Value of 1992 Euro (Italy) today

€100 in 1992
€191.76 in 2022

The inflation rate in Italy between 1992 and today has been 91.76%, which translates into a total increase of €91.76. This means that 100 euro in 1992 are equivalent to 191.76 euro in 2022. In other words, the purchasing power of €100 in 1992 equals €191.76 today. The average annual inflation rate between these periods has been 2.19%.

Inflation timeline in Italy (1992 - 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 1992-2021 80.19%
Cumulative inflation 1992-today 91.76%
Avg. Annual inflation 1992-2021 2.05%
CPI 1992 58.08
CPI 2021 104.66
CPI 2022-03 (latest official data) 110.4
CPI today 111.38

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 1992 and 2021, use the corresponding CPI values:

Value2021
=Value1992 ×
CPI2021/CPI1992
=€ 100 ×
104.66/58.08
€180.19

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 111.38:

Valuetoday
=Value1992 ×
CPItoday/CPI1992
=€ 100 ×
111.38/58.08
€191.76

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 29 years between 1992 and 2021 and the average inflation rate was 2.0513%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.020513)29
€180.19

Italy inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1992 €1.8 euro in 2021
€5 euro in 1992 €9.01 euro in 2021
€10 euro in 1992 €18.02 euro in 2021
€50 euro in 1992 €90.1 euro in 2021
€100 euro in 1992 €180.19 euro in 2021
€500 euro in 1992 €900.97 euro in 2021
€1,000 euro in 1992 €1,801.93 euro in 2021
€5,000 euro in 1992 €9,009.65 euro in 2021
€10,000 euro in 1992 €18,019.3 euro in 2021
€50,000 euro in 1992 €90,096.52 euro in 2021
€100,000 euro in 1992 €180,193.04 euro in 2021
€500,000 euro in 1992 €900,965.22 euro in 2021
€1,000,000 euro in 1992 €1,801,930.43 euro in 2021
Cumulative inflation From 1992 91.76%
Avg. annual inflation From 1992 2.19%
CPI 1992 58.08
CPI today 111.38

Value of Euro over time (by year)

Period Value
1992 100
1993 104.63
1994 108.87
1995 114.57
1996 119.16
1997 121.59
1998 123.97
1999 126.03
2000 129.23
2001 132.83
2002 136.1
2003 139.74
2004 142.82
2005 145.66
2006 148.7
2007 151.43
2008 156.49
2009 157.71
2010 160.11
2011 164.57
2012 169.57
2013 171.64
2014 172.05
2015 172.12
2016 171.96
2017 174.07
2018 176.05
2019 177.12
2020 176.88
2021 180.19
2022-03 190.08
Today 191.76

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: