Value of 1992 Euro (Greece) today

€100 in 1992
€275.8 in 2022

The inflation rate in Greece between 1992 and today has been 175.8%, which translates into a total increase of €175.8. This means that 100 euro in 1992 are equivalent to 275.8 euro in 2022. In other words, the purchasing power of €100 in 1992 equals €275.8 today. The average annual inflation rate between these periods has been 3.44%.

Inflation timeline in Greece (1992 - 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 1992-2021 147.02%
Cumulative inflation 1992-today 175.8%
Avg. Annual inflation 1992-2021 3.17%
CPI 1992 40.94
CPI 2021 101.13
CPI 2022-05 (latest official data) 111.7
CPI today 112.91

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 1992 and 2021, use the corresponding CPI values:

Value2021
=Value1992 ×
CPI2021/CPI1992
=€ 100 ×
101.13/40.94
€247.02

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 112.91:

Valuetoday
=Value1992 ×
CPItoday/CPI1992
=€ 100 ×
112.91/40.94
€275.8

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 29 years between 1992 and 2021 and the average inflation rate was 3.1674%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.031674)29
€247.02

Greece inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1992 €2.47 euro in 2021
€5 euro in 1992 €12.35 euro in 2021
€10 euro in 1992 €24.7 euro in 2021
€50 euro in 1992 €123.51 euro in 2021
€100 euro in 1992 €247.02 euro in 2021
€500 euro in 1992 €1,235.11 euro in 2021
€1,000 euro in 1992 €2,470.23 euro in 2021
€5,000 euro in 1992 €12,351.13 euro in 2021
€10,000 euro in 1992 €24,702.27 euro in 2021
€50,000 euro in 1992 €123,511.33 euro in 2021
€100,000 euro in 1992 €247,022.66 euro in 2021
€500,000 euro in 1992 €1,235,113.3 euro in 2021
€1,000,000 euro in 1992 €2,470,226.61 euro in 2021
Cumulative inflation From 1992 175.8%
Avg. annual inflation From 1992 3.44%
CPI 1992 40.94
CPI today 112.91

Value of Euro over time (by year)

Period Value
1992 100
1993 114.41
1994 126.85
1995 138.19
1996 149.51
1997 157.79
1998 165.31
1999 169.67
2000 175.01
2001 180.92
2002 187.48
2003 194.1
2004 199.73
2005 206.81
2006 213.42
2007 219.6
2008 228.72
2009 231.48
2010 242.39
2011 250.47
2012 254.23
2013 251.88
2014 248.58
2015 244.26
2016 242.25
2017 244.96
2018 246.5
2019 247.12
2020 244.04
2021 247.02
2022-05 272.84
Today 275.8

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: