Value of 1984 Euro (Germany) today

€100 in 1984

€183.96 in 2018

The inflation rate in Germany between 1984 and today has been 83.96%, which translates into a total increase of €83.96. This means that 100 euro in 1984 are equivalent to 183.96 euro in 2018. In other words, the purchasing power of €100 in 1984 equals €183.96 today. The average annual inflation rate has been 1.76%.

Inflation timeline in Germany (1984-2018)

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 (1984-2018) 81.17%
Total Inflation* 83.96%
Annual inflation avg. (1984-2018) 1.76%
Annual inflation avg.* 1.76%
CPI 1984 57.11
CPI 2018 103.47
CPI today* 105.06
€1 in 1984 €1.81 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 34 years between 1984 and 2018 and the average inflation rate has been 1.7567%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)34 = €181.17

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 1984 was 57.11 and the CPI today is 105.06. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
103.47/57.11
= €181.17

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1984 €1.84 euro today
€5 euro in 1984 €9.2 euro today
€10 euro in 1984 €18.4 euro today
€50 euro in 1984 €91.98 euro today
€100 euro in 1984 €183.96 euro today
€500 euro in 1984 €919.78 euro today
€1,000 euro in 1984 €1,839.55 euro today
€5,000 euro in 1984 €9,197.77 euro today
€10,000 euro in 1984 €18,395.53 euro today
€50,000 euro in 1984 €91,977.65 euro today
€100,000 euro in 1984 €183,955.31 euro today
€500,000 euro in 1984 €919,776.53 euro today
€1,000,000 euro in 1984 €1,839,553.05 euro today

Value of Euro in time (by year)

Period Value
1984 100
1985 101.95
1986 103.55
1987 102.52
1988 103.55
1989 105.5
1990 108.71
1991 111.68
1992 118.1
1993 122.04
1994 127.28
1995 130.39
1996 132.36
1997 134.32
1998 137.11
1999 137.6
2000 139.24
2001 142.02
2002 144.31
2003 145.95
2004 147.59
2005 150.87
2006 153
2007 155.12
2008 160.04
2009 161.84
2010 163.15
2011 165.28
2012 168.56
2013 172
2014 174.45
2015 174.78
2016 175.27
2017 178.22
2018 181.17
Today 183.96