Value of 1990 Euro (Italy) today

€100 in 1990

€204.55 in 2019

The inflation rate in Italy between 1990 and today has been 104.55%, which translates into a total increase of €104.55. This means that 100 euro in 1990 are equivalent to 204.55 euro in 2019. In other words, the purchasing power of €100 in 1990 equals €204.55 today. The average annual inflation rate has been 2.41%.

Inflation timeline in Italy (1990-2019)

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 (1990-2019) 104.4%
Total Inflation* 104.55%
Annual inflation avg. (1990-2019) 2.5%
Annual inflation avg.* 2.41%
CPI 1990 50.05
CPI 2019 102.3
CPI today* 102.38
€1 in 1990 €2.04 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 29 years between 1990 and 2019 and the average inflation rate has been 2.4142%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)29 = €204.4

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 1990 was 50.05 and the CPI today is 102.38. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
102.3/50.05
= €204.4

Italy inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1990 €2.05 euro today
€5 euro in 1990 €10.23 euro today
€10 euro in 1990 €20.46 euro today
€50 euro in 1990 €102.28 euro today
€100 euro in 1990 €204.55 euro today
€500 euro in 1990 €1,022.76 euro today
€1,000 euro in 1990 €2,045.53 euro today
€5,000 euro in 1990 €10,227.64 euro today
€10,000 euro in 1990 €20,455.28 euro today
€50,000 euro in 1990 €102,276.42 euro today
€100,000 euro in 1990 €204,552.83 euro today
€500,000 euro in 1990 €1,022,764.16 euro today
€1,000,000 euro in 1990 €2,045,528.31 euro today

Value of Euro in time (by year)

Period Value
1990 100
1991 106.61
1992 112.88
1993 118.38
1994 123.57
1995 128.55
1996 135.71
1997 139.6
1998 142.26
1999 144.65
2000 147.71
2001 151.7
2002 155.28
2003 159.67
2004 163.66
2005 166.98
2006 170.31
2007 173.5
2008 178.02
2009 182.01
2010 183.87
2011 187.33
2012 193.48
2013 197.94
2014 199.25
2015 199.25
2016 199.43
2017 200.4
2018 202.2
2019 204.4
Today 204.55