Value of 1986 Euro (Greece) today

€100 in 1986

€676 in 2019

The inflation rate in Greece between 1986 and today has been 576%, which translates into a total increase of €576. This means that 100 euro in 1986 are equivalent to 676 euro in 2019. In other words, the purchasing power of €100 in 1986 equals €676 today. The average annual inflation rate has been 5.78%.

Inflation timeline in Greece (1986-2019)

The following chart depicts the equivalence of €100 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1986-2019) 575.74%
Total Inflation* 576%
Annual inflation avg. (1986-2019) 5.96%
Annual inflation avg.* 5.78%
CPI 1986 15
CPI 2019 101.33
CPI today* 101.37
€1 in 1986 €6.76 in 2019

* 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 33 years between 1986 and 2019 and the average inflation rate has been 5.7816%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.06)33 = €675.74

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 1986 was 15 and the CPI today is 101.37. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.33/15
= €675.74

Greece inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1986 €6.76 euro today
€5 euro in 1986 €33.8 euro today
€10 euro in 1986 €67.6 euro today
€50 euro in 1986 €338 euro today
€100 euro in 1986 €676 euro today
€500 euro in 1986 €3,379.98 euro today
€1,000 euro in 1986 €6,759.96 euro today
€5,000 euro in 1986 €33,799.82 euro today
€10,000 euro in 1986 €67,599.63 euro today
€50,000 euro in 1986 €337,998.16 euro today
€100,000 euro in 1986 €675,996.32 euro today
€500,000 euro in 1986 €3,379,981.59 euro today
€1,000,000 euro in 1986 €6,759,963.19 euro today

Value of Euro in time (by year)

Period Value
1986 100
1987 117
1988 135.45
1989 154.32
1990 177.23
1991 217.78
1992 257.02
1993 294.04
1994 329.37
1995 364.5
1996 393.37
1997 422.05
1998 441.95
1999 459.05
2000 471.65
2001 490.07
2002 504.99
2003 522.1
2004 538.15
2005 554.8
2006 574.89
2007 591.61
2008 614.58
2009 626.67
2010 643.22
2011 676.5
2012 692.84
2013 698.41
2014 686.46
2015 668.57
2016 667.45
2017 667.6
2018 671.96
2019 675.74
Today 676