Value of 1965 Euro (Luxembourg) today

€100 in 1965
€708.66 in 2024

The inflation rate in Luxembourg between 1965 and today has been 608.66%, which translates into a total increase of €608.66. This means that 100 euro in 1965 are equivalent to 708.66 euro in 2024. In other words, the purchasing power of €100 in 1965 equals €708.66 today. The average annual inflation rate between these periods has been 3.37%.

Inflation timeline in Luxembourg (1965 - 2024)

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 1965-2023 591.14%
Cumulative inflation 1965-today 608.66%
Avg. Annual inflation 1965-2023 3.39%
CPI 1965 17.39
CPI 2023 120.18
CPI 2024-06 (latest official data) 123.12
CPI today 123.22

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 1965 and 2023, use the corresponding CPI values:

Value2023
=Value1965 ×
CPI2023/CPI1965
=€ 100 ×
120.18/17.39
€691.14

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 123.22:

Valuetoday
=Value1965 ×
CPItoday/CPI1965
=€ 100 ×
123.22/17.39
€708.66

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 1965 and 2023 and the average inflation rate was 3.3892%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.033892)58
€691.14

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1965 €6.91 euro in 2023
€5 euro in 1965 €34.56 euro in 2023
€10 euro in 1965 €69.11 euro in 2023
€50 euro in 1965 €345.57 euro in 2023
€100 euro in 1965 €691.14 euro in 2023
€500 euro in 1965 €3,455.68 euro in 2023
€1,000 euro in 1965 €6,911.36 euro in 2023
€5,000 euro in 1965 €34,556.8 euro in 2023
€10,000 euro in 1965 €69,113.6 euro in 2023
€50,000 euro in 1965 €345,568.02 euro in 2023
€100,000 euro in 1965 €691,136.04 euro in 2023
€500,000 euro in 1965 €3,455,680.22 euro in 2023
€1,000,000 euro in 1965 €6,911,360.45 euro in 2023
Cumulative inflation From 1965 608.66%
Avg. annual inflation From 1965 3.37%
CPI 1965 17.39
CPI today 123.22

Value of Euro over time (by year)

Period Value
1965 100
1966 103.33
1967 105.57
1968 108.34
1969 110.83
1970 115.97
1971 121.39
1972 127.73
1973 135.48
1974 148.41
1975 164.31
1976 180.41
1977 192.51
1978 198.47
1979 207.49
1980 220.56
1981 238.37
1982 260.67
1983 283.27
1984 301.5
1985 313.84
1986 314.77
1987 314.59
1988 319.11
1989 329.87
1990 340.6
1991 351.22
1992 362.3
1993 375.3
1994 383.53
1995 390.7
1996 395.32
1997 400.73
1998 404.57
1999 408.72
2000 421.6
2001 432.83
2002 441.8
2003 450.86
2004 460.89
2005 472.36
2006 484.95
2007 496.17
2008 513.05
2009 514.94
2010 526.64
2011 544.61
2012 559.11
2013 568.8
2014 572.38
2015 575.1
2016 576.77
2017 586.75
2018 595.72
2019 606.1
2020 611.07
2021 626.51
2022 666.21
2023 691.14
2024-06 708.06
Today 708.66

All available years

Today's value of euro (Luxembourg) by year:

1955 | 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 | 2022 | 2023 |

Other currencies: