Value of 1990 Euro (Ireland) today

€100 in 1990
€199.58 in 2023

The inflation rate in Ireland between 1990 and today has been 99.58%, which translates into a total increase of €99.58. This means that 100 euro in 1990 are equivalent to 199.58 euro in 2023. In other words, the purchasing power of €100 in 1990 equals €199.58 today. The average annual inflation rate between these periods has been 2.12%.

Inflation timeline in Ireland (1990 - 2023)

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 1990-2022 92.31%
Cumulative inflation 1990-today 99.58%
Avg. Annual inflation 1990-2022 2.06%
CPI 1990 58.21
CPI 2022 111.94
CPI 2022-12 (latest official data) 115.42
CPI today 116.18

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 1990 and 2022, use the corresponding CPI values:

Value2022
=Value1990 ×
CPI2022/CPI1990
=€ 100 ×
111.94/58.21
€192.31

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 116.18:

Valuetoday
=Value1990 ×
CPItoday/CPI1990
=€ 100 ×
116.18/58.21
€199.58

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 32 years between 1990 and 2022 and the average inflation rate was 2.0646%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=€100 × (1 + 0.020646)32
€192.31

Ireland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1990 €1.92 euro in 2022
€5 euro in 1990 €9.62 euro in 2022
€10 euro in 1990 €19.23 euro in 2022
€50 euro in 1990 €96.15 euro in 2022
€100 euro in 1990 €192.31 euro in 2022
€500 euro in 1990 €961.55 euro in 2022
€1,000 euro in 1990 €1,923.09 euro in 2022
€5,000 euro in 1990 €9,615.47 euro in 2022
€10,000 euro in 1990 €19,230.95 euro in 2022
€50,000 euro in 1990 €96,154.74 euro in 2022
€100,000 euro in 1990 €192,309.48 euro in 2022
€500,000 euro in 1990 €961,547.38 euro in 2022
€1,000,000 euro in 1990 €1,923,094.76 euro in 2022
Cumulative inflation From 1990 99.58%
Avg. annual inflation From 1990 2.12%
CPI 1990 58.21
CPI today 116.18

Value of Euro over time (by year)

Period Value
1990 100
1991 103.21
1992 106.38
1993 107.94
1994 110.44
1995 113.22
1996 115.21
1997 116.97
1998 119.79
1999 121.75
2000 128.55
2001 134.82
2002 141.04
2003 145.96
2004 149.17
2005 152.8
2006 158.8
2007 166.58
2008 173.35
2009 165.58
2010 164.06
2011 168.25
2012 171.11
2013 171.98
2014 172.29
2015 171.79
2016 171.8
2017 172.39
2018 173.23
2019 174.86
2020 174.27
2021 178.38
2022 192.31
2022-12 198.29
Today 199.58

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 | 2022 |

Other currencies: