Value of 1990 Euro (Finland) today

€100 in 1990

€162.04 in 2018

The inflation rate in Finland between 1990 and today has been 62.04%, which translates into a total increase of €62.04. This means that 100 euro in 1990 are equivalent to 162.04 euro in 2018. In other words, the purchasing power of €100 in 1990 equals €162.04 today. The average annual inflation rate has been 1.68%.

Inflation timeline in Finland (1990-2018)

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 (1990-2018) 59.92%
Total Inflation* 62.04%
Annual inflation avg. (1990-2018) 1.69%
Annual inflation avg.* 1.68%
CPI 1990 63.47
CPI 2018 101.51
CPI today* 102.85
€1 in 1990 €1.6 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 28 years between 1990 and 2018 and the average inflation rate has been 1.6782%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)28 = €159.92

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 1990 was 63.47 and the CPI today is 102.85. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.51/63.47
= €159.92

Finland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1990 €1.62 euro today
€5 euro in 1990 €8.1 euro today
€10 euro in 1990 €16.2 euro today
€50 euro in 1990 €81.02 euro today
€100 euro in 1990 €162.04 euro today
€500 euro in 1990 €810.18 euro today
€1,000 euro in 1990 €1,620.35 euro today
€5,000 euro in 1990 €8,101.76 euro today
€10,000 euro in 1990 €16,203.51 euro today
€50,000 euro in 1990 €81,017.56 euro today
€100,000 euro in 1990 €162,035.11 euro today
€500,000 euro in 1990 €810,175.57 euro today
€1,000,000 euro in 1990 €1,620,351.15 euro today

Value of Euro in time (by year)

Period Value
1990 100
1991 105.04
1992 109.38
1993 111.92
1994 113.63
1995 115.48
1996 115.44
1997 116.57
1998 118.77
1999 119.74
2000 122.17
2001 125.86
2002 128.1
2003 130.22
2004 131.01
2005 131.57
2006 132.35
2007 135.25
2008 138.82
2009 143.58
2010 142.78
2011 146.86
2012 151.11
2013 154.68
2014 157.17
2015 157.91
2016 157.53
2017 159.15
2018 159.92
Today 162.04