Value of 1967 Euro (Italy) today

€100 in 1967
€2,285.43 in 2022

The inflation rate in Italy between 1967 and today has been 2,185.43%, which translates into a total increase of €2,185.43. This means that 100 euro in 1967 are equivalent to 2,285.43 euro in 2022. In other words, the purchasing power of €100 in 1967 equals €2,285.43 today. The average annual inflation rate between these periods has been 5.85%.

Inflation timeline in Italy (1967 - 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 1967-2021 1,910.96%
Cumulative inflation 1967-today 2,185.43%
Avg. Annual inflation 1967-2021 5.72%
CPI 1967 5.2
CPI 2021 104.66
CPI 2022-10 (latest official data) 118.1
CPI today 118.94

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 1967 and 2021, use the corresponding CPI values:

Value2021
=Value1967 ×
CPI2021/CPI1967
=€ 100 ×
104.66/5.2
€2,010.96

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 118.94:

Valuetoday
=Value1967 ×
CPItoday/CPI1967
=€ 100 ×
118.94/5.2
€2,285.43

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 54 years between 1967 and 2021 and the average inflation rate was 5.7151%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.057151)54
€2,010.96

Italy inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1967 €20.11 euro in 2021
€5 euro in 1967 €100.55 euro in 2021
€10 euro in 1967 €201.1 euro in 2021
€50 euro in 1967 €1,005.48 euro in 2021
€100 euro in 1967 €2,010.96 euro in 2021
€500 euro in 1967 €10,054.82 euro in 2021
€1,000 euro in 1967 €20,109.63 euro in 2021
€5,000 euro in 1967 €100,548.15 euro in 2021
€10,000 euro in 1967 €201,096.31 euro in 2021
€50,000 euro in 1967 €1,005,481.53 euro in 2021
€100,000 euro in 1967 €2,010,963.06 euro in 2021
€500,000 euro in 1967 €10,054,815.29 euro in 2021
€1,000,000 euro in 1967 €20,109,630.59 euro in 2021
Cumulative inflation From 1967 2,185.43%
Avg. annual inflation From 1967 5.85%
CPI 1967 5.2
CPI today 118.94

Value of Euro over time (by year)

Period Value
1967 100
1968 101.28
1969 103.97
1970 109.13
1971 114.36
1972 120.94
1973 134
1974 159.67
1975 186.74
1976 217.76
1977 255.07
1978 285.91
1979 328.22
1980 397.36
1981 468.76
1982 546.02
1983 625.99
1984 693.56
1985 757.41
1986 801.52
1987 839.57
1988 882.04
1989 937.25
1990 997.77
1991 1,060.13
1992 1,116
1993 1,167.64
1994 1,214.95
1995 1,278.56
1996 1,329.79
1997 1,356.96
1998 1,383.49
1999 1,406.5
2000 1,442.19
2001 1,482.36
2002 1,518.91
2003 1,559.5
2004 1,593.91
2005 1,625.56
2006 1,659.55
2007 1,689.91
2008 1,746.49
2009 1,760.02
2010 1,786.87
2011 1,836.55
2012 1,892.41
2013 1,915.5
2014 1,920.12
2015 1,920.86
2016 1,919.05
2017 1,942.59
2018 1,964.69
2019 1,976.7
2020 1,973.98
2021 2,010.96
2022-10 2,269.24
Today 2,285.43

All available years

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

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 |

Other currencies: