Value of 1975 Euro (Finland) today

€100 in 1975
€586.33 in 2024

The inflation rate in Finland between 1975 and today has been 486.33%, which translates into a total increase of €486.33. This means that 100 euro in 1975 are equivalent to 586.33 euro in 2024. In other words, the purchasing power of €100 in 1975 equals €586.33 today. The average annual inflation rate between these periods has been 3.68%.

Inflation timeline in Finland (1975 - 2024)

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 1975-2023 474.13%
Cumulative inflation 1975-today 486.33%
Avg. Annual inflation 1975-2023 3.71%
CPI 1975 20.98
CPI 2023 120.45
CPI 2024-02 (latest official data) 122.5
CPI today 123.01

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 1975 and 2023, use the corresponding CPI values:

Value2023
=Value1975 ×
CPI2023/CPI1975
=€ 100 ×
120.45/20.98
€574.13

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 123.01:

Valuetoday
=Value1975 ×
CPItoday/CPI1975
=€ 100 ×
123.01/20.98
€586.33

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 48 years between 1975 and 2023 and the average inflation rate was 3.7081%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.037081)48
€574.13

Finland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1975 €5.74 euro in 2023
€5 euro in 1975 €28.71 euro in 2023
€10 euro in 1975 €57.41 euro in 2023
€50 euro in 1975 €287.07 euro in 2023
€100 euro in 1975 €574.13 euro in 2023
€500 euro in 1975 €2,870.67 euro in 2023
€1,000 euro in 1975 €5,741.34 euro in 2023
€5,000 euro in 1975 €28,706.71 euro in 2023
€10,000 euro in 1975 €57,413.42 euro in 2023
€50,000 euro in 1975 €287,067.1 euro in 2023
€100,000 euro in 1975 €574,134.2 euro in 2023
€500,000 euro in 1975 €2,870,671.02 euro in 2023
€1,000,000 euro in 1975 €5,741,342.05 euro in 2023
Cumulative inflation From 1975 486.33%
Avg. annual inflation From 1975 3.68%
CPI 1975 20.98
CPI today 123.01

Value of Euro over time (by year)

Period Value
1975 100
1976 114.34
1977 127.83
1978 137.8
1979 148.09
1980 165.26
1981 183.94
1982 201.57
1983 218.43
1984 233.87
1985 246.02
1986 253.24
1987 263.66
1988 277.07
1989 295.33
1990 313.5
1991 327.01
1992 336.55
1993 343.93
1994 347.67
1995 350.42
1996 352.63
1997 356.83
1998 361.83
1999 366.03
2000 377.17
2001 386.89
2002 392.97
2003 396.42
2004 397.16
2005 399.64
2006 405.9
2007 416.09
2008 433.01
2009 433.01
2010 438.13
2011 453.1
2012 465.83
2013 472.72
2014 477.64
2015 476.64
2016 478.34
2017 481.95
2018 487.17
2019 492.16
2020 493.59
2021 504.43
2022 540.36
2023 574.13
2024-02 583.92
Today 586.33

All available years

Today's value of euro (Finland) by year:

1956 | 1957 | 1958 | 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 | 2023 |

Other currencies: