Value of 1985 Euro (Italy) today

€100 in 1985
€290.8 in 2022

The inflation rate in Italy between 1985 and today has been 190.8%, which translates into a total increase of €190.8. This means that 100 euro in 1985 are equivalent to 290.8 euro in 2022. In other words, the purchasing power of €100 in 1985 equals €290.8 today. The average annual inflation rate between these periods has been 2.93%.

Inflation timeline in Italy (1985 - 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 1985-2021 165.5%
Cumulative inflation 1985-today 190.8%
Avg. Annual inflation 1985-2021 2.75%
CPI 1985 39.42
CPI 2021 104.66
CPI 2022-08 (latest official data) 113.9
CPI today 114.63

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 1985 and 2021, use the corresponding CPI values:

Value2021
=Value1985 ×
CPI2021/CPI1985
=€ 100 ×
104.66/39.42
€265.5

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 114.63:

Valuetoday
=Value1985 ×
CPItoday/CPI1985
=€ 100 ×
114.63/39.42
€290.8

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 36 years between 1985 and 2021 and the average inflation rate was 2.7495%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.027495)36
€265.5

Italy inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1985 €2.66 euro in 2021
€5 euro in 1985 €13.28 euro in 2021
€10 euro in 1985 €26.55 euro in 2021
€50 euro in 1985 €132.75 euro in 2021
€100 euro in 1985 €265.5 euro in 2021
€500 euro in 1985 €1,327.52 euro in 2021
€1,000 euro in 1985 €2,655.04 euro in 2021
€5,000 euro in 1985 €13,275.2 euro in 2021
€10,000 euro in 1985 €26,550.4 euro in 2021
€50,000 euro in 1985 €132,751.99 euro in 2021
€100,000 euro in 1985 €265,503.99 euro in 2021
€500,000 euro in 1985 €1,327,519.94 euro in 2021
€1,000,000 euro in 1985 €2,655,039.88 euro in 2021
Cumulative inflation From 1985 190.8%
Avg. annual inflation From 1985 2.93%
CPI 1985 39.42
CPI today 114.63

Value of Euro over time (by year)

Period Value
1985 100
1986 105.82
1987 110.85
1988 116.45
1989 123.74
1990 131.73
1991 139.97
1992 147.34
1993 154.16
1994 160.41
1995 168.81
1996 175.57
1997 179.16
1998 182.66
1999 185.7
2000 190.41
2001 195.71
2002 200.54
2003 205.9
2004 210.44
2005 214.62
2006 219.11
2007 223.12
2008 230.59
2009 232.37
2010 235.92
2011 242.48
2012 249.85
2013 252.9
2014 253.51
2015 253.61
2016 253.37
2017 256.48
2018 259.39
2019 260.98
2020 260.62
2021 265.5
2022-08 288.95
Today 290.8

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: