Value of 1982 Euro (Italy) today

€100 in 1982
€391.73 in 2022

The inflation rate in Italy between 1982 and today has been 291.73%, which translates into a total increase of €291.73. This means that 100 euro in 1982 are equivalent to 391.73 euro in 2022. In other words, the purchasing power of €100 in 1982 equals €391.73 today. The average annual inflation rate between these periods has been 3.47%.

Inflation timeline in Italy (1982 - 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 1982-2021 268.3%
Cumulative inflation 1982-today 291.73%
Avg. Annual inflation 1982-2021 3.4%
CPI 1982 28.42
CPI 2021 104.66
CPI 2022-03 (latest official data) 110.4
CPI today 111.32

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 1982 and 2021, use the corresponding CPI values:

Value2021
=Value1982 ×
CPI2021/CPI1982
=€ 100 ×
104.66/28.42
€368.3

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 111.32:

Valuetoday
=Value1982 ×
CPItoday/CPI1982
=€ 100 ×
111.32/28.42
€391.73

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 39 years between 1982 and 2021 and the average inflation rate was 3.3994%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.033994)39
€368.3

Italy inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1982 €3.68 euro in 2021
€5 euro in 1982 €18.41 euro in 2021
€10 euro in 1982 €36.83 euro in 2021
€50 euro in 1982 €184.15 euro in 2021
€100 euro in 1982 €368.3 euro in 2021
€500 euro in 1982 €1,841.48 euro in 2021
€1,000 euro in 1982 €3,682.96 euro in 2021
€5,000 euro in 1982 €18,414.79 euro in 2021
€10,000 euro in 1982 €36,829.58 euro in 2021
€50,000 euro in 1982 €184,147.92 euro in 2021
€100,000 euro in 1982 €368,295.85 euro in 2021
€500,000 euro in 1982 €1,841,479.25 euro in 2021
€1,000,000 euro in 1982 €3,682,958.49 euro in 2021
Cumulative inflation From 1982 291.73%
Avg. annual inflation From 1982 3.47%
CPI 1982 28.42
CPI today 111.32

Value of Euro over time (by year)

Period Value
1982 100
1983 114.65
1984 127.02
1985 138.72
1986 146.79
1987 153.76
1988 161.54
1989 171.65
1990 182.74
1991 194.16
1992 204.39
1993 213.85
1994 222.51
1995 234.16
1996 243.54
1997 248.52
1998 253.38
1999 257.59
2000 264.13
2001 271.49
2002 278.18
2003 285.61
2004 291.92
2005 297.71
2006 303.94
2007 309.5
2008 319.86
2009 322.34
2010 327.25
2011 336.35
2012 346.58
2013 350.81
2014 351.66
2015 351.79
2016 351.46
2017 355.77
2018 359.82
2019 362.02
2020 361.52
2021 368.3
2022-03 388.5
Today 391.73

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: