Value of 1982 Euro (Ireland) today

€100 in 1982

€279.3 today

The inflation rate in Ireland between 1982 and today has been 179.3%, which translates into a total increase of €179.3. This means that 100 euro in 1982 are equivalent to 279.3 euro in 2018. In other words, the purchasing power of €100 in 1982 equals €279.3 today. The average annual inflation rate has been 2.81%.

Inflation timeline in Ireland (1982-2019)

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 (1982-2018) 177.37%
Total Inflation* 179.3%
Annual inflation avg. (1982-2018) 2.87%
Annual inflation avg.* 2.81%
CPI 1982 36.08
CPI 2018 100.07
CPI today* 100.77
€1 in 1982 €2.77 in 2018

* 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 36 years between 1982 and 2018 and the average inflation rate has been 2.8149%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)36 = €277.37

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 1982 was 36.08 and the CPI today is 100.77. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
100.07/36.08
= €277.37

Ireland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1982 €2.79 euro today
€5 euro in 1982 €13.97 euro today
€10 euro in 1982 €27.93 euro today
€50 euro in 1982 €139.65 euro today
€100 euro in 1982 €279.3 euro today
€500 euro in 1982 €1,396.51 euro today
€1,000 euro in 1982 €2,793.02 euro today
€5,000 euro in 1982 €13,965.08 euro today
€10,000 euro in 1982 €27,930.16 euro today
€50,000 euro in 1982 €139,650.79 euro today
€100,000 euro in 1982 €279,301.58 euro today
€500,000 euro in 1982 €1,396,507.91 euro today
€1,000,000 euro in 1982 €2,793,015.82 euro today

Value of Euro in time (by year)

Period Value
1982 100
1983 112.33
1984 124.05
1985 132.23
1986 138.78
1987 143.14
1988 147.5
1989 151.59
1990 158.68
1991 162.77
1992 168.77
1993 172.58
1994 175.31
1995 179.4
1996 183.76
1997 187.31
1998 190.9
1999 194.21
2000 200.84
2001 212.45
2002 221.56
2003 232.61
2004 237.03
2005 243.39
2006 249.19
2007 261.62
2008 273.78
2009 276.81
2010 263
2011 266.59
2012 272.95
2013 276.26
2014 276.81
2015 275.99
2016 276.26
2017 276.26
2018 277.37
Today 279.3