Value of 1987 Euro (France) today

€100 in 1987
€197.33 in 2024

The inflation rate in France between 1987 and today has been 97.33%, which translates into a total increase of €97.33. This means that 100 euro in 1987 are equivalent to 197.33 euro in 2024. In other words, the purchasing power of €100 in 1987 equals €197.33 today. The average annual inflation rate between these periods has been 1.85%.

Inflation timeline in France (1987 - 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 1987-2023 91.11%
Cumulative inflation 1987-today 97.33%
Avg. Annual inflation 1987-2023 1.82%
CPI 1987 61.47
CPI 2023 117.47
CPI 2024-08 (latest official data) 121.06
CPI today 121.3

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 1987 and 2023, use the corresponding CPI values:

Value2023
=Value1987 ×
CPI2023/CPI1987
=€ 100 ×
117.47/61.47
€191.11

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 121.3:

Valuetoday
=Value1987 ×
CPItoday/CPI1987
=€ 100 ×
121.3/61.47
€197.33

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 36 years between 1987 and 2023 and the average inflation rate was 1.8153%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.018153)36
€191.11

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1987 €1.91 euro in 2023
€5 euro in 1987 €9.56 euro in 2023
€10 euro in 1987 €19.11 euro in 2023
€50 euro in 1987 €95.55 euro in 2023
€100 euro in 1987 €191.11 euro in 2023
€500 euro in 1987 €955.53 euro in 2023
€1,000 euro in 1987 €1,911.05 euro in 2023
€5,000 euro in 1987 €9,555.26 euro in 2023
€10,000 euro in 1987 €19,110.53 euro in 2023
€50,000 euro in 1987 €95,552.63 euro in 2023
€100,000 euro in 1987 €191,105.26 euro in 2023
€500,000 euro in 1987 €955,526.31 euro in 2023
€1,000,000 euro in 1987 €1,911,052.62 euro in 2023
Cumulative inflation From 1987 97.33%
Avg. annual inflation From 1987 1.85%
CPI 1987 61.47
CPI today 121.3

Value of Euro over time (by year)

Period Value
1987 100
1988 102.7
1989 106.29
1990 109.69
1991 113.21
1992 115.89
1993 118.33
1994 120.29
1995 122.45
1996 124.88
1997 126.38
1998 127.2
1999 127.89
2000 130.03
2001 132.16
2002 134.7
2003 137.52
2004 140.47
2005 142.92
2006 145.32
2007 147.48
2008 151.63
2009 151.76
2010 154.08
2011 157.34
2012 160.41
2013 161.8
2014 162.62
2015 162.68
2016 162.98
2017 164.66
2018 167.71
2019 169.57
2020 170.37
2021 173.17
2022 182.22
2023 191.11
2024-08 196.94
Today 197.33

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: