Value of 1964 Euro (Luxembourg) today

€100 in 1964

€629.96 in 2019

The inflation rate in Luxembourg between 1964 and today has been 529.96%, which translates into a total increase of €529.96. This means that 100 euro in 1964 are equivalent to 629.96 euro in 2019. In other words, the purchasing power of €100 in 1964 equals €629.96 today. The average annual inflation rate has been 3.34%.

Inflation timeline in Luxembourg (1964-2019)

The following chart depicts the equivalence of €100 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1964-2019) 529.21%
Total Inflation* 529.96%
Annual inflation avg. (1964-2019) 3.4%
Annual inflation avg.* 3.34%
CPI 1964 16.58
CPI 2019 104.32
CPI today* 104.44
€1 in 1964 €6.29 in 2019

* Values extrapolated from the last official data to obtain today's values.

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 compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 55 years between 1964 and 2019 and the average inflation rate has been 3.3412%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)55 = €629.21

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1964 was 16.58 and the CPI today is 104.44. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.32/16.58
= €629.21

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1964 €6.3 euro today
€5 euro in 1964 €31.5 euro today
€10 euro in 1964 €63 euro today
€50 euro in 1964 €314.98 euro today
€100 euro in 1964 €629.96 euro today
€500 euro in 1964 €3,149.79 euro today
€1,000 euro in 1964 €6,299.59 euro today
€5,000 euro in 1964 €31,497.95 euro today
€10,000 euro in 1964 €62,995.9 euro today
€50,000 euro in 1964 €314,979.5 euro today
€100,000 euro in 1964 €629,959 euro today
€500,000 euro in 1964 €3,149,794.98 euro today
€1,000,000 euro in 1964 €6,299,589.96 euro today

Value of Euro in time (by year)

Period Value
1964 100
1965 102.85
1966 107.36
1967 109.02
1968 112.35
1969 114.93
1970 118.17
1971 123.28
1972 130.08
1973 137.73
1974 146.18
1975 162.61
1976 180.32
1977 195.59
1978 204.06
1979 210.94
1980 223.57
1981 239.21
1982 258.44
1983 285.39
1984 308.28
1985 320.88
1986 334.16
1987 329.41
1988 331.56
1989 337.92
1990 351.13
1991 364.33
1992 373.83
1993 384.65
1994 398.55
1995 406.55
1996 411.67
1997 417.14
1998 423.28
1999 424.98
2000 435.05
2001 450.15
2002 457.9
2003 468.14
2004 477.8
2005 488.08
2006 500.19
2007 511.84
2008 529.03
2009 534.82
2010 544.41
2011 559.48
2012 577.28
2013 590.67
2014 599.78
2015 596.1
2016 602.61
2017 609.43
2018 617.69
2019 629.21
Today 629.96