Value of 1992 Euro (Finland) today

€100 in 1992
€158.16 in 2022

The inflation rate in Finland between 1992 and today has been 58.16%, which translates into a total increase of €58.16. This means that 100 euro in 1992 are equivalent to 158.16 euro in 2022. In other words, the purchasing power of €100 in 1992 equals €158.16 today. The average annual inflation rate between these periods has been 1.54%.

Inflation timeline in Finland (1992 - 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 1992-2021 49.88%
Cumulative inflation 1992-today 58.16%
Avg. Annual inflation 1992-2021 1.41%
CPI 1992 70.61
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 1992 and 2021, use the corresponding CPI values:

Value2021
=Value1992 ×
CPI2021/CPI1992
=€ 100 ×
105.82/70.61
€149.88

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

Valuetoday
=Value1992 ×
CPItoday/CPI1992
=€ 100 ×
111.67/70.61
€158.16

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 29 years between 1992 and 2021 and the average inflation rate was 1.4052%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.014052)29
€149.88

Finland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1992 €1.5 euro in 2021
€5 euro in 1992 €7.49 euro in 2021
€10 euro in 1992 €14.99 euro in 2021
€50 euro in 1992 €74.94 euro in 2021
€100 euro in 1992 €149.88 euro in 2021
€500 euro in 1992 €749.4 euro in 2021
€1,000 euro in 1992 €1,498.8 euro in 2021
€5,000 euro in 1992 €7,493.98 euro in 2021
€10,000 euro in 1992 €14,987.96 euro in 2021
€50,000 euro in 1992 €74,939.8 euro in 2021
€100,000 euro in 1992 €149,879.6 euro in 2021
€500,000 euro in 1992 €749,397.99 euro in 2021
€1,000,000 euro in 1992 €1,498,795.99 euro in 2021
Cumulative inflation From 1992 58.16%
Avg. annual inflation From 1992 1.54%
CPI 1992 70.61
CPI today 111.67

Value of Euro over time (by year)

Period Value
1992 100
1993 102.19
1994 103.3
1995 104.12
1996 104.78
1997 106.03
1998 107.51
1999 108.76
2000 112.07
2001 114.96
2002 116.76
2003 117.79
2004 118.01
2005 118.74
2006 120.6
2007 123.63
2008 128.66
2009 128.66
2010 130.18
2011 134.63
2012 138.41
2013 140.46
2014 141.92
2015 141.62
2016 142.13
2017 143.2
2018 144.75
2019 146.24
2020 146.66
2021 149.88
2022-04 157.64
Today 158.16

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: