Value of 2006 Euro (Austria) today

€100 in 2006
€158.01 in 2023

The inflation rate in Austria between 2006 and today has been 58.01%, which translates into a total increase of €58.01. This means that 100 euro in 2006 are equivalent to 158.01 euro in 2023. In other words, the purchasing power of €100 in 2006 equals €158.01 today. The average annual inflation rate between these periods has been 2.73%.

Inflation timeline in Austria (2006 - 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 2006-2022 44.07%
Cumulative inflation 2006-today 58.01%
Avg. Annual inflation 2006-2022 2.31%
CPI 2006 83.72
CPI 2022 120.62
CPI 2023-10 (latest official data) 131.7
CPI today 132.28

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 2006 and 2022, use the corresponding CPI values:

Value2022
=Value2006 ×
CPI2022/CPI2006
=€ 100 ×
120.62/83.72
€144.07

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 132.28:

Valuetoday
=Value2006 ×
CPItoday/CPI2006
=€ 100 ×
132.28/83.72
€158.01

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 16 years between 2006 and 2022 and the average inflation rate was 2.3085%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=€100 × (1 + 0.023085)16
€144.07

Austria inflation - Conversion table

Initial Value Equivalent value
€1 euro in 2006 €1.44 euro in 2022
€5 euro in 2006 €7.2 euro in 2022
€10 euro in 2006 €14.41 euro in 2022
€50 euro in 2006 €72.04 euro in 2022
€100 euro in 2006 €144.07 euro in 2022
€500 euro in 2006 €720.37 euro in 2022
€1,000 euro in 2006 €1,440.75 euro in 2022
€5,000 euro in 2006 €7,203.74 euro in 2022
€10,000 euro in 2006 €14,407.49 euro in 2022
€50,000 euro in 2006 €72,037.44 euro in 2022
€100,000 euro in 2006 €144,074.88 euro in 2022
€500,000 euro in 2006 €720,374.39 euro in 2022
€1,000,000 euro in 2006 €1,440,748.78 euro in 2022
Cumulative inflation From 2006 58.01%
Avg. annual inflation From 2006 2.73%
CPI 2006 83.72
CPI today 132.28

Value of Euro over time (by year)

Period Value
2006 100
2007 102.17
2008 105.45
2009 105.99
2010 107.91
2011 111.46
2012 114.23
2013 116.51
2014 118.38
2015 119.44
2016 120.51
2017 123.02
2018 125.48
2019 127.4
2020 129.16
2021 132.73
2022 144.07
2023-10 157.31
Today 158.01

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: