Inflation calculator - Euro (Lithuania)

This tool is useful to calculate the time value of money based on historical inflation and CPI values. To start, select an amount and two years, or browse the default calculation results.

€100 in 1991
€43,932.62 in 2023

The inflation rate in Lithuania between 1991 and 2023 was 43,832.62%, which translates into a total increase of €43,832.62. This means that 100 euro in 1991 are equivalent to 43,932.62 euro in 2023. In other words, the purchasing power of €100 in 1991 equals €43,932.62 in 2023. The average annual inflation rate between these periods was 20.94%.

Inflation timeline in Lithuania (1991 - 2023)

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.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 1991 to 2023 43,832.62%
Avg. Annual inflation from 1991 to 2023 20.94%
CPI 1991 0.35
CPI 2023 152.21

How to calculate the time value of money with inflation data?

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 2023, use the corresponding CPI values:

Value2023
=Value1991 ×
CPI2023/CPI1991
=€ 100 ×
152.21/0.35
€43,932.62

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 32 years between 1991 and 2023 and the average inflation rate was 20.9448%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.209448)32
€43,932.62

Lithuania inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1991 €439.33 euro in 2023
€5 euro in 1991 €2,196.63 euro in 2023
€10 euro in 1991 €4,393.26 euro in 2023
€50 euro in 1991 €21,966.31 euro in 2023
€100 euro in 1991 €43,932.62 euro in 2023
€500 euro in 1991 €219,663.09 euro in 2023
€1,000 euro in 1991 €439,326.18 euro in 2023
€5,000 euro in 1991 €2,196,630.88 euro in 2023
€10,000 euro in 1991 €4,393,261.76 euro in 2023
€50,000 euro in 1991 €21,966,308.79 euro in 2023
€100,000 euro in 1991 €43,932,617.58 euro in 2023
€500,000 euro in 1991 €219,663,087.88 euro in 2023
€1,000,000 euro in 1991 €439,326,175.76 euro in 2023
 Cumulative inflation 1991-2023 43,832.62% Avg. annual inflation 1991-2023 20.94% CPI 1991 0.35 CPI 2023 152.21

Value of Euro over time (by year)

Period Value
1991 100
1992 1,120.62
1993 5,720.23
1994 9,853.36
1995 13,759.99
1996 17,148.41
1997 18,671.37
1998 19,617.55
1999 19,760.28
2000 19,954.25
2001 20,227.05
2002 20,283.99
2003 20,053.91
2004 20,287.35
2005 20,826.69
2006 21,605.42
2007 22,844.97
2008 25,340.98
2009 26,469.42
2010 26,818.61
2011 27,926.3
2012 28,789.21
2013 29,090.77
2014 29,120.96
2015 28,863.5
2016 29,124.86
2017 30,209.15
2018 31,024.17
2019 31,748.44
2020 32,129.38
2021 33,634.18
2022 40,261.82
2023 43,932.62

All available years

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

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: