Value of 1969 Euro (Finland) today

€100 in 1969

€879.36 in 2018

The inflation rate in Finland between 1969 and today has been 779.36%, which translates into a total increase of €779.36. This means that 100 euro in 1969 are equivalent to 879.36 euro in 2018. In other words, the purchasing power of €100 in 1969 equals €879.36 today. The average annual inflation rate has been 4.44%.

Inflation timeline in Finland (1969-2018)

The following chart ilustrates the equivalence of €100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 (1969-2018) 770.02%
Total Inflation* 779.36%
Annual inflation avg. (1969-2018) 4.51%
Annual inflation avg.* 4.44%
CPI 1969 11.67
CPI 2018 101.51
CPI today* 102.6
€1 in 1969 €8.7 in 2018

* 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 49 years between 1969 and 2018 and the average inflation rate has been 4.444%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)49 = €870.02

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 1969 was 11.67 and the CPI today is 102.6. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.51/11.67
= €870.02

Finland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1969 €8.79 euro today
€5 euro in 1969 €43.97 euro today
€10 euro in 1969 €87.94 euro today
€50 euro in 1969 €439.68 euro today
€100 euro in 1969 €879.36 euro today
€500 euro in 1969 €4,396.82 euro today
€1,000 euro in 1969 €8,793.63 euro today
€5,000 euro in 1969 €43,968.16 euro today
€10,000 euro in 1969 €87,936.33 euro today
€50,000 euro in 1969 €439,681.65 euro today
€100,000 euro in 1969 €879,363.3 euro today
€500,000 euro in 1969 €4,396,816.48 euro today
€1,000,000 euro in 1969 €8,793,632.96 euro today

Value of Euro in time (by year)

Period Value
1969 100
1970 101.72
1971 104.89
1972 114.03
1973 121.55
1974 138.64
1975 162.1
1976 191.46
1977 215.04
1978 238.33
1979 253.72
1980 275.56
1981 313.48
1982 342.37
1983 372.8
1984 404.56
1985 429.37
1986 446.83
1987 460.1
1988 479.56
1989 510.53
1990 544.02
1991 571.43
1992 595.05
1993 608.86
1994 618.17
1995 628.26
1996 628.03
1997 634.14
1998 646.11
1999 651.41
2000 664.64
2001 684.7
2002 696.91
2003 708.44
2004 712.71
2005 715.77
2006 720.01
2007 735.82
2008 755.22
2009 781.09
2010 776.77
2011 798.93
2012 822.09
2013 841.47
2014 855.02
2015 859.04
2016 856.99
2017 865.82
2018 870.02
Today 879.36