Value of 1985 Euro (Finland) today

€100 in 1985
€216.35 in 2022

The inflation rate in Finland between 1985 and today has been 116.35%, which translates into a total increase of €116.35. This means that 100 euro in 1985 are equivalent to 216.35 euro in 2022. In other words, the purchasing power of €100 in 1985 equals €216.35 today. The average annual inflation rate between these periods has been 2.11%.

Inflation timeline in Finland (1985 - 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 1985-2021 105.03%
Cumulative inflation 1985-today 116.35%
Avg. Annual inflation 1985-2021 2.01%
CPI 1985 51.61
CPI 2021 105.82
CPI 2022-04 (latest official data) 111.3
CPI today 111.67

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 1985 and 2021, use the corresponding CPI values:

Value2021
=Value1985 ×
CPI2021/CPI1985
=€ 100 ×
105.82/51.61
€205.03

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 111.67:

Valuetoday
=Value1985 ×
CPItoday/CPI1985
=€ 100 ×
111.67/51.61
€216.35

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 36 years between 1985 and 2021 and the average inflation rate was 2.0144%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.020144)36
€205.03

Finland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1985 €2.05 euro in 2021
€5 euro in 1985 €10.25 euro in 2021
€10 euro in 1985 €20.5 euro in 2021
€50 euro in 1985 €102.52 euro in 2021
€100 euro in 1985 €205.03 euro in 2021
€500 euro in 1985 €1,025.15 euro in 2021
€1,000 euro in 1985 €2,050.31 euro in 2021
€5,000 euro in 1985 €10,251.55 euro in 2021
€10,000 euro in 1985 €20,503.1 euro in 2021
€50,000 euro in 1985 €102,515.49 euro in 2021
€100,000 euro in 1985 €205,030.99 euro in 2021
€500,000 euro in 1985 €1,025,154.94 euro in 2021
€1,000,000 euro in 1985 €2,050,309.88 euro in 2021
Cumulative inflation From 1985 116.35%
Avg. annual inflation From 1985 2.11%
CPI 1985 51.61
CPI today 111.67

Value of Euro over time (by year)

Period Value
1985 100
1986 102.93
1987 107.17
1988 112.62
1989 120.04
1990 127.42
1991 132.92
1992 136.8
1993 139.79
1994 141.32
1995 142.43
1996 143.33
1997 145.04
1998 147.07
1999 148.78
2000 153.3
2001 157.26
2002 159.73
2003 161.13
2004 161.43
2005 162.44
2006 164.98
2007 169.13
2008 176
2009 176
2010 178.09
2011 184.17
2012 189.34
2013 192.14
2014 194.14
2015 193.74
2016 194.43
2017 195.9
2018 198.02
2019 200.05
2020 200.63
2021 205.03
2022-04 215.64
Today 216.35

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: