Value of 1989 Euro (France) today

€100 in 1989
€175 in 2022

The inflation rate in France between 1989 and today has been 75%, which translates into a total increase of €75. This means that 100 euro in 1989 are equivalent to 175 euro in 2022. In other words, the purchasing power of €100 in 1989 equals €175 today. The average annual inflation rate between these periods has been 1.71%.

Inflation timeline in France (1989 - 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 1989-2021 62.92%
Cumulative inflation 1989-today 75%
Avg. Annual inflation 1989-2021 1.54%
CPI 1989 65.34
CPI 2021 106.45
CPI 2022-10 (latest official data) 113.9
CPI today 114.35

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 1989 and 2021, use the corresponding CPI values:

Value2021
=Value1989 ×
CPI2021/CPI1989
=€ 100 ×
106.45/65.34
€162.92

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 114.35:

Valuetoday
=Value1989 ×
CPItoday/CPI1989
=€ 100 ×
114.35/65.34
€175

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 32 years between 1989 and 2021 and the average inflation rate was 1.537%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.01537)32
€162.92

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1989 €1.63 euro in 2021
€5 euro in 1989 €8.15 euro in 2021
€10 euro in 1989 €16.29 euro in 2021
€50 euro in 1989 €81.46 euro in 2021
€100 euro in 1989 €162.92 euro in 2021
€500 euro in 1989 €814.59 euro in 2021
€1,000 euro in 1989 €1,629.19 euro in 2021
€5,000 euro in 1989 €8,145.95 euro in 2021
€10,000 euro in 1989 €16,291.9 euro in 2021
€50,000 euro in 1989 €81,459.5 euro in 2021
€100,000 euro in 1989 €162,918.99 euro in 2021
€500,000 euro in 1989 €814,594.96 euro in 2021
€1,000,000 euro in 1989 €1,629,189.92 euro in 2021
Cumulative inflation From 1989 75%
Avg. annual inflation From 1989 1.71%
CPI 1989 65.34
CPI today 114.35

Value of Euro over time (by year)

Period Value
1989 100
1990 103.19
1991 106.51
1992 109.03
1993 111.32
1994 113.17
1995 115.2
1996 117.48
1997 118.9
1998 119.67
1999 120.31
2000 122.33
2001 124.33
2002 126.72
2003 129.38
2004 132.15
2005 134.46
2006 136.71
2007 138.75
2008 142.65
2009 142.77
2010 144.96
2011 148.02
2012 150.91
2013 152.22
2014 152.99
2015 153.05
2016 153.33
2017 154.91
2018 157.78
2019 159.53
2020 160.29
2021 162.92
2022-10 174.32
Today 175

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: