Value of 1978 Euro (Germany) today

€100 in 1978
€285.01 in 2024

The inflation rate in Germany between 1978 and today has been 185.01%, which translates into a total increase of €185.01. This means that 100 euro in 1978 are equivalent to 285.01 euro in 2024. In other words, the purchasing power of €100 in 1978 equals €285.01 today. The average annual inflation rate between these periods has been 2.3%.

Inflation timeline in Germany (1978 - 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 1978-2023 177.31%
Cumulative inflation 1978-today 185.01%
Avg. Annual inflation 1978-2023 2.29%
CPI 1978 44.37
CPI 2023 123.03
CPI 2024-08 (latest official data) 126.2
CPI today 126.45

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 1978 and 2023, use the corresponding CPI values:

Value2023
=Value1978 ×
CPI2023/CPI1978
=€ 100 ×
123.03/44.37
€277.31

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 126.45:

Valuetoday
=Value1978 ×
CPItoday/CPI1978
=€ 100 ×
126.45/44.37
€285.01

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 45 years between 1978 and 2023 and the average inflation rate was 2.2925%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.022925)45
€277.31

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1978 €2.77 euro in 2023
€5 euro in 1978 €13.87 euro in 2023
€10 euro in 1978 €27.73 euro in 2023
€50 euro in 1978 €138.66 euro in 2023
€100 euro in 1978 €277.31 euro in 2023
€500 euro in 1978 €1,386.55 euro in 2023
€1,000 euro in 1978 €2,773.11 euro in 2023
€5,000 euro in 1978 €13,865.53 euro in 2023
€10,000 euro in 1978 €27,731.06 euro in 2023
€50,000 euro in 1978 €138,655.28 euro in 2023
€100,000 euro in 1978 €277,310.55 euro in 2023
€500,000 euro in 1978 €1,386,552.77 euro in 2023
€1,000,000 euro in 1978 €2,773,105.53 euro in 2023
Cumulative inflation From 1978 185.01%
Avg. annual inflation From 1978 2.3%
CPI 1978 44.37
CPI today 126.45

Value of Euro over time (by year)

Period Value
1978 100
1979 104.04
1980 109.7
1981 116.66
1982 122.78
1983 126.82
1984 129.87
1985 132.56
1986 132.39
1987 132.72
1988 134.41
1989 138.14
1990 141.87
1991 147.61
1992 155.08
1993 162.02
1994 166.38
1995 169.22
1996 171.67
1997 175
1998 176.59
1999 177.63
2000 180.19
2001 183.76
2002 186.37
2003 188.3
2004 191.44
2005 194.4
2006 197.46
2007 202
2008 207.31
2009 207.96
2010 210.26
2011 214.62
2012 218.93
2013 222.22
2014 224.24
2015 225.39
2016 226.5
2017 229.92
2018 233.9
2019 237.28
2020 237.63
2021 244.91
2022 261.75
2023 277.31
2024-08 284.44
Today 285.01

All available years

Today's value of euro (Germany) 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: