Value of 1987 Euro (Germany) today

€100 in 1987
€211.78 in 2024

The inflation rate in Germany between 1987 and today has been 111.78%, which translates into a total increase of €111.78. This means that 100 euro in 1987 are equivalent to 211.78 euro in 2024. In other words, the purchasing power of €100 in 1987 equals €211.78 today. The average annual inflation rate between these periods has been 2.05%.

Inflation timeline in Germany (1987 - 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 1987-2023 108.95%
Cumulative inflation 1987-today 111.78%
Avg. Annual inflation 1987-2023 2.07%
CPI 1987 58.88
CPI 2023 123.03
CPI 2024-02 (latest official data) 124.51
CPI today 124.7

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 1987 and 2023, use the corresponding CPI values:

Value2023
=Value1987 ×
CPI2023/CPI1987
=€ 100 ×
123.03/58.88
€208.95

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 124.7:

Valuetoday
=Value1987 ×
CPItoday/CPI1987
=€ 100 ×
124.7/58.88
€211.78

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 36 years between 1987 and 2023 and the average inflation rate was 2.0681%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.020681)36
€208.95

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1987 €2.09 euro in 2023
€5 euro in 1987 €10.45 euro in 2023
€10 euro in 1987 €20.89 euro in 2023
€50 euro in 1987 €104.47 euro in 2023
€100 euro in 1987 €208.95 euro in 2023
€500 euro in 1987 €1,044.75 euro in 2023
€1,000 euro in 1987 €2,089.49 euro in 2023
€5,000 euro in 1987 €10,447.47 euro in 2023
€10,000 euro in 1987 €20,894.94 euro in 2023
€50,000 euro in 1987 €104,474.72 euro in 2023
€100,000 euro in 1987 €208,949.43 euro in 2023
€500,000 euro in 1987 €1,044,747.16 euro in 2023
€1,000,000 euro in 1987 €2,089,494.32 euro in 2023
Cumulative inflation From 1987 111.78%
Avg. annual inflation From 1987 2.05%
CPI 1987 58.88
CPI today 124.7

Value of Euro over time (by year)

Period Value
1987 100
1988 101.27
1989 104.09
1990 106.9
1991 111.22
1992 116.85
1993 122.08
1994 125.36
1995 127.5
1996 129.35
1997 131.86
1998 133.06
1999 133.84
2000 135.77
2001 138.46
2002 140.43
2003 141.88
2004 144.24
2005 146.48
2006 148.79
2007 152.21
2008 156.21
2009 156.69
2010 158.42
2011 161.71
2012 164.96
2013 167.44
2014 168.96
2015 169.83
2016 170.66
2017 173.24
2018 176.24
2019 178.79
2020 179.05
2021 184.54
2022 197.22
2023 208.95
2024-02 211.46
Today 211.78

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: