Value of 1982 Euro (Ireland) today

€100 in 1982
€286.11 in 2022

The inflation rate in Ireland between 1982 and today has been 186.11%, which translates into a total increase of €186.11. This means that 100 euro in 1982 are equivalent to 286.11 euro in 2022. In other words, the purchasing power of €100 in 1982 equals €286.11 today. The average annual inflation rate between these periods has been 2.66%.

Inflation timeline in Ireland (1982 - 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 1982-2021 165.42%
Cumulative inflation 1982-today 186.11%
Avg. Annual inflation 1982-2021 2.53%
CPI 1982 39.12
CPI 2021 103.84
CPI 2022-05 (latest official data) 111.24
CPI today 111.93

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 1982 and 2021, use the corresponding CPI values:

Value2021
=Value1982 ×
CPI2021/CPI1982
=€ 100 ×
103.84/39.12
€265.42

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 111.93:

Valuetoday
=Value1982 ×
CPItoday/CPI1982
=€ 100 ×
111.93/39.12
€286.11

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 39 years between 1982 and 2021 and the average inflation rate was 2.5345%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.025345)39
€265.42

Ireland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1982 €2.65 euro in 2021
€5 euro in 1982 €13.27 euro in 2021
€10 euro in 1982 €26.54 euro in 2021
€50 euro in 1982 €132.71 euro in 2021
€100 euro in 1982 €265.42 euro in 2021
€500 euro in 1982 €1,327.1 euro in 2021
€1,000 euro in 1982 €2,654.21 euro in 2021
€5,000 euro in 1982 €13,271.04 euro in 2021
€10,000 euro in 1982 €26,542.09 euro in 2021
€50,000 euro in 1982 €132,710.43 euro in 2021
€100,000 euro in 1982 €265,420.87 euro in 2021
€500,000 euro in 1982 €1,327,104.33 euro in 2021
€1,000,000 euro in 1982 €2,654,208.66 euro in 2021
Cumulative inflation From 1982 186.11%
Avg. annual inflation From 1982 2.66%
CPI 1982 39.12
CPI today 111.93

Value of Euro over time (by year)

Period Value
1982 100
1983 110.45
1984 120
1985 126.48
1986 131.32
1987 135.47
1988 138.36
1989 144.02
1990 148.79
1991 153.57
1992 158.29
1993 160.61
1994 164.32
1995 168.47
1996 171.42
1997 174.04
1998 178.24
1999 181.15
2000 191.28
2001 200.6
2002 209.86
2003 217.18
2004 221.96
2005 227.35
2006 236.29
2007 247.86
2008 257.93
2009 246.38
2010 244.1
2011 250.35
2012 254.59
2013 255.89
2014 256.35
2015 255.61
2016 255.63
2017 256.5
2018 257.76
2019 260.18
2020 259.31
2021 265.42
2022-05 284.34
Today 286.11

All available years

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

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: