Value of 1983 Euro (France) today

€100 in 1983
€236.14 in 2024

The inflation rate in France between 1983 and today has been 136.14%, which translates into a total increase of €136.14. This means that 100 euro in 1983 are equivalent to 236.14 euro in 2024. In other words, the purchasing power of €100 in 1983 equals €236.14 today. The average annual inflation rate between these periods has been 2.12%.

Inflation timeline in France (1983 - 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 1983-2023 130.64%
Cumulative inflation 1983-today 136.14%
Avg. Annual inflation 1983-2023 2.11%
CPI 1983 50.93
CPI 2023 117.47
CPI 2024-05 (latest official data) 120.11
CPI today 120.27

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 1983 and 2023, use the corresponding CPI values:

Value2023
=Value1983 ×
CPI2023/CPI1983
=€ 100 ×
117.47/50.93
€230.64

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 120.27:

Valuetoday
=Value1983 ×
CPItoday/CPI1983
=€ 100 ×
120.27/50.93
€236.14

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 40 years between 1983 and 2023 and the average inflation rate was 2.1112%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.021112)40
€230.64

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1983 €2.31 euro in 2023
€5 euro in 1983 €11.53 euro in 2023
€10 euro in 1983 €23.06 euro in 2023
€50 euro in 1983 €115.32 euro in 2023
€100 euro in 1983 €230.64 euro in 2023
€500 euro in 1983 €1,153.21 euro in 2023
€1,000 euro in 1983 €2,306.41 euro in 2023
€5,000 euro in 1983 €11,532.05 euro in 2023
€10,000 euro in 1983 €23,064.11 euro in 2023
€50,000 euro in 1983 €115,320.55 euro in 2023
€100,000 euro in 1983 €230,641.1 euro in 2023
€500,000 euro in 1983 €1,153,205.49 euro in 2023
€1,000,000 euro in 1983 €2,306,410.99 euro in 2023
Cumulative inflation From 1983 136.14%
Avg. annual inflation From 1983 2.12%
CPI 1983 50.93
CPI today 120.27

Value of Euro over time (by year)

Period Value
1983 100
1984 107.67
1985 113.95
1986 116.85
1987 120.69
1988 123.95
1989 128.28
1990 132.38
1991 136.64
1992 139.87
1993 142.81
1994 145.17
1995 147.78
1996 150.71
1997 152.53
1998 153.52
1999 154.34
2000 156.93
2001 159.5
2002 162.56
2003 165.97
2004 169.53
2005 172.49
2006 175.38
2007 177.99
2008 183
2009 183.16
2010 185.96
2011 189.89
2012 193.6
2013 195.27
2014 196.26
2015 196.33
2016 196.69
2017 198.73
2018 202.4
2019 204.65
2020 205.62
2021 209
2022 219.91
2023 230.64
2024-05 235.82
Today 236.14

All available years

Today's value of euro (France) 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: