Value of 1957 Euro (Luxembourg) today

€100 in 1957
€753.95 in 2022

The inflation rate in Luxembourg between 1957 and today has been 653.95%, which translates into a total increase of €653.95. This means that 100 euro in 1957 are equivalent to 753.95 euro in 2022. In other words, the purchasing power of €100 in 1957 equals €753.95 today. The average annual inflation rate between these periods has been 3.16%.

Inflation timeline in Luxembourg (1957 - 2022)

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 1957-2021 606.55%
Cumulative inflation 1957-today 653.95%
Avg. Annual inflation 1957-2021 3.1%
CPI 1957 15.42
CPI 2021 108.94
CPI 2022-04 (latest official data) 115.72
CPI today 116.25

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 1957 and 2021, use the corresponding CPI values:

Value2021
=Value1957 ×
CPI2021/CPI1957
=€ 100 ×
108.94/15.42
€706.55

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 116.25:

Valuetoday
=Value1957 ×
CPItoday/CPI1957
=€ 100 ×
116.25/15.42
€753.95

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 64 years between 1957 and 2021 and the average inflation rate was 3.1022%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.031022)64
€706.55

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1957 €7.07 euro in 2021
€5 euro in 1957 €35.33 euro in 2021
€10 euro in 1957 €70.65 euro in 2021
€50 euro in 1957 €353.27 euro in 2021
€100 euro in 1957 €706.55 euro in 2021
€500 euro in 1957 €3,532.74 euro in 2021
€1,000 euro in 1957 €7,065.48 euro in 2021
€5,000 euro in 1957 €35,327.38 euro in 2021
€10,000 euro in 1957 €70,654.75 euro in 2021
€50,000 euro in 1957 €353,273.77 euro in 2021
€100,000 euro in 1957 €706,547.55 euro in 2021
€500,000 euro in 1957 €3,532,737.74 euro in 2021
€1,000,000 euro in 1957 €7,065,475.48 euro in 2021
Cumulative inflation From 1957 653.95%
Avg. annual inflation From 1957 3.16%
CPI 1957 15.42
CPI today 116.25

Value of Euro over time (by year)

Period Value
1957 100
1958 100.65
1959 101.04
1960 101.5
1961 101.98
1962 102.9
1963 105.86
1964 109.14
1965 112.77
1966 116.53
1967 119.06
1968 122.18
1969 124.99
1970 130.78
1971 136.89
1972 144.05
1973 152.79
1974 167.37
1975 185.3
1976 203.46
1977 217.1
1978 223.82
1979 234
1980 248.74
1981 268.82
1982 293.97
1983 319.46
1984 340.02
1985 353.93
1986 354.98
1987 354.78
1988 359.87
1989 372
1990 384.11
1991 396.09
1992 408.58
1993 423.24
1994 432.53
1995 440.61
1996 445.82
1997 451.92
1998 456.25
1999 460.93
2000 475.45
2001 488.12
2002 498.24
2003 508.45
2004 519.77
2005 532.7
2006 546.9
2007 559.55
2008 578.59
2009 580.72
2010 593.92
2011 614.18
2012 630.53
2013 641.46
2014 645.5
2015 648.56
2016 650.45
2017 661.71
2018 671.82
2019 683.53
2020 689.13
2021 706.55
2022-04 750.51
Today 753.95

All available years

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

1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 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 |

Other currencies: