Value of 1990 Euro (Finland) today

€100 in 1990
€187.08 in 2024

The inflation rate in Finland between 1990 and today has been 87.08%, which translates into a total increase of €87.08. This means that 100 euro in 1990 are equivalent to 187.08 euro in 2024. In other words, the purchasing power of €100 in 1990 equals €187.08 today. The average annual inflation rate between these periods has been 1.86%.

Inflation timeline in Finland (1990 - 2024)

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 1990-2023 83.14%
Cumulative inflation 1990-today 87.08%
Avg. Annual inflation 1990-2023 1.85%
CPI 1990 65.77
CPI 2023 120.45
CPI 2024-10 (latest official data) 122.92
CPI today 123.04

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 1990 and 2023, use the corresponding CPI values:

Value2023
=Value1990 ×
CPI2023/CPI1990
=€ 100 ×
120.45/65.77
€183.14

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 123.04:

Valuetoday
=Value1990 ×
CPItoday/CPI1990
=€ 100 ×
123.04/65.77
€187.08

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 33 years between 1990 and 2023 and the average inflation rate was 1.8505%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.018505)33
€183.14

Finland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1990 €1.83 euro in 2023
€5 euro in 1990 €9.16 euro in 2023
€10 euro in 1990 €18.31 euro in 2023
€50 euro in 1990 €91.57 euro in 2023
€100 euro in 1990 €183.14 euro in 2023
€500 euro in 1990 €915.7 euro in 2023
€1,000 euro in 1990 €1,831.4 euro in 2023
€5,000 euro in 1990 €9,156.99 euro in 2023
€10,000 euro in 1990 €18,313.98 euro in 2023
€50,000 euro in 1990 €91,569.9 euro in 2023
€100,000 euro in 1990 €183,139.81 euro in 2023
€500,000 euro in 1990 €915,699.05 euro in 2023
€1,000,000 euro in 1990 €1,831,398.1 euro in 2023
Cumulative inflation From 1990 87.08%
Avg. annual inflation From 1990 1.86%
CPI 1990 65.77
CPI today 123.04

Value of Euro over time (by year)

Period Value
1990 100
1991 104.31
1992 107.36
1993 109.71
1994 110.9
1995 111.78
1996 112.48
1997 113.82
1998 115.42
1999 116.76
2000 120.31
2001 123.41
2002 125.35
2003 126.45
2004 126.69
2005 127.48
2006 129.48
2007 132.73
2008 138.12
2009 138.12
2010 139.76
2011 144.53
2012 148.59
2013 150.79
2014 152.36
2015 152.04
2016 152.58
2017 153.73
2018 155.4
2019 156.99
2020 157.45
2021 160.9
2022 172.37
2023 183.14
2024-10 186.9
Today 187.08

All available years

Today's value of euro (Finland) by year:

1955 | 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 | 2022 | 2023 |

Other currencies: