Value of 1988 Euro (France) today

€100 in 1988
€180.38 in 2022

The inflation rate in France between 1988 and today has been 80.38%, which translates into a total increase of €80.38. This means that 100 euro in 1988 are equivalent to 180.38 euro in 2022. In other words, the purchasing power of €100 in 1988 equals €180.38 today. The average annual inflation rate between these periods has been 1.75%.

Inflation timeline in France (1988 - 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 1988-2021 68.62%
Cumulative inflation 1988-today 80.38%
Avg. Annual inflation 1988-2021 1.6%
CPI 1988 63.13
CPI 2021 106.45
CPI 2022-08 (latest official data) 113.38
CPI today 113.88

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 1988 and 2021, use the corresponding CPI values:

Value2021
=Value1988 ×
CPI2021/CPI1988
=€ 100 ×
106.45/63.13
€168.62

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 113.88:

Valuetoday
=Value1988 ×
CPItoday/CPI1988
=€ 100 ×
113.88/63.13
€180.38

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 1988 and 2021 and the average inflation rate was 1.5958%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.015958)33
€168.62

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1988 €1.69 euro in 2021
€5 euro in 1988 €8.43 euro in 2021
€10 euro in 1988 €16.86 euro in 2021
€50 euro in 1988 €84.31 euro in 2021
€100 euro in 1988 €168.62 euro in 2021
€500 euro in 1988 €843.09 euro in 2021
€1,000 euro in 1988 €1,686.18 euro in 2021
€5,000 euro in 1988 €8,430.92 euro in 2021
€10,000 euro in 1988 €16,861.84 euro in 2021
€50,000 euro in 1988 €84,309.19 euro in 2021
€100,000 euro in 1988 €168,618.37 euro in 2021
€500,000 euro in 1988 €843,091.86 euro in 2021
€1,000,000 euro in 1988 €1,686,183.72 euro in 2021
Cumulative inflation From 1988 80.38%
Avg. annual inflation From 1988 1.75%
CPI 1988 63.13
CPI today 113.88

Value of Euro over time (by year)

Period Value
1988 100
1989 103.5
1990 106.8
1991 110.24
1992 112.84
1993 115.22
1994 117.12
1995 119.23
1996 121.59
1997 123.06
1998 123.86
1999 124.52
2000 126.61
2001 128.68
2002 131.15
2003 133.91
2004 136.78
2005 139.16
2006 141.49
2007 143.6
2008 147.64
2009 147.77
2010 150.03
2011 153.2
2012 156.19
2013 157.54
2014 158.34
2015 158.4
2016 158.69
2017 160.33
2018 163.3
2019 165.11
2020 165.89
2021 168.62
2022-08 179.6
Today 180.38

All available years

Today's value of euro (France) 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: