Value of 1991 Euro (Italy) today

€100 in 1991
€206.81 in 2022

The inflation rate in Italy between 1991 and today has been 106.81%, which translates into a total increase of €106.81. This means that 100 euro in 1991 are equivalent to 206.81 euro in 2022. In other words, the purchasing power of €100 in 1991 equals €206.81 today. The average annual inflation rate between these periods has been 2.37%.

Inflation timeline in Italy (1991 - 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 1991-2021 89.69%
Cumulative inflation 1991-today 106.81%
Avg. Annual inflation 1991-2021 2.16%
CPI 1991 55.17
CPI 2021 104.66
CPI 2022-07 (latest official data) 113
CPI today 114.1

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 1991 and 2021, use the corresponding CPI values:

Value2021
=Value1991 ×
CPI2021/CPI1991
=€ 100 ×
104.66/55.17
€189.69

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 114.1:

Valuetoday
=Value1991 ×
CPItoday/CPI1991
=€ 100 ×
114.1/55.17
€206.81

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 30 years between 1991 and 2021 and the average inflation rate was 2.157%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.02157)30
€189.69

Italy inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1991 €1.9 euro in 2021
€5 euro in 1991 €9.48 euro in 2021
€10 euro in 1991 €18.97 euro in 2021
€50 euro in 1991 €94.85 euro in 2021
€100 euro in 1991 €189.69 euro in 2021
€500 euro in 1991 €948.45 euro in 2021
€1,000 euro in 1991 €1,896.9 euro in 2021
€5,000 euro in 1991 €9,484.51 euro in 2021
€10,000 euro in 1991 €18,969.03 euro in 2021
€50,000 euro in 1991 €94,845.15 euro in 2021
€100,000 euro in 1991 €189,690.29 euro in 2021
€500,000 euro in 1991 €948,451.47 euro in 2021
€1,000,000 euro in 1991 €1,896,902.94 euro in 2021
Cumulative inflation From 1991 106.81%
Avg. annual inflation From 1991 2.37%
CPI 1991 55.17
CPI today 114.1

Value of Euro over time (by year)

Period Value
1991 100
1992 105.27
1993 110.14
1994 114.6
1995 120.6
1996 125.44
1997 128
1998 130.5
1999 132.67
2000 136.04
2001 139.83
2002 143.28
2003 147.1
2004 150.35
2005 153.34
2006 156.54
2007 159.41
2008 164.74
2009 166.02
2010 168.55
2011 173.24
2012 178.51
2013 180.69
2014 181.12
2015 181.19
2016 181.02
2017 183.24
2018 185.33
2019 186.46
2020 186.2
2021 189.69
2022-07 204.81
Today 206.81

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: