Value of 1958 Euro (Luxembourg) today

€100 in 1958
€756.71 in 2022

The inflation rate in Luxembourg between 1958 and today has been 656.71%, which translates into a total increase of €656.71. This means that 100 euro in 1958 are equivalent to 756.71 euro in 2022. In other words, the purchasing power of €100 in 1958 equals €756.71 today. The average annual inflation rate between these periods has been 3.21%.

Inflation timeline in Luxembourg (1958 - 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 1958-2021 601.97%
Cumulative inflation 1958-today 656.71%
Avg. Annual inflation 1958-2021 3.14%
CPI 1958 15.52
CPI 2021 108.94
CPI 2022-08 (latest official data) 116.7
CPI today 117.43

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 1958 and 2021, use the corresponding CPI values:

Value2021
=Value1958 ×
CPI2021/CPI1958
=€ 100 ×
108.94/15.52
€701.97

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 117.43:

Valuetoday
=Value1958 ×
CPItoday/CPI1958
=€ 100 ×
117.43/15.52
€756.71

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 63 years between 1958 and 2021 and the average inflation rate was 3.1416%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.031416)63
€701.97

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1958 €7.02 euro in 2021
€5 euro in 1958 €35.1 euro in 2021
€10 euro in 1958 €70.2 euro in 2021
€50 euro in 1958 €350.99 euro in 2021
€100 euro in 1958 €701.97 euro in 2021
€500 euro in 1958 €3,509.87 euro in 2021
€1,000 euro in 1958 €7,019.73 euro in 2021
€5,000 euro in 1958 €35,098.67 euro in 2021
€10,000 euro in 1958 €70,197.34 euro in 2021
€50,000 euro in 1958 €350,986.71 euro in 2021
€100,000 euro in 1958 €701,973.42 euro in 2021
€500,000 euro in 1958 €3,509,867.12 euro in 2021
€1,000,000 euro in 1958 €7,019,734.24 euro in 2021
Cumulative inflation From 1958 656.71%
Avg. annual inflation From 1958 3.21%
CPI 1958 15.52
CPI today 117.43

Value of Euro over time (by year)

Period Value
1958 100
1959 100.39
1960 100.84
1961 101.32
1962 102.23
1963 105.17
1964 108.43
1965 112.04
1966 115.78
1967 118.29
1968 121.39
1969 124.18
1970 129.94
1971 136.01
1972 143.12
1973 151.8
1974 166.28
1975 184.1
1976 202.14
1977 215.7
1978 222.37
1979 232.48
1980 247.13
1981 267.08
1982 292.07
1983 317.39
1984 337.81
1985 351.64
1986 352.68
1987 352.48
1988 357.54
1989 369.6
1990 381.62
1991 393.52
1992 405.93
1993 420.5
1994 429.73
1995 437.75
1996 442.94
1997 448.99
1998 453.3
1999 457.94
2000 472.37
2001 484.96
2002 495.02
2003 505.16
2004 516.41
2005 529.25
2006 543.36
2007 555.93
2008 574.84
2009 576.96
2010 590.07
2011 610.2
2012 626.45
2013 637.31
2014 641.32
2015 644.36
2016 646.24
2017 657.42
2018 667.47
2019 679.1
2020 684.67
2021 701.97
2022-08 751.97
Today 756.71

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: