Value of 1959 Euro (Luxembourg) today

€100 in 1959
€746.04 in 2022

The inflation rate in Luxembourg between 1959 and today has been 646.04%, which translates into a total increase of €646.04. This means that 100 euro in 1959 are equivalent to 746.04 euro in 2022. In other words, the purchasing power of €100 in 1959 equals €746.04 today. The average annual inflation rate between these periods has been 3.24%.

Inflation timeline in Luxembourg (1959 - 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 1959-2021 599.27%
Cumulative inflation 1959-today 646.04%
Avg. Annual inflation 1959-2021 3.19%
CPI 1959 15.58
CPI 2021 108.94
CPI 2022-04 (latest official data) 115.72
CPI today 116.23

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 1959 and 2021, use the corresponding CPI values:

Value2021
=Value1959 ×
CPI2021/CPI1959
=€ 100 ×
108.94/15.58
€699.27

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 116.23:

Valuetoday
=Value1959 ×
CPItoday/CPI1959
=€ 100 ×
116.23/15.58
€746.04

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 62 years between 1959 and 2021 and the average inflation rate was 3.1866%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.031866)62
€699.27

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1959 €6.99 euro in 2021
€5 euro in 1959 €34.96 euro in 2021
€10 euro in 1959 €69.93 euro in 2021
€50 euro in 1959 €349.63 euro in 2021
€100 euro in 1959 €699.27 euro in 2021
€500 euro in 1959 €3,496.34 euro in 2021
€1,000 euro in 1959 €6,992.68 euro in 2021
€5,000 euro in 1959 €34,963.41 euro in 2021
€10,000 euro in 1959 €69,926.81 euro in 2021
€50,000 euro in 1959 €349,634.06 euro in 2021
€100,000 euro in 1959 €699,268.13 euro in 2021
€500,000 euro in 1959 €3,496,340.65 euro in 2021
€1,000,000 euro in 1959 €6,992,681.3 euro in 2021
Cumulative inflation From 1959 646.04%
Avg. annual inflation From 1959 3.24%
CPI 1959 15.58
CPI today 116.23

Value of Euro over time (by year)

Period Value
1959 100
1960 100.45
1961 100.93
1962 101.84
1963 104.77
1964 108.01
1965 111.61
1966 115.33
1967 117.83
1968 120.92
1969 123.7
1970 129.44
1971 135.48
1972 142.56
1973 151.21
1974 165.64
1975 183.39
1976 201.36
1977 214.86
1978 221.51
1979 231.58
1980 246.17
1981 266.05
1982 290.94
1983 316.16
1984 336.51
1985 350.29
1986 351.32
1987 351.12
1988 356.16
1989 368.17
1990 380.15
1991 392.01
1992 404.37
1993 418.88
1994 428.07
1995 436.07
1996 441.23
1997 447.26
1998 451.55
1999 456.18
2000 470.55
2001 483.09
2002 493.11
2003 503.22
2004 514.42
2005 527.21
2006 541.27
2007 553.79
2008 572.63
2009 574.73
2010 587.8
2011 607.85
2012 624.03
2013 634.86
2014 638.85
2015 641.88
2016 643.75
2017 654.89
2018 664.9
2019 676.49
2020 682.03
2021 699.27
2022-04 742.78
Today 746.04

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: