Value of 1963 Euro (Luxembourg) today

€100 in 1963
€712.22 in 2022

The inflation rate in Luxembourg between 1963 and today has been 612.22%, which translates into a total increase of €612.22. This means that 100 euro in 1963 are equivalent to 712.22 euro in 2022. In other words, the purchasing power of €100 in 1963 equals €712.22 today. The average annual inflation rate between these periods has been 3.38%.

Inflation timeline in Luxembourg (1963 - 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 1963-2021 567.45%
Cumulative inflation 1963-today 612.22%
Avg. Annual inflation 1963-2021 3.33%
CPI 1963 16.32
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 1963 and 2021, use the corresponding CPI values:

Value2021
=Value1963 ×
CPI2021/CPI1963
=€ 100 ×
108.94/16.32
€667.45

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

Valuetoday
=Value1963 ×
CPItoday/CPI1963
=€ 100 ×
116.25/16.32
€712.22

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 58 years between 1963 and 2021 and the average inflation rate was 3.3271%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.033271)58
€667.45

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1963 €6.67 euro in 2021
€5 euro in 1963 €33.37 euro in 2021
€10 euro in 1963 €66.74 euro in 2021
€50 euro in 1963 €333.72 euro in 2021
€100 euro in 1963 €667.45 euro in 2021
€500 euro in 1963 €3,337.23 euro in 2021
€1,000 euro in 1963 €6,674.46 euro in 2021
€5,000 euro in 1963 €33,372.3 euro in 2021
€10,000 euro in 1963 €66,744.6 euro in 2021
€50,000 euro in 1963 €333,722.99 euro in 2021
€100,000 euro in 1963 €667,445.98 euro in 2021
€500,000 euro in 1963 €3,337,229.91 euro in 2021
€1,000,000 euro in 1963 €6,674,459.81 euro in 2021
Cumulative inflation From 1963 612.22%
Avg. annual inflation From 1963 3.38%
CPI 1963 16.32
CPI today 116.25

Value of Euro over time (by year)

Period Value
1963 100
1964 103.1
1965 106.53
1966 110.08
1967 112.47
1968 115.42
1969 118.07
1970 123.55
1971 129.32
1972 136.08
1973 144.33
1974 158.1
1975 175.05
1976 192.2
1977 205.09
1978 211.43
1979 221.05
1980 234.97
1981 253.94
1982 277.7
1983 301.78
1984 321.2
1985 334.35
1986 335.33
1987 335.14
1988 339.96
1989 351.42
1990 362.85
1991 374.17
1992 385.97
1993 399.82
1994 408.59
1995 416.22
1996 421.15
1997 426.91
1998 431
1999 435.42
2000 449.14
2001 461.1
2002 470.67
2003 480.32
2004 491.01
2005 503.22
2006 516.64
2007 528.58
2008 546.57
2009 548.58
2010 561.05
2011 580.19
2012 595.64
2013 605.96
2014 609.77
2015 612.67
2016 614.45
2017 625.09
2018 634.64
2019 645.7
2020 651
2021 667.45
2022-04 708.98
Today 712.22

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: