Value of 1986 Euro (Finland) today

€100 in 1986

€196.8 in 2018

The inflation rate in Finland between 1986 and today has been 96.8%, which translates into a total increase of €96.8. This means that 100 euro in 1986 are equivalent to 196.8 euro in 2018. In other words, the purchasing power of €100 in 1986 equals €196.8 today. The average annual inflation rate has been 2.07%.

Inflation timeline in Finland (1986-2018)

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 (1986-2018) 94.71%
Total Inflation* 96.8%
Annual inflation avg. (1986-2018) 2.1%
Annual inflation avg.* 2.07%
CPI 1986 52.13
CPI 2018 101.51
CPI today* 102.6
€1 in 1986 €1.95 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 32 years between 1986 and 2018 and the average inflation rate has been 2.0728%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)32 = €194.71

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 1986 was 52.13 and the CPI today is 102.6. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.51/52.13
= €194.71

Finland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1986 €1.97 euro today
€5 euro in 1986 €9.84 euro today
€10 euro in 1986 €19.68 euro today
€50 euro in 1986 €98.4 euro today
€100 euro in 1986 €196.8 euro today
€500 euro in 1986 €984.01 euro today
€1,000 euro in 1986 €1,968.02 euro today
€5,000 euro in 1986 €9,840.1 euro today
€10,000 euro in 1986 €19,680.2 euro today
€50,000 euro in 1986 €98,400.99 euro today
€100,000 euro in 1986 €196,801.97 euro today
€500,000 euro in 1986 €984,009.87 euro today
€1,000,000 euro in 1986 €1,968,019.74 euro today

Value of Euro in time (by year)

Period Value
1986 100
1987 102.97
1988 107.33
1989 114.26
1990 121.75
1991 127.89
1992 133.17
1993 136.26
1994 138.35
1995 140.6
1996 140.55
1997 141.92
1998 144.6
1999 145.79
2000 148.75
2001 153.24
2002 155.97
2003 158.55
2004 159.51
2005 160.19
2006 161.14
2007 164.68
2008 169.02
2009 174.81
2010 173.84
2011 178.8
2012 183.99
2013 188.32
2014 191.35
2015 192.25
2016 191.79
2017 193.77
2018 194.71
Today 196.8