Value of 1982 Euro (Finland) today

€100 in 1982

€256.85 in 2018

The inflation rate in Finland between 1982 and today has been 156.85%, which translates into a total increase of €156.85. This means that 100 euro in 1982 are equivalent to 256.85 euro in 2018. In other words, the purchasing power of €100 in 1982 equals €256.85 today. The average annual inflation rate has been 2.58%.

Inflation timeline in Finland (1982-2018)

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 (1982-2018) 154.12%
Total Inflation* 156.85%
Annual inflation avg. (1982-2018) 2.62%
Annual inflation avg.* 2.58%
CPI 1982 39.95
CPI 2018 101.51
CPI today* 102.6
€1 in 1982 €2.54 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 36 years between 1982 and 2018 and the average inflation rate has been 2.5823%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)36 = €254.12

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 1982 was 39.95 and the CPI today is 102.6. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.51/39.95
= €254.12

Finland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1982 €2.57 euro today
€5 euro in 1982 €12.84 euro today
€10 euro in 1982 €25.68 euro today
€50 euro in 1982 €128.42 euro today
€100 euro in 1982 €256.85 euro today
€500 euro in 1982 €1,284.24 euro today
€1,000 euro in 1982 €2,568.47 euro today
€5,000 euro in 1982 €12,842.37 euro today
€10,000 euro in 1982 €25,684.74 euro today
€50,000 euro in 1982 €128,423.72 euro today
€100,000 euro in 1982 €256,847.44 euro today
€500,000 euro in 1982 €1,284,237.18 euro today
€1,000,000 euro in 1982 €2,568,474.36 euro today

Value of Euro in time (by year)

Period Value
1982 100
1983 108.89
1984 118.16
1985 125.41
1986 130.51
1987 134.39
1988 140.07
1989 149.12
1990 158.9
1991 166.91
1992 173.81
1993 177.84
1994 180.56
1995 183.5
1996 183.44
1997 185.22
1998 188.72
1999 190.27
2000 194.13
2001 199.99
2002 203.56
2003 206.92
2004 208.17
2005 209.06
2006 210.3
2007 214.92
2008 220.59
2009 228.14
2010 226.88
2011 233.35
2012 240.12
2013 245.78
2014 249.74
2015 250.91
2016 250.31
2017 252.89
2018 254.12
Today 256.85