Value of 2000 Euro (Italy) today

€100 in 2000

€138.46 in 2019

The inflation rate in Italy between 2000 and today has been 38.46%, which translates into a total increase of €38.46. This means that 100 euro in 2000 are equivalent to 138.46 euro in 2019. In other words, the purchasing power of €100 in 2000 equals €138.46 today. The average annual inflation rate has been 1.64%.

Inflation timeline in Italy (2000-2019)

The following chart depicts the equivalence of €100 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (2000-2019) 38.38%
Total Inflation* 38.46%
Annual inflation avg. (2000-2019) 1.72%
Annual inflation avg.* 1.64%
CPI 2000 73.93
CPI 2019 102.3
CPI today* 102.36
€1 in 2000 €1.38 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 19 years between 2000 and 2019 and the average inflation rate has been 1.6405%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)19 = €138.38

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 2000 was 73.93 and the CPI today is 102.36. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
102.3/73.93
= €138.38

Italy inflation - Conversion table

Initial Value Equivalent value
€1 euro in 2000 €1.38 euro today
€5 euro in 2000 €6.92 euro today
€10 euro in 2000 €13.85 euro today
€50 euro in 2000 €69.23 euro today
€100 euro in 2000 €138.46 euro today
€500 euro in 2000 €692.32 euro today
€1,000 euro in 2000 €1,384.65 euro today
€5,000 euro in 2000 €6,923.24 euro today
€10,000 euro in 2000 €13,846.48 euro today
€50,000 euro in 2000 €69,232.4 euro today
€100,000 euro in 2000 €138,464.8 euro today
€500,000 euro in 2000 €692,323.98 euro today
€1,000,000 euro in 2000 €1,384,647.95 euro today

Value of Euro in time (by year)

Period Value
2000 100
2001 102.7
2002 105.13
2003 108.1
2004 110.8
2005 113.05
2006 115.3
2007 117.46
2008 120.52
2009 123.22
2010 124.48
2011 126.82
2012 130.99
2013 134.01
2014 134.89
2015 134.89
2016 135.02
2017 135.68
2018 136.89
2019 138.38
Today 138.46