Value of 1977 Euro (Germany) today

€100 in 1977

€248.6 in 2018

The inflation rate in Germany between 1977 and today has been 148.6%, which translates into a total increase of €148.6. This means that 100 euro in 1977 are equivalent to 248.6 euro in 2018. In other words, the purchasing power of €100 in 1977 equals €248.6 today. The average annual inflation rate has been 2.19%.

Inflation timeline in Germany (1977-2018)

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 (1977-2018) 144.83%
Total Inflation* 148.6%
Annual inflation avg. (1977-2018) 2.21%
Annual inflation avg.* 2.19%
CPI 1977 42.26
CPI 2018 103.47
CPI today* 105.06
€1 in 1977 €2.45 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 41 years between 1977 and 2018 and the average inflation rate has been 2.1919%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)41 = €244.83

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 1977 was 42.26 and the CPI today is 105.06. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
103.47/42.26
= €244.83

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1977 €2.49 euro today
€5 euro in 1977 €12.43 euro today
€10 euro in 1977 €24.86 euro today
€50 euro in 1977 €124.3 euro today
€100 euro in 1977 €248.6 euro today
€500 euro in 1977 €1,242.98 euro today
€1,000 euro in 1977 €2,485.96 euro today
€5,000 euro in 1977 €12,429.82 euro today
€10,000 euro in 1977 €24,859.64 euro today
€50,000 euro in 1977 €124,298.19 euro today
€100,000 euro in 1977 €248,596.37 euro today
€500,000 euro in 1977 €1,242,981.87 euro today
€1,000,000 euro in 1977 €2,485,963.74 euro today

Value of Euro in time (by year)

Period Value
1977 100
1978 103.41
1979 106.04
1980 111.76
1981 117.96
1982 125.85
1983 131.58
1984 135.14
1985 137.77
1986 139.94
1987 138.54
1988 139.94
1989 142.57
1990 146.9
1991 150.93
1992 159.61
1993 164.92
1994 172
1995 176.21
1996 178.86
1997 181.52
1998 185.28
1999 185.95
2000 188.16
2001 191.92
2002 195.02
2003 197.24
2004 199.45
2005 203.88
2006 206.76
2007 209.63
2008 216.28
2009 218.71
2010 220.48
2011 223.36
2012 227.79
2013 232.44
2014 235.76
2015 236.2
2016 236.86
2017 240.85
2018 244.83
Today 248.6