Value of 2006 Euro (Lithuania) today

€100 in 2006
€203.68 in 2023

The inflation rate in Lithuania between 2006 and today has been 103.68%, which translates into a total increase of €103.68. This means that 100 euro in 2006 are equivalent to 203.68 euro in 2023. In other words, the purchasing power of €100 in 2006 equals €203.68 today. The average annual inflation rate between these periods has been 4.27%.

Inflation timeline in Lithuania (2006 - 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. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 2006-2022 86.35%
Cumulative inflation 2006-today 103.68%
Avg. Annual inflation 2006-2022 3.97%
CPI 2006 74.85
CPI 2022 139.49
CPI 2022-12 (latest official data) 149.79
CPI today 152.46

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 2006 and 2022, use the corresponding CPI values:

Value2022
=Value2006 ×
CPI2022/CPI2006
=€ 100 ×
139.49/74.85
€186.35

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 152.46:

Valuetoday
=Value2006 ×
CPItoday/CPI2006
=€ 100 ×
152.46/74.85
€203.68

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 16 years between 2006 and 2022 and the average inflation rate was 3.967%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=€100 × (1 + 0.03967)16
€186.35

Lithuania inflation - Conversion table

Initial Value Equivalent value
€1 euro in 2006 €1.86 euro in 2022
€5 euro in 2006 €9.32 euro in 2022
€10 euro in 2006 €18.64 euro in 2022
€50 euro in 2006 €93.18 euro in 2022
€100 euro in 2006 €186.35 euro in 2022
€500 euro in 2006 €931.75 euro in 2022
€1,000 euro in 2006 €1,863.51 euro in 2022
€5,000 euro in 2006 €9,317.53 euro in 2022
€10,000 euro in 2006 €18,635.05 euro in 2022
€50,000 euro in 2006 €93,175.25 euro in 2022
€100,000 euro in 2006 €186,350.51 euro in 2022
€500,000 euro in 2006 €931,752.54 euro in 2022
€1,000,000 euro in 2006 €1,863,505.09 euro in 2022
Cumulative inflation From 2006 103.68%
Avg. annual inflation From 2006 4.27%
CPI 2006 74.85
CPI today 152.46

Value of Euro over time (by year)

Period Value
2006 100
2007 105.74
2008 117.29
2009 122.51
2010 124.13
2011 129.26
2012 133.25
2013 134.65
2014 134.79
2015 133.59
2016 134.8
2017 139.82
2018 143.59
2019 146.95
2020 148.71
2021 155.67
2022 186.35
2022-12 200.11
Today 203.68

All available years

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

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 |

Other currencies: