Value of 1979 Euro (Italy) today

€100 in 1979

€655.57 in 2019

The inflation rate in Italy between 1979 and today has been 555.57%, which translates into a total increase of €555.57. This means that 100 euro in 1979 are equivalent to 655.57 euro in 2019. In other words, the purchasing power of €100 in 1979 equals €655.57 today. The average annual inflation rate has been 4.69%.

Inflation timeline in Italy (1979-2019)

The following chart depicts the equivalence of €100 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1979-2019) 555.27%
Total Inflation* 555.57%
Annual inflation avg. (1979-2019) 4.81%
Annual inflation avg.* 4.69%
CPI 1979 15.61
CPI 2019 102.3
CPI today* 102.35
€1 in 1979 €6.55 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 40 years between 1979 and 2019 and the average inflation rate has been 4.693%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.05)40 = €655.27

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 1979 was 15.61 and the CPI today is 102.35. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
102.3/15.61
= €655.27

Italy inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1979 €6.56 euro today
€5 euro in 1979 €32.78 euro today
€10 euro in 1979 €65.56 euro today
€50 euro in 1979 €327.79 euro today
€100 euro in 1979 €655.57 euro today
€500 euro in 1979 €3,277.85 euro today
€1,000 euro in 1979 €6,555.7 euro today
€5,000 euro in 1979 €32,778.52 euro today
€10,000 euro in 1979 €65,557.03 euro today
€50,000 euro in 1979 €327,785.17 euro today
€100,000 euro in 1979 €655,570.35 euro today
€500,000 euro in 1979 €3,277,851.74 euro today
€1,000,000 euro in 1979 €6,555,703.48 euro today

Value of Euro in time (by year)

Period Value
1979 100
1980 118.82
1981 142.05
1982 167.79
1983 195.37
1984 219.38
1985 239.94
1986 261.27
1987 272.12
1988 286.26
1989 301.65
1990 320.59
1991 341.79
1992 361.89
1993 379.52
1994 396.15
1995 412.11
1996 435.07
1997 447.53
1998 456.05
1999 463.72
2000 473.53
2001 486.31
2002 497.82
2003 511.89
2004 524.67
2005 535.33
2006 545.98
2007 556.21
2008 570.71
2009 583.49
2010 589.46
2011 600.54
2012 620.28
2013 634.58
2014 638.75
2015 638.75
2016 639.35
2017 642.46
2018 648.23
2019 655.27
Today 655.57