Value of 1987 Euro (France) today

€100 in 1987

€171.96 in 2018

The inflation rate in France between 1987 and today has been 71.96%, which translates into a total increase of €71.96. This means that 100 euro in 1987 are equivalent to 171.96 euro in 2018. In other words, the purchasing power of €100 in 1987 equals €171.96 today. The average annual inflation rate has been 1.71%.

Inflation timeline in France (1987-2018)

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 (1987-2018) 69.27%
Total Inflation* 71.96%
Annual inflation avg. (1987-2018) 1.71%
Annual inflation avg.* 1.71%
CPI 1987 60.17
CPI 2018 101.85
CPI today* 103.47
€1 in 1987 €1.69 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 31 years between 1987 and 2018 and the average inflation rate has been 1.7085%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)31 = €169.27

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 1987 was 60.17 and the CPI today is 103.47. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.85/60.17
= €169.27

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1987 €1.72 euro today
€5 euro in 1987 €8.6 euro today
€10 euro in 1987 €17.2 euro today
€50 euro in 1987 €85.98 euro today
€100 euro in 1987 €171.96 euro today
€500 euro in 1987 €859.8 euro today
€1,000 euro in 1987 €1,719.6 euro today
€5,000 euro in 1987 €8,598 euro today
€10,000 euro in 1987 €17,195.99 euro today
€50,000 euro in 1987 €85,979.97 euro today
€100,000 euro in 1987 €171,959.94 euro today
€500,000 euro in 1987 €859,799.69 euro today
€1,000,000 euro in 1987 €1,719,599.38 euro today

Value of Euro in time (by year)

Period Value
1987 100
1988 103.12
1989 106.29
1990 110.08
1991 113.44
1992 116.87
1993 119.09
1994 121.6
1995 123.53
1996 126.11
1997 128.2
1998 129.66
1999 129.95
2000 131.57
2001 133.73
2002 135.55
2003 138.62
2004 141.65
2005 144.59
2006 146.9
2007 149.09
2008 152.95
2009 154.48
2010 155.89
2011 158.63
2012 162.54
2013 164.7
2014 165.86
2015 165.96
2016 166.26
2017 167.27
2018 169.27
Today 171.96