Value of 1957 Euro (Italy) today

€100 in 1957
€3,269 in 2024

The inflation rate in Italy between 1957 and today has been 3,169%, which translates into a total increase of €3,169. This means that 100 euro in 1957 are equivalent to 3,269 euro in 2024. In other words, the purchasing power of €100 in 1957 equals €3,269 today. The average annual inflation rate between these periods has been 5.34%.

Inflation timeline in Italy (1957 - 2024)

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 1957-2023 3,147.87%
Cumulative inflation 1957-today 3,169%
Avg. Annual inflation 1957-2023 5.42%
CPI 1957 3.68
CPI 2023 119.61
CPI 2024-03 (latest official data) 120.2
CPI today 120.39

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 1957 and 2023, use the corresponding CPI values:

Value2023
=Value1957 ×
CPI2023/CPI1957
=€ 100 ×
119.61/3.68
€3,247.87

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 120.39:

Valuetoday
=Value1957 ×
CPItoday/CPI1957
=€ 100 ×
120.39/3.68
€3,269

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 66 years between 1957 and 2023 and the average inflation rate was 5.4151%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.054151)66
€3,247.87

Italy inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1957 €32.48 euro in 2023
€5 euro in 1957 €162.39 euro in 2023
€10 euro in 1957 €324.79 euro in 2023
€50 euro in 1957 €1,623.94 euro in 2023
€100 euro in 1957 €3,247.87 euro in 2023
€500 euro in 1957 €16,239.36 euro in 2023
€1,000 euro in 1957 €32,478.73 euro in 2023
€5,000 euro in 1957 €162,393.63 euro in 2023
€10,000 euro in 1957 €324,787.26 euro in 2023
€50,000 euro in 1957 €1,623,936.3 euro in 2023
€100,000 euro in 1957 €3,247,872.6 euro in 2023
€500,000 euro in 1957 €16,239,363 euro in 2023
€1,000,000 euro in 1957 €32,478,726.01 euro in 2023
Cumulative inflation From 1957 3,169%
Avg. annual inflation From 1957 5.34%
CPI 1957 3.68
CPI today 120.39

Value of Euro over time (by year)

Period Value
1957 100
1958 102.86
1959 102.34
1960 104.74
1961 106.89
1962 111.9
1963 120.25
1964 127.36
1965 133.11
1966 136.24
1967 141.32
1968 143.13
1969 146.93
1970 154.23
1971 161.62
1972 170.91
1973 189.37
1974 225.65
1975 263.9
1976 307.74
1977 360.46
1978 404.06
1979 463.85
1980 561.56
1981 662.46
1982 771.64
1983 884.66
1984 980.15
1985 1,070.39
1986 1,132.72
1987 1,186.49
1988 1,246.51
1989 1,324.54
1990 1,410.06
1991 1,498.19
1992 1,577.15
1993 1,650.12
1994 1,716.98
1995 1,806.87
1996 1,879.27
1997 1,917.67
1998 1,955.16
1999 1,987.69
2000 2,038.13
2001 2,094.89
2002 2,146.54
2003 2,203.9
2004 2,252.54
2005 2,297.26
2006 2,345.29
2007 2,388.2
2008 2,468.16
2009 2,487.28
2010 2,525.22
2011 2,595.44
2012 2,674.38
2013 2,707
2014 2,713.53
2015 2,714.58
2016 2,712.03
2017 2,745.29
2018 2,776.52
2019 2,793.49
2020 2,789.64
2021 2,841.92
2022 3,074.99
2023 3,247.87
2024-03 3,263.94
Today 3,269

All available years

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

1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 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 | 2023 |

Other currencies: