Value of 1985 Euro (Greece) today

€100 in 1985
€855.18 in 2022

The inflation rate in Greece between 1985 and today has been 755.18%, which translates into a total increase of €755.18. This means that 100 euro in 1985 are equivalent to 855.18 euro in 2022. In other words, the purchasing power of €100 in 1985 equals €855.18 today. The average annual inflation rate between these periods has been 5.97%.

Inflation timeline in Greece (1985 - 2022)

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 1985-2021 660.83%
Cumulative inflation 1985-today 755.18%
Avg. Annual inflation 1985-2021 5.8%
CPI 1985 13.29
CPI 2021 101.13
CPI 2022-10 (latest official data) 113.05
CPI today 113.67

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 1985 and 2021, use the corresponding CPI values:

Value2021
=Value1985 ×
CPI2021/CPI1985
=€ 100 ×
101.13/13.29
€760.83

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 113.67:

Valuetoday
=Value1985 ×
CPItoday/CPI1985
=€ 100 ×
113.67/13.29
€855.18

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 1985 and 2021 and the average inflation rate was 5.7987%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.057987)36
€760.83

Greece inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1985 €7.61 euro in 2021
€5 euro in 1985 €38.04 euro in 2021
€10 euro in 1985 €76.08 euro in 2021
€50 euro in 1985 €380.41 euro in 2021
€100 euro in 1985 €760.83 euro in 2021
€500 euro in 1985 €3,804.14 euro in 2021
€1,000 euro in 1985 €7,608.29 euro in 2021
€5,000 euro in 1985 €38,041.44 euro in 2021
€10,000 euro in 1985 €76,082.87 euro in 2021
€50,000 euro in 1985 €380,414.36 euro in 2021
€100,000 euro in 1985 €760,828.71 euro in 2021
€500,000 euro in 1985 €3,804,143.55 euro in 2021
€1,000,000 euro in 1985 €7,608,287.1 euro in 2021
Cumulative inflation From 1985 755.18%
Avg. annual inflation From 1985 5.97%
CPI 1985 13.29
CPI today 113.67

Value of Euro over time (by year)

Period Value
1985 100
1986 123.02
1987 143.19
1988 162.56
1989 184.76
1990 222.51
1991 265.8
1992 308
1993 352.39
1994 390.7
1995 425.61
1996 460.49
1997 485.98
1998 509.15
1999 522.57
2000 539.04
2001 557.22
2002 577.45
2003 597.83
2004 615.17
2005 636.97
2006 657.33
2007 676.36
2008 704.45
2009 712.97
2010 746.57
2011 771.44
2012 783.02
2013 775.8
2014 765.62
2015 752.33
2016 746.12
2017 754.49
2018 759.21
2019 761.13
2020 751.63
2021 760.83
2022-10 850.53
Today 855.18

All available years

Today's value of euro (Greece) 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 |

Other currencies: