Value of 1995 Euro (Ireland) today

€100 in 1995

€155.76 in 2019

The inflation rate in Ireland between 1995 and today has been 55.76%, which translates into a total increase of €55.76. This means that 100 euro in 1995 are equivalent to 155.76 euro in 2019. In other words, the purchasing power of €100 in 1995 equals €155.76 today. The average annual inflation rate has been 1.79%.

Inflation timeline in Ireland (1995-2019)

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 (1995-2019) 55.69%
Total Inflation* 55.76%
Annual inflation avg. (1995-2019) 1.86%
Annual inflation avg.* 1.79%
CPI 1995 64.73
CPI 2019 100.77
CPI today* 100.82
€1 in 1995 €1.56 in 2019

* 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 24 years between 1995 and 2019 and the average inflation rate has been 1.7884%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)24 = €155.69

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 1995 was 64.73 and the CPI today is 100.82. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
100.77/64.73
= €155.69

Ireland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1995 €1.56 euro today
€5 euro in 1995 €7.79 euro today
€10 euro in 1995 €15.58 euro today
€50 euro in 1995 €77.88 euro today
€100 euro in 1995 €155.76 euro today
€500 euro in 1995 €778.8 euro today
€1,000 euro in 1995 €1,557.59 euro today
€5,000 euro in 1995 €7,787.97 euro today
€10,000 euro in 1995 €15,575.94 euro today
€50,000 euro in 1995 €77,879.69 euro today
€100,000 euro in 1995 €155,759.38 euro today
€500,000 euro in 1995 €778,796.88 euro today
€1,000,000 euro in 1995 €1,557,593.77 euro today

Value of Euro in time (by year)

Period Value
1995 100
1996 102.43
1997 104.41
1998 106.41
1999 108.26
2000 111.95
2001 118.42
2002 123.5
2003 129.66
2004 132.13
2005 135.67
2006 138.9
2007 145.83
2008 152.61
2009 154.3
2010 146.6
2011 148.6
2012 152.15
2013 153.99
2014 154.3
2015 153.84
2016 153.99
2017 153.99
2018 154.61
2019 155.69
Today 155.76