 2022-03 (latest official data) 117.65
CPI today 118.76

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 1994 and 2021, use the corresponding CPI values:

Value2021
=Value1994 ×
CPI2021/CPI1994
=€ 100 ×
111.12/68.09
€163.2

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 118.76:

Valuetoday
=Value1994 ×
CPItoday/CPI1994
=€ 100 ×
118.76/68.09
€174.41

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 27 years between 1994 and 2021 and the average inflation rate was 1.8306%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.018306)27
€163.2

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1994 €1.63 euro in 2021
€5 euro in 1994 €8.16 euro in 2021
€10 euro in 1994 €16.32 euro in 2021
€50 euro in 1994 €81.6 euro in 2021
€100 euro in 1994 €163.2 euro in 2021
€500 euro in 1994 €815.99 euro in 2021
€1,000 euro in 1994 €1,631.98 euro in 2021
€5,000 euro in 1994 €8,159.88 euro in 2021
€10,000 euro in 1994 €16,319.77 euro in 2021
€50,000 euro in 1994 €81,598.83 euro in 2021
€100,000 euro in 1994 €163,197.67 euro in 2021
€500,000 euro in 1994 €815,988.34 euro in 2021
€1,000,000 euro in 1994 €1,631,976.69 euro in 2021
Cumulative inflation From 1994 74.41%
Avg. annual inflation From 1994 2.01%
CPI 1994 68.09
CPI today 118.76

Value of Euro over time (by year)

Period Value
1994 100
1995 102.24
1996 104.15
1997 105.51
1998 106.48
1999 107.09
2000 109.6
2001 112.5
2002 114.54
2003 116.09
2004 118.48
2005 121.21
2006 122.95
2007 125.62
2008 129.66
2009 130.32
2010 132.68
2011 137.04
2012 140.45
2013 143.26
2014 145.56
2015 146.86
2016 148.17
2017 151.26
2018 154.28
2019 156.64
2020 158.8
2021 163.2
2022-03 172.78
Today 174.41

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: