Value of 1982 Euro (Finland) today

€100 in 1982
€271.51 in 2022

The inflation rate in Finland between 1982 and today has been 171.51%, which translates into a total increase of €171.51. This means that 100 euro in 1982 are equivalent to 271.51 euro in 2022. In other words, the purchasing power of €100 in 1982 equals €271.51 today. The average annual inflation rate between these periods has been 2.53%.

Inflation timeline in Finland (1982 - 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 1982-2021 150.25%
Cumulative inflation 1982-today 171.51%
Avg. Annual inflation 1982-2021 2.38%
CPI 1982 42.29
CPI 2021 105.82
CPI 2022-08 (latest official data) 114.03
CPI today 114.82

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 1982 and 2021, use the corresponding CPI values:

Value2021
=Value1982 ×
CPI2021/CPI1982
=€ 100 ×
105.82/42.29
€250.25

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 114.82:

Valuetoday
=Value1982 ×
CPItoday/CPI1982
=€ 100 ×
114.82/42.29
€271.51

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 39 years between 1982 and 2021 and the average inflation rate was 2.3799%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.023799)39
€250.25

Finland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1982 €2.5 euro in 2021
€5 euro in 1982 €12.51 euro in 2021
€10 euro in 1982 €25.02 euro in 2021
€50 euro in 1982 €125.12 euro in 2021
€100 euro in 1982 €250.25 euro in 2021
€500 euro in 1982 €1,251.24 euro in 2021
€1,000 euro in 1982 €2,502.47 euro in 2021
€5,000 euro in 1982 €12,512.37 euro in 2021
€10,000 euro in 1982 €25,024.75 euro in 2021
€50,000 euro in 1982 €125,123.74 euro in 2021
€100,000 euro in 1982 €250,247.47 euro in 2021
€500,000 euro in 1982 €1,251,237.36 euro in 2021
€1,000,000 euro in 1982 €2,502,474.73 euro in 2021
Cumulative inflation From 1982 171.51%
Avg. annual inflation From 1982 2.53%
CPI 1982 42.29
CPI today 114.82

Value of Euro over time (by year)

Period Value
1982 100
1983 108.37
1984 116.03
1985 122.05
1986 125.63
1987 130.8
1988 137.45
1989 146.52
1990 155.53
1991 162.23
1992 166.97
1993 170.62
1994 172.48
1995 173.85
1996 174.94
1997 177.03
1998 179.5
1999 181.59
2000 187.11
2001 191.94
2002 194.95
2003 196.66
2004 197.03
2005 198.26
2006 201.37
2007 206.42
2008 214.82
2009 214.82
2010 217.36
2011 224.79
2012 231.1
2013 234.52
2014 236.96
2015 236.46
2016 237.31
2017 239.1
2018 241.69
2019 244.16
2020 244.87
2021 250.25
2022-08 269.65
Today 271.51

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 |

Other currencies: