Value of 1981 Euro (Italy) today

€100 in 1981

€461.59 in 2019

The inflation rate in Italy between 1981 and today has been 361.59%, which translates into a total increase of €361.59. This means that 100 euro in 1981 are equivalent to 461.59 euro in 2019. In other words, the purchasing power of €100 in 1981 equals €461.59 today. The average annual inflation rate has been 4%.

Inflation timeline in Italy (1981-2019)

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 (1981-2019) 361.28%
Total Inflation* 361.59%
Annual inflation avg. (1981-2019) 4.11%
Annual inflation avg.* 4%
CPI 1981 22.18
CPI 2019 102.3
CPI today* 102.37
€1 in 1981 €4.61 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 38 years between 1981 and 2019 and the average inflation rate has been 3.9997%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)38 = €461.28

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 1981 was 22.18 and the CPI today is 102.37. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
102.3/22.18
= €461.28

Italy inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1981 €4.62 euro today
€5 euro in 1981 €23.08 euro today
€10 euro in 1981 €46.16 euro today
€50 euro in 1981 €230.8 euro today
€100 euro in 1981 €461.59 euro today
€500 euro in 1981 €2,307.95 euro today
€1,000 euro in 1981 €4,615.91 euro today
€5,000 euro in 1981 €23,079.55 euro today
€10,000 euro in 1981 €46,159.1 euro today
€50,000 euro in 1981 €230,795.49 euro today
€100,000 euro in 1981 €461,590.97 euro today
€500,000 euro in 1981 €2,307,954.86 euro today
€1,000,000 euro in 1981 €4,615,909.71 euro today

Value of Euro in time (by year)

Period Value
1981 100
1982 118.11
1983 137.54
1984 154.44
1985 168.91
1986 183.92
1987 191.56
1988 201.51
1989 212.35
1990 225.68
1991 240.61
1992 254.75
1993 267.16
1994 278.87
1995 290.11
1996 306.27
1997 315.04
1998 321.04
1999 326.44
2000 333.34
2001 342.34
2002 350.45
2003 360.35
2004 369.35
2005 376.85
2006 384.35
2007 391.55
2008 401.75
2009 410.75
2010 414.95
2011 422.75
2012 436.65
2013 446.72
2014 449.66
2015 449.66
2016 450.07
2017 452.27
2018 456.32
2019 461.28
Today 461.59