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

€67,728.54 in 2018

The inflation rate in Lithuania between 1991 and 2018 was 67,628.54%, which translates into a total increase of €67,628.54. This means that 100 euro in 1991 are equivalent to 67,728.54 euro in 2018. In other words, the purchasing power of €100 in 1991 equals €67,728.54 in 2018. The average annual inflation rate between these periods was 27.3%.

Inflation timeline in Lithuania (1991 - 2018)

The following chart ilustrates the equivalence of euro (Lithuania) throughout the years due to compound 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.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1991-2018) 67,628.54%
Annual inflation avg. (1991-2018) 27.3%
CPI 1991 0.16
CPI 2018 106.06
€1 in 1991 €677.29 in 2018

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 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, the future value is the amount in 2018 that equals €100 in 1991 in terms of purchasing power. There are 27 years between 1991 and 2018 and the average inflation rate was 27.3044%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.273044)27 = €67,728.544061 ≈ €67,728.54

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 1991 was 0.16 and in 2018 was 106.06. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
106.06/0.16
= €67,728.54

Lithuania inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1991 €677.29 euro in 2018
€5 euro in 1991 €3,386.43 euro in 2018
€10 euro in 1991 €6,772.85 euro in 2018
€50 euro in 1991 €33,864.27 euro in 2018
€100 euro in 1991 €67,728.54 euro in 2018
€500 euro in 1991 €338,642.72 euro in 2018
€1,000 euro in 1991 €677,285.44 euro in 2018
€5,000 euro in 1991 €3,386,427.2 euro in 2018
€10,000 euro in 1991 €6,772,854.41 euro in 2018
€50,000 euro in 1991 €33,864,272.03 euro in 2018
€100,000 euro in 1991 €67,728,544.06 euro in 2018
€500,000 euro in 1991 €338,642,720.31 euro in 2018
€1,000,000 euro in 1991 €677,285,440.61 euro in 2018

Value of Euro in time (by year)

Period Value
1991 100
1992 482.82
1993 6,094.06
1994 17,603.51
1995 25,541.7
1996 34,660.86
1997 39,190.74
1998 42,468.14
1999 43,493.87
2000 43,629.82
2001 44,259.77
2002 45,158.94
2003 44,717.75
2004 44,124.2
2005 45,402.94
2006 46,743.49
2007 48,846.36
2008 52,825.16
2009 57,300.26
2010 58,034.67
2011 60,256.32
2012 62,307.15
2013 64,071.97
2014 64,305.56
2015 64,135.89
2016 64,081.61
2017 65,176.95
2018 67,728.54