Value of 1983 Euro (Germany) today

€100 in 1983

€188.6 in 2018

The inflation rate in Germany between 1983 and today has been 88.6%, which translates into a total increase of €88.6. This means that 100 euro in 1983 are equivalent to 188.6 euro in 2018. In other words, the purchasing power of €100 in 1983 equals €188.6 today. The average annual inflation rate has been 1.78%.

Inflation timeline in Germany (1983-2018)

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 (1983-2018) 86.07%
Total Inflation* 88.6%
Annual inflation avg. (1983-2018) 1.79%
Annual inflation avg.* 1.78%
CPI 1983 55.61
CPI 2018 103.47
CPI today* 104.87
€1 in 1983 €1.86 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 35 years between 1983 and 2018 and the average inflation rate has been 1.7779%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)35 = €186.07

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 1983 was 55.61 and the CPI today is 104.87. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
103.47/55.61
= €186.07

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1983 €1.89 euro today
€5 euro in 1983 €9.43 euro today
€10 euro in 1983 €18.86 euro today
€50 euro in 1983 €94.3 euro today
€100 euro in 1983 €188.6 euro today
€500 euro in 1983 €942.98 euro today
€1,000 euro in 1983 €1,885.96 euro today
€5,000 euro in 1983 €9,429.81 euro today
€10,000 euro in 1983 €18,859.62 euro today
€50,000 euro in 1983 €94,298.12 euro today
€100,000 euro in 1983 €188,596.23 euro today
€500,000 euro in 1983 €942,981.16 euro today
€1,000,000 euro in 1983 €1,885,962.32 euro today

Value of Euro in time (by year)

Period Value
1983 100
1984 102.71
1985 104.71
1986 106.35
1987 105.29
1988 106.35
1989 108.35
1990 111.65
1991 114.71
1992 121.3
1993 125.34
1994 130.72
1995 133.92
1996 135.94
1997 137.96
1998 140.82
1999 141.32
2000 143
2001 145.86
2002 148.22
2003 149.9
2004 151.58
2005 154.95
2006 157.13
2007 159.32
2008 164.37
2009 166.22
2010 167.57
2011 169.75
2012 173.12
2013 176.65
2014 179.17
2015 179.51
2016 180.02
2017 183.04
2018 186.07
Today 188.6