Value of 1985 Euro (Finland) today

€100 in 1985

€205.3 in 2018

The inflation rate in Finland between 1985 and today has been 105.3%, which translates into a total increase of €105.3. This means that 100 euro in 1985 are equivalent to 205.3 euro in 2018. In other words, the purchasing power of €100 in 1985 equals €205.3 today. The average annual inflation rate has been 2.14%.

Inflation timeline in Finland (1985-2018)

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 (1985-2018) 102.63%
Total Inflation* 105.3%
Annual inflation avg. (1985-2018) 2.16%
Annual inflation avg.* 2.14%
CPI 1985 50.1
CPI 2018 101.51
CPI today* 102.85
€1 in 1985 €2.03 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 33 years between 1985 and 2018 and the average inflation rate has been 2.1382%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)33 = €202.63

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 1985 was 50.1 and the CPI today is 102.85. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.51/50.1
= €202.63

Finland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1985 €2.05 euro today
€5 euro in 1985 €10.27 euro today
€10 euro in 1985 €20.53 euro today
€50 euro in 1985 €102.65 euro today
€100 euro in 1985 €205.3 euro today
€500 euro in 1985 €1,026.52 euro today
€1,000 euro in 1985 €2,053.05 euro today
€5,000 euro in 1985 €10,265.23 euro today
€10,000 euro in 1985 €20,530.45 euro today
€50,000 euro in 1985 €102,652.26 euro today
€100,000 euro in 1985 €205,304.51 euro today
€500,000 euro in 1985 €1,026,522.55 euro today
€1,000,000 euro in 1985 €2,053,045.1 euro today

Value of Euro in time (by year)

Period Value
1985 100
1986 104.07
1987 107.16
1988 111.69
1989 118.9
1990 126.7
1991 133.09
1992 138.59
1993 141.81
1994 143.97
1995 146.32
1996 146.27
1997 147.69
1998 150.48
1999 151.71
2000 154.8
2001 159.47
2002 162.31
2003 165
2004 165.99
2005 166.7
2006 167.69
2007 171.37
2008 175.89
2009 181.92
2010 180.91
2011 186.07
2012 191.47
2013 195.98
2014 199.14
2015 200.07
2016 199.59
2017 201.65
2018 202.63
Today 205.3