Value of 1985 Euro (Ireland) today

€100 in 1985
€234.16 in 2022

The inflation rate in Ireland between 1985 and today has been 134.16%, which translates into a total increase of €134.16. This means that 100 euro in 1985 are equivalent to 234.16 euro in 2022. In other words, the purchasing power of €100 in 1985 equals €234.16 today. The average annual inflation rate between these periods has been 2.33%.

Inflation timeline in Ireland (1985 - 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 1985-2021 109.86%
Cumulative inflation 1985-today 134.16%
Avg. Annual inflation 1985-2021 2.08%
CPI 1985 49.48
CPI 2021 103.84
CPI 2022-10 (latest official data) 115.23
CPI today 115.86

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 1985 and 2021, use the corresponding CPI values:

Value2021
=Value1985 ×
CPI2021/CPI1985
=€ 100 ×
103.84/49.48
€209.86

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 115.86:

Valuetoday
=Value1985 ×
CPItoday/CPI1985
=€ 100 ×
115.86/49.48
€234.16

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 36 years between 1985 and 2021 and the average inflation rate was 2.0804%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.020804)36
€209.86

Ireland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1985 €2.1 euro in 2021
€5 euro in 1985 €10.49 euro in 2021
€10 euro in 1985 €20.99 euro in 2021
€50 euro in 1985 €104.93 euro in 2021
€100 euro in 1985 €209.86 euro in 2021
€500 euro in 1985 €1,049.28 euro in 2021
€1,000 euro in 1985 €2,098.57 euro in 2021
€5,000 euro in 1985 €10,492.83 euro in 2021
€10,000 euro in 1985 €20,985.65 euro in 2021
€50,000 euro in 1985 €104,928.25 euro in 2021
€100,000 euro in 1985 €209,856.5 euro in 2021
€500,000 euro in 1985 €1,049,282.5 euro in 2021
€1,000,000 euro in 1985 €2,098,565 euro in 2021
Cumulative inflation From 1985 134.16%
Avg. annual inflation From 1985 2.33%
CPI 1985 49.48
CPI today 115.86

Value of Euro over time (by year)

Period Value
1985 100
1986 103.83
1987 107.11
1988 109.39
1989 113.87
1990 117.64
1991 121.42
1992 125.15
1993 126.99
1994 129.92
1995 133.2
1996 135.54
1997 137.6
1998 140.93
1999 143.23
2000 151.24
2001 158.61
2002 165.92
2003 171.72
2004 175.49
2005 179.76
2006 186.82
2007 195.97
2008 203.93
2009 194.8
2010 193
2011 197.94
2012 201.3
2013 202.32
2014 202.69
2015 202.1
2016 202.12
2017 202.81
2018 203.8
2019 205.71
2020 205.02
2021 209.86
2022-10 232.87
Today 234.16

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: