Value of 1985 Euro (Italy) today

€100 in 1985

€273.28 in 2019

The inflation rate in Italy between 1985 and today has been 173.28%, which translates into a total increase of €173.28. This means that 100 euro in 1985 are equivalent to 273.28 euro in 2019. In other words, the purchasing power of €100 in 1985 equals €273.28 today. The average annual inflation rate has been 2.91%.

Inflation timeline in Italy (1985-2019)

The following chart ilustrates the equivalence of €100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 (1985-2019) 173.1%
Total Inflation* 173.28%
Annual inflation avg. (1985-2019) 3%
Annual inflation avg.* 2.91%
CPI 1985 37.46
CPI 2019 102.3
CPI today* 102.37
€1 in 1985 €2.73 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 34 years between 1985 and 2019 and the average inflation rate has been 2.914%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)34 = €273.1

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 1985 was 37.46 and the CPI today is 102.37. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
102.3/37.46
= €273.1

Italy inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1985 €2.73 euro today
€5 euro in 1985 €13.66 euro today
€10 euro in 1985 €27.33 euro today
€50 euro in 1985 €136.64 euro today
€100 euro in 1985 €273.28 euro today
€500 euro in 1985 €1,366.4 euro today
€1,000 euro in 1985 €2,732.8 euro today
€5,000 euro in 1985 €13,664.01 euro today
€10,000 euro in 1985 €27,328.02 euro today
€50,000 euro in 1985 €136,640.11 euro today
€100,000 euro in 1985 €273,280.21 euro today
€500,000 euro in 1985 €1,366,401.06 euro today
€1,000,000 euro in 1985 €2,732,802.13 euro today

Value of Euro in time (by year)

Period Value
1985 100
1986 108.89
1987 113.41
1988 119.3
1989 125.72
1990 133.61
1991 142.45
1992 150.82
1993 158.17
1994 165.1
1995 171.76
1996 181.32
1997 186.52
1998 190.07
1999 193.27
2000 197.35
2001 202.68
2002 207.48
2003 213.34
2004 218.67
2005 223.11
2006 227.55
2007 231.81
2008 237.85
2009 243.18
2010 245.67
2011 250.29
2012 258.52
2013 264.48
2014 266.21
2015 266.21
2016 266.46
2017 267.76
2018 270.16
2019 273.1
Today 273.28