Value of 1986 Euro (Italy) today

€100 in 1986
€290.79 in 2024

The inflation rate in Italy between 1986 and today has been 190.79%, which translates into a total increase of €190.79. This means that 100 euro in 1986 are equivalent to 290.79 euro in 2024. In other words, the purchasing power of €100 in 1986 equals €290.79 today. The average annual inflation rate between these periods has been 2.85%.

Inflation timeline in Italy (1986 - 2024)

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 1986-2023 186.73%
Cumulative inflation 1986-today 190.79%
Avg. Annual inflation 1986-2023 2.89%
CPI 1986 41.71
CPI 2023 119.61
CPI 2024-10 (latest official data) 121.2
CPI today 121.3

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 1986 and 2023, use the corresponding CPI values:

Value2023
=Value1986 ×
CPI2023/CPI1986
=€ 100 ×
119.61/41.71
€286.73

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 121.3:

Valuetoday
=Value1986 ×
CPItoday/CPI1986
=€ 100 ×
121.3/41.71
€290.79

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 37 years between 1986 and 2023 and the average inflation rate was 2.8879%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.028879)37
€286.73

Italy inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1986 €2.87 euro in 2023
€5 euro in 1986 €14.34 euro in 2023
€10 euro in 1986 €28.67 euro in 2023
€50 euro in 1986 €143.37 euro in 2023
€100 euro in 1986 €286.73 euro in 2023
€500 euro in 1986 €1,433.66 euro in 2023
€1,000 euro in 1986 €2,867.32 euro in 2023
€5,000 euro in 1986 €14,336.61 euro in 2023
€10,000 euro in 1986 €28,673.21 euro in 2023
€50,000 euro in 1986 €143,366.06 euro in 2023
€100,000 euro in 1986 €286,732.13 euro in 2023
€500,000 euro in 1986 €1,433,660.64 euro in 2023
€1,000,000 euro in 1986 €2,867,321.28 euro in 2023
Cumulative inflation From 1986 190.79%
Avg. annual inflation From 1986 2.85%
CPI 1986 41.71
CPI today 121.3

Value of Euro over time (by year)

Period Value
1986 100
1987 104.75
1988 110.05
1989 116.93
1990 124.48
1991 132.26
1992 139.24
1993 145.68
1994 151.58
1995 159.52
1996 165.91
1997 169.3
1998 172.61
1999 175.48
2000 179.93
2001 184.94
2002 189.5
2003 194.57
2004 198.86
2005 202.81
2006 207.05
2007 210.84
2008 217.9
2009 219.58
2010 222.93
2011 229.13
2012 236.1
2013 238.98
2014 239.56
2015 239.65
2016 239.43
2017 242.36
2018 245.12
2019 246.62
2020 246.28
2021 250.89
2022 271.47
2023 286.73
2024-10 290.55
Today 290.79

All available years

Today's value of euro (Italy) by year:

1955 | 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 | 2022 | 2023 |

Other currencies: