Value of 1961 Euro (Luxembourg) today

€100 in 1961
€739.28 in 2022

The inflation rate in Luxembourg between 1961 and today has been 639.28%, which translates into a total increase of €639.28. This means that 100 euro in 1961 are equivalent to 739.28 euro in 2022. In other words, the purchasing power of €100 in 1961 equals €739.28 today. The average annual inflation rate between these periods has been 3.33%.

Inflation timeline in Luxembourg (1961 - 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 1961-2021 592.8%
Cumulative inflation 1961-today 639.28%
Avg. Annual inflation 1961-2021 3.28%
CPI 1961 15.72
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 1961 and 2021, use the corresponding CPI values:

Value2021
=Value1961 ×
CPI2021/CPI1961
=€ 100 ×
108.94/15.72
€692.8

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

Valuetoday
=Value1961 ×
CPItoday/CPI1961
=€ 100 ×
116.25/15.72
€739.28

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 60 years between 1961 and 2021 and the average inflation rate was 3.2785%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.032785)60
€692.8

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1961 €6.93 euro in 2021
€5 euro in 1961 €34.64 euro in 2021
€10 euro in 1961 €69.28 euro in 2021
€50 euro in 1961 €346.4 euro in 2021
€100 euro in 1961 €692.8 euro in 2021
€500 euro in 1961 €3,463.98 euro in 2021
€1,000 euro in 1961 €6,927.96 euro in 2021
€5,000 euro in 1961 €34,639.8 euro in 2021
€10,000 euro in 1961 €69,279.61 euro in 2021
€50,000 euro in 1961 €346,398.05 euro in 2021
€100,000 euro in 1961 €692,796.09 euro in 2021
€500,000 euro in 1961 €3,463,980.46 euro in 2021
€1,000,000 euro in 1961 €6,927,960.93 euro in 2021
Cumulative inflation From 1961 639.28%
Avg. annual inflation From 1961 3.33%
CPI 1961 15.72
CPI today 116.25

Value of Euro over time (by year)

Period Value
1961 100
1962 100.9
1963 103.8
1964 107.01
1965 110.58
1966 114.26
1967 116.74
1968 119.8
1969 122.55
1970 128.24
1971 134.23
1972 141.24
1973 149.81
1974 164.11
1975 181.7
1976 199.5
1977 212.88
1978 219.46
1979 229.44
1980 243.9
1981 263.59
1982 288.25
1983 313.24
1984 333.4
1985 347.05
1986 348.07
1987 347.87
1988 352.87
1989 364.76
1990 376.63
1991 388.38
1992 400.63
1993 415
1994 424.11
1995 432.03
1996 437.15
1997 443.12
1998 447.37
1999 451.96
2000 466.2
2001 478.62
2002 488.54
2003 498.56
2004 509.65
2005 522.33
2006 536.26
2007 548.66
2008 567.33
2009 569.41
2010 582.36
2011 602.22
2012 618.26
2013 628.98
2014 632.93
2015 635.94
2016 637.79
2017 648.83
2018 658.74
2019 670.23
2020 675.72
2021 692.8
2022-04 735.91
Today 739.28

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: