Value of 1957 Euro (Luxembourg) today

€100 in 1957

€692.17 in 2019

The inflation rate in Luxembourg between 1957 and today has been 592.17%, which translates into a total increase of €592.17. This means that 100 euro in 1957 are equivalent to 692.17 euro in 2019. In other words, the purchasing power of €100 in 1957 equals €692.17 today. The average annual inflation rate has been 3.12%.

Inflation timeline in Luxembourg (1957-2019)

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 (1957-2019) 591.27%
Total Inflation* 592.17%
Annual inflation avg. (1957-2019) 3.17%
Annual inflation avg.* 3.12%
CPI 1957 15.09
CPI 2019 104.32
CPI today* 104.46
€1 in 1957 €6.91 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 62 years between 1957 and 2019 and the average inflation rate has been 3.1185%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)62 = €691.27

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 1957 was 15.09 and the CPI today is 104.46. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.32/15.09
= €691.27

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1957 €6.92 euro today
€5 euro in 1957 €34.61 euro today
€10 euro in 1957 €69.22 euro today
€50 euro in 1957 €346.08 euro today
€100 euro in 1957 €692.17 euro today
€500 euro in 1957 €3,460.84 euro today
€1,000 euro in 1957 €6,921.68 euro today
€5,000 euro in 1957 €34,608.39 euro today
€10,000 euro in 1957 €69,216.78 euro today
€50,000 euro in 1957 €346,083.9 euro today
€100,000 euro in 1957 €692,167.81 euro today
€500,000 euro in 1957 €3,460,839.03 euro today
€1,000,000 euro in 1957 €6,921,678.05 euro today

Value of Euro in time (by year)

Period Value
1957 100
1958 103.7
1959 103.24
1960 103.73
1961 104.44
1962 104.85
1963 105.72
1964 109.86
1965 112.99
1966 117.95
1967 119.77
1968 123.43
1969 126.26
1970 129.82
1971 135.45
1972 142.91
1973 151.31
1974 160.6
1975 178.65
1976 198.1
1977 214.88
1978 224.19
1979 231.75
1980 245.62
1981 262.8
1982 283.93
1983 313.53
1984 338.69
1985 352.53
1986 367.12
1987 361.9
1988 364.27
1989 371.25
1990 385.77
1991 400.26
1992 410.7
1993 422.59
1994 437.86
1995 446.65
1996 452.27
1997 458.29
1998 465.03
1999 466.9
2000 477.97
2001 494.55
2002 503.06
2003 514.32
2004 524.93
2005 536.23
2006 549.53
2007 562.32
2008 581.21
2009 587.57
2010 598.1
2011 614.67
2012 634.22
2013 648.93
2014 658.94
2015 654.89
2016 662.05
2017 669.54
2018 678.62
2019 691.27
Today 692.17