Value of 1990 Euro (Greece) today

€100 in 1990
€384.34 in 2022

The inflation rate in Greece between 1990 and today has been 284.34%, which translates into a total increase of €284.34. This means that 100 euro in 1990 are equivalent to 384.34 euro in 2022. In other words, the purchasing power of €100 in 1990 equals €384.34 today. The average annual inflation rate between these periods has been 4.3%.

Inflation timeline in Greece (1990 - 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 1990-2021 241.93%
Cumulative inflation 1990-today 284.34%
Avg. Annual inflation 1990-2021 4.05%
CPI 1990 29.58
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 1990 and 2021, use the corresponding CPI values:

Value2021
=Value1990 ×
CPI2021/CPI1990
=€ 100 ×
101.13/29.58
€341.93

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

Valuetoday
=Value1990 ×
CPItoday/CPI1990
=€ 100 ×
113.67/29.58
€384.34

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 31 years between 1990 and 2021 and the average inflation rate was 4.0456%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.040456)31
€341.93

Greece inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1990 €3.42 euro in 2021
€5 euro in 1990 €17.1 euro in 2021
€10 euro in 1990 €34.19 euro in 2021
€50 euro in 1990 €170.97 euro in 2021
€100 euro in 1990 €341.93 euro in 2021
€500 euro in 1990 €1,709.67 euro in 2021
€1,000 euro in 1990 €3,419.34 euro in 2021
€5,000 euro in 1990 €17,096.68 euro in 2021
€10,000 euro in 1990 €34,193.35 euro in 2021
€50,000 euro in 1990 €170,966.76 euro in 2021
€100,000 euro in 1990 €341,933.53 euro in 2021
€500,000 euro in 1990 €1,709,667.64 euro in 2021
€1,000,000 euro in 1990 €3,419,335.27 euro in 2021
Cumulative inflation From 1990 284.34%
Avg. annual inflation From 1990 4.3%
CPI 1990 29.58
CPI today 113.67

Value of Euro over time (by year)

Period Value
1990 100
1991 119.46
1992 138.42
1993 158.37
1994 175.59
1995 191.28
1996 206.95
1997 218.41
1998 228.82
1999 234.85
2000 242.26
2001 250.43
2002 259.52
2003 268.68
2004 276.47
2005 286.27
2006 295.42
2007 303.97
2008 316.59
2009 320.43
2010 335.53
2011 346.7
2012 351.91
2013 348.66
2014 344.09
2015 338.12
2016 335.32
2017 339.08
2018 341.21
2019 342.07
2020 337.8
2021 341.93
2022-10 382.25
Today 384.34

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: