Value of 1978 Euro (Germany) today

€100 in 1978

€240.41 in 2018

The inflation rate in Germany between 1978 and today has been 140.41%, which translates into a total increase of €140.41. This means that 100 euro in 1978 are equivalent to 240.41 euro in 2018. In other words, the purchasing power of €100 in 1978 equals €240.41 today. The average annual inflation rate has been 2.16%.

Inflation timeline in Germany (1978-2018)

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 (1978-2018) 136.77%
Total Inflation* 140.41%
Annual inflation avg. (1978-2018) 2.18%
Annual inflation avg.* 2.16%
CPI 1978 43.7
CPI 2018 103.47
CPI today* 105.06
€1 in 1978 €2.37 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 40 years between 1978 and 2018 and the average inflation rate has been 2.1625%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)40 = €236.77

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 1978 was 43.7 and the CPI today is 105.06. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
103.47/43.7
= €236.77

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1978 €2.4 euro today
€5 euro in 1978 €12.02 euro today
€10 euro in 1978 €24.04 euro today
€50 euro in 1978 €120.2 euro today
€100 euro in 1978 €240.41 euro today
€500 euro in 1978 €1,202.04 euro today
€1,000 euro in 1978 €2,404.09 euro today
€5,000 euro in 1978 €12,020.45 euro today
€10,000 euro in 1978 €24,040.9 euro today
€50,000 euro in 1978 €120,204.49 euro today
€100,000 euro in 1978 €240,408.98 euro today
€500,000 euro in 1978 €1,202,044.92 euro today
€1,000,000 euro in 1978 €2,404,089.84 euro today

Value of Euro in time (by year)

Period Value
1978 100
1979 102.54
1980 108.08
1981 114.07
1982 121.71
1983 127.25
1984 130.69
1985 133.23
1986 135.33
1987 133.98
1988 135.33
1989 137.87
1990 142.07
1991 145.96
1992 154.35
1993 159.49
1994 166.34
1995 170.4
1996 172.97
1997 175.54
1998 179.18
1999 179.82
2000 181.96
2001 185.6
2002 188.6
2003 190.74
2004 192.88
2005 197.16
2006 199.95
2007 202.73
2008 209.15
2009 211.51
2010 213.22
2011 216
2012 220.28
2013 224.78
2014 227.99
2015 228.42
2016 229.06
2017 232.91
2018 236.77
Today 240.41