Value of 1980 Euro (Italy) today

€100 in 1980

€551.72 in 2019

The inflation rate in Italy between 1980 and today has been 451.72%, which translates into a total increase of €451.72. This means that 100 euro in 1980 are equivalent to 551.72 euro in 2019. In other words, the purchasing power of €100 in 1980 equals €551.72 today. The average annual inflation rate has been 4.36%.

Inflation timeline in Italy (1980-2019)

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 (1980-2019) 451.47%
Total Inflation* 451.72%
Annual inflation avg. (1980-2019) 4.48%
Annual inflation avg.* 4.36%
CPI 1980 18.55
CPI 2019 102.3
CPI today* 102.35
€1 in 1980 €5.51 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 39 years between 1980 and 2019 and the average inflation rate has been 4.3621%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)39 = €551.47

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 1980 was 18.55 and the CPI today is 102.35. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
102.3/18.55
= €551.47

Italy inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1980 €5.52 euro today
€5 euro in 1980 €27.59 euro today
€10 euro in 1980 €55.17 euro today
€50 euro in 1980 €275.86 euro today
€100 euro in 1980 €551.72 euro today
€500 euro in 1980 €2,758.61 euro today
€1,000 euro in 1980 €5,517.22 euro today
€5,000 euro in 1980 €27,586.08 euro today
€10,000 euro in 1980 €55,172.15 euro today
€50,000 euro in 1980 €275,860.77 euro today
€100,000 euro in 1980 €551,721.54 euro today
€500,000 euro in 1980 €2,758,607.69 euro today
€1,000,000 euro in 1980 €5,517,215.38 euro today

Value of Euro in time (by year)

Period Value
1980 100
1981 119.55
1982 141.21
1983 164.42
1984 184.63
1985 201.93
1986 219.88
1987 229.01
1988 240.91
1989 253.87
1990 269.8
1991 287.65
1992 304.56
1993 319.4
1994 333.39
1995 346.83
1996 366.15
1997 376.64
1998 383.81
1999 390.27
2000 398.52
2001 409.28
2002 418.96
2003 430.8
2004 441.56
2005 450.53
2006 459.5
2007 468.1
2008 480.3
2009 491.06
2010 496.08
2011 505.41
2012 522.02
2013 534.06
2014 537.57
2015 537.57
2016 538.07
2017 540.69
2018 545.54
2019 551.47
Today 551.72