Value of 1989 Euro (Germany) today

€100 in 1989

€174.37 in 2018

The inflation rate in Germany between 1989 and today has been 74.37%, which translates into a total increase of €74.37. This means that 100 euro in 1989 are equivalent to 174.37 euro in 2018. In other words, the purchasing power of €100 in 1989 equals €174.37 today. The average annual inflation rate has been 1.87%.

Inflation timeline in Germany (1989-2018)

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 (1989-2018) 71.73%
Total Inflation* 74.37%
Annual inflation avg. (1989-2018) 1.88%
Annual inflation avg.* 1.87%
CPI 1989 60.25
CPI 2018 103.47
CPI today* 105.06
€1 in 1989 €1.72 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 29 years between 1989 and 2018 and the average inflation rate has been 1.8706%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)29 = €171.73

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 1989 was 60.25 and the CPI today is 105.06. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
103.47/60.25
= €171.73

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1989 €1.74 euro today
€5 euro in 1989 €8.72 euro today
€10 euro in 1989 €17.44 euro today
€50 euro in 1989 €87.18 euro today
€100 euro in 1989 €174.37 euro today
€500 euro in 1989 €871.84 euro today
€1,000 euro in 1989 €1,743.68 euro today
€5,000 euro in 1989 €8,718.41 euro today
€10,000 euro in 1989 €17,436.83 euro today
€50,000 euro in 1989 €87,184.14 euro today
€100,000 euro in 1989 €174,368.29 euro today
€500,000 euro in 1989 €871,841.43 euro today
€1,000,000 euro in 1989 €1,743,682.86 euro today

Value of Euro in time (by year)

Period Value
1989 100
1990 103.04
1991 105.86
1992 111.95
1993 115.68
1994 120.64
1995 123.59
1996 125.46
1997 127.32
1998 129.96
1999 130.43
2000 131.98
2001 134.62
2002 136.79
2003 138.34
2004 139.9
2005 143
2006 145.02
2007 147.04
2008 151.7
2009 153.41
2010 154.65
2011 156.67
2012 159.77
2013 163.03
2014 165.36
2015 165.67
2016 166.14
2017 168.93
2018 171.73
Today 174.37