Value of 2014 Euro (Germany) today

€100 in 2014
€127.1 in 2024

The inflation rate in Germany between 2014 and today has been 27.1%, which translates into a total increase of €27.1. This means that 100 euro in 2014 are equivalent to 127.1 euro in 2024. In other words, the purchasing power of €100 in 2014 equals €127.1 today. The average annual inflation rate between these periods has been 2.43%.

Inflation timeline in Germany (2014 - 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 2014-2023 23.67%
Cumulative inflation 2014-today 27.1%
Avg. Annual inflation 2014-2023 2.39%
CPI 2014 99.49
CPI 2023 123.03
CPI 2024-08 (latest official data) 126.2
CPI today 126.45

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 2014 and 2023, use the corresponding CPI values:

Value2023
=Value2014 ×
CPI2023/CPI2014
=€ 100 ×
123.03/99.49
€123.67

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 126.45:

Valuetoday
=Value2014 ×
CPItoday/CPI2014
=€ 100 ×
126.45/99.49
€127.1

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 9 years between 2014 and 2023 and the average inflation rate was 2.3884%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.023884)9
€123.67

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 2014 €1.24 euro in 2023
€5 euro in 2014 €6.18 euro in 2023
€10 euro in 2014 €12.37 euro in 2023
€50 euro in 2014 €61.83 euro in 2023
€100 euro in 2014 €123.67 euro in 2023
€500 euro in 2014 €618.34 euro in 2023
€1,000 euro in 2014 €1,236.68 euro in 2023
€5,000 euro in 2014 €6,183.39 euro in 2023
€10,000 euro in 2014 €12,366.78 euro in 2023
€50,000 euro in 2014 €61,833.91 euro in 2023
€100,000 euro in 2014 €123,667.82 euro in 2023
€500,000 euro in 2014 €618,339.1 euro in 2023
€1,000,000 euro in 2014 €1,236,678.2 euro in 2023
Cumulative inflation From 2014 27.1%
Avg. annual inflation From 2014 2.43%
CPI 2014 99.49
CPI today 126.45

Value of Euro over time (by year)

Period Value
2014 100
2015 100.51
2016 101.01
2017 102.53
2018 104.31
2019 105.82
2020 105.97
2021 109.22
2022 116.73
2023 123.67
2024-08 126.85
Today 127.1

All available years

Today's value of euro (Germany) by year:

1955 | 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: