Value of 1981 Euro (Germany) today

€100 in 1981
€240.02 in 2024

The inflation rate in Germany between 1981 and today has been 140.02%, which translates into a total increase of €140.02. This means that 100 euro in 1981 are equivalent to 240.02 euro in 2024. In other words, the purchasing power of €100 in 1981 equals €240.02 today. The average annual inflation rate between these periods has been 2.06%.

Inflation timeline in Germany (1981 - 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 1981-2023 137.7%
Cumulative inflation 1981-today 140.02%
Avg. Annual inflation 1981-2023 2.08%
CPI 1981 51.76
CPI 2023 123.03
CPI 2023-12 (latest official data) 123.77
CPI today 124.24

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 1981 and 2023, use the corresponding CPI values:

Value2023
=Value1981 ×
CPI2023/CPI1981
=€ 100 ×
123.03/51.76
€237.7

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 124.24:

Valuetoday
=Value1981 ×
CPItoday/CPI1981
=€ 100 ×
124.24/51.76
€240.02

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 42 years between 1981 and 2023 and the average inflation rate was 2.0829%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.020829)42
€237.7

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1981 €2.38 euro in 2023
€5 euro in 1981 €11.88 euro in 2023
€10 euro in 1981 €23.77 euro in 2023
€50 euro in 1981 €118.85 euro in 2023
€100 euro in 1981 €237.7 euro in 2023
€500 euro in 1981 €1,188.49 euro in 2023
€1,000 euro in 1981 €2,376.99 euro in 2023
€5,000 euro in 1981 €11,884.95 euro in 2023
€10,000 euro in 1981 €23,769.89 euro in 2023
€50,000 euro in 1981 €118,849.45 euro in 2023
€100,000 euro in 1981 €237,698.9 euro in 2023
€500,000 euro in 1981 €1,188,494.5 euro in 2023
€1,000,000 euro in 1981 €2,376,989 euro in 2023
Cumulative inflation From 1981 140.02%
Avg. annual inflation From 1981 2.06%
CPI 1981 51.76
CPI today 124.24

Value of Euro over time (by year)

Period Value
1981 100
1982 105.24
1983 108.71
1984 111.32
1985 113.62
1986 113.48
1987 113.76
1988 115.21
1989 118.41
1990 121.6
1991 126.53
1992 132.92
1993 138.87
1994 142.61
1995 145.05
1996 147.15
1997 150
1998 151.37
1999 152.26
2000 154.45
2001 157.51
2002 159.75
2003 161.4
2004 164.09
2005 166.63
2006 169.26
2007 173.15
2008 177.7
2009 178.25
2010 180.22
2011 183.96
2012 187.66
2013 190.48
2014 192.21
2015 193.2
2016 194.15
2017 197.08
2018 200.49
2019 203.39
2020 203.68
2021 209.93
2022 224.36
2023 237.7
2023-12 239.12
Today 240.02

All available years

Today's value of euro (Germany) 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 | 2022 | 2023 |

Other currencies: