Value of 1991 Euro (Lithuania) today

€100 in 1991

€69,449.51 in 2018

The inflation rate in Lithuania between 1991 and today has been 69,349.51%, which translates into a total increase of €69,349.51. This means that 100 euro in 1991 are equivalent to 69,449.51 euro in 2018. In other words, the purchasing power of €100 in 1991 equals €69,449.51 today. The average annual inflation rate has been 26.32%.

Inflation timeline in Lithuania (1991-2018)

The following chart ilustrates the equivalence of €100 throughout the years due to 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. 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 (1991-2018) 67,628.54%
Total Inflation* 69,349.51%
Annual inflation avg. (1991-2018) 27.3%
Annual inflation avg.* 26.32%
CPI 1991 0.16
CPI 2018 106.06
CPI today* 108.76
€1 in 1991 €677.29 in 2018

* 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 27 years between 1991 and 2018 and the average inflation rate has been 26.3247%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.26)27 = €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 the CPI today is 108.76. 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 €694.5 euro today
€5 euro in 1991 €3,472.48 euro today
€10 euro in 1991 €6,944.95 euro today
€50 euro in 1991 €34,724.76 euro today
€100 euro in 1991 €69,449.51 euro today
€500 euro in 1991 €347,247.57 euro today
€1,000 euro in 1991 €694,495.15 euro today
€5,000 euro in 1991 €3,472,475.75 euro today
€10,000 euro in 1991 €6,944,951.49 euro today
€50,000 euro in 1991 €34,724,757.47 euro today
€100,000 euro in 1991 €69,449,514.95 euro today
€500,000 euro in 1991 €347,247,574.74 euro today
€1,000,000 euro in 1991 €694,495,149.47 euro today

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
Today 69,449.51