Value of 1990 Euro (Greece) today

€100 in 1990

€381.44 in 2019

The inflation rate in Greece between 1990 and today has been 281.44%, which translates into a total increase of €281.44. This means that 100 euro in 1990 are equivalent to 381.44 euro in 2019. In other words, the purchasing power of €100 in 1990 equals €381.44 today. The average annual inflation rate has been 4.56%.

Inflation timeline in Greece (1990-2019)

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 (1990-2019) 281.29%
Total Inflation* 281.44%
Annual inflation avg. (1990-2019) 4.72%
Annual inflation avg.* 4.56%
CPI 1990 26.58
CPI 2019 101.33
CPI today* 101.37
€1 in 1990 €3.81 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 29 years between 1990 and 2019 and the average inflation rate has been 4.5637%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.05)29 = €381.29

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 1990 was 26.58 and the CPI today is 101.37. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.33/26.58
= €381.29

Greece inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1990 €3.81 euro today
€5 euro in 1990 €19.07 euro today
€10 euro in 1990 €38.14 euro today
€50 euro in 1990 €190.72 euro today
€100 euro in 1990 €381.44 euro today
€500 euro in 1990 €1,907.2 euro today
€1,000 euro in 1990 €3,814.41 euro today
€5,000 euro in 1990 €19,072.04 euro today
€10,000 euro in 1990 €38,144.07 euro today
€50,000 euro in 1990 €190,720.37 euro today
€100,000 euro in 1990 €381,440.73 euro today
€500,000 euro in 1990 €1,907,203.66 euro today
€1,000,000 euro in 1990 €3,814,407.33 euro today

Value of Euro in time (by year)

Period Value
1990 100
1991 122.88
1992 145.02
1993 165.91
1994 185.84
1995 205.67
1996 221.96
1997 238.14
1998 249.37
1999 259.02
2000 266.13
2001 276.52
2002 284.94
2003 294.59
2004 303.65
2005 313.04
2006 324.38
2007 333.81
2008 346.78
2009 353.59
2010 362.94
2011 381.71
2012 390.93
2013 394.07
2014 387.33
2015 377.24
2016 376.61
2017 376.69
2018 379.15
2019 381.29
Today 381.44