Value of 1995 Euro (Greece) today

€100 in 1995
€208.48 in 2024

The inflation rate in Greece between 1995 and today has been 108.48%, which translates into a total increase of €108.48. This means that 100 euro in 1995 are equivalent to 208.48 euro in 2024. In other words, the purchasing power of €100 in 1995 equals €208.48 today. The average annual inflation rate between these periods has been 2.57%.

Inflation timeline in Greece (1995 - 2024)

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 1995-2023 102.79%
Cumulative inflation 1995-today 108.48%
Avg. Annual inflation 1995-2023 2.56%
CPI 1995 56.57
CPI 2023 114.73
CPI 2024-08 (latest official data) 117.57
CPI today 117.94

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 1995 and 2023, use the corresponding CPI values:

Value2023
=Value1995 ×
CPI2023/CPI1995
=€ 100 ×
114.73/56.57
€202.79

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 117.94:

Valuetoday
=Value1995 ×
CPItoday/CPI1995
=€ 100 ×
117.94/56.57
€208.48

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 28 years between 1995 and 2023 and the average inflation rate was 2.5572%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.025572)28
€202.79

Greece inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1995 €2.03 euro in 2023
€5 euro in 1995 €10.14 euro in 2023
€10 euro in 1995 €20.28 euro in 2023
€50 euro in 1995 €101.4 euro in 2023
€100 euro in 1995 €202.79 euro in 2023
€500 euro in 1995 €1,013.97 euro in 2023
€1,000 euro in 1995 €2,027.94 euro in 2023
€5,000 euro in 1995 €10,139.69 euro in 2023
€10,000 euro in 1995 €20,279.38 euro in 2023
€50,000 euro in 1995 €101,396.92 euro in 2023
€100,000 euro in 1995 €202,793.84 euro in 2023
€500,000 euro in 1995 €1,013,969.2 euro in 2023
€1,000,000 euro in 1995 €2,027,938.39 euro in 2023
Cumulative inflation From 1995 108.48%
Avg. annual inflation From 1995 2.57%
CPI 1995 56.57
CPI today 117.94

Value of Euro over time (by year)

Period Value
1995 100
1996 108.19
1997 114.18
1998 119.63
1999 122.78
2000 126.65
2001 130.92
2002 135.67
2003 140.46
2004 144.54
2005 149.66
2006 154.44
2007 158.91
2008 165.51
2009 167.52
2010 175.41
2011 181.25
2012 183.97
2013 182.28
2014 179.89
2015 176.76
2016 175.31
2017 177.27
2018 178.38
2019 178.83
2020 176.6
2021 178.76
2022 196
2023 202.79
2024-08 207.82
Today 208.48

All available years

Today's value of euro (Greece) by year:

1955 | 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 | 2022 | 2023 |

Other currencies: