Value of 1967 Euro (Luxembourg) today

€100 in 1967
€667.51 in 2024

The inflation rate in Luxembourg between 1967 and today has been 567.51%, which translates into a total increase of €567.51. This means that 100 euro in 1967 are equivalent to 667.51 euro in 2024. In other words, the purchasing power of €100 in 1967 equals €667.51 today. The average annual inflation rate between these periods has been 3.39%.

Inflation timeline in Luxembourg (1967 - 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 1967-2023 554.67%
Cumulative inflation 1967-today 567.51%
Avg. Annual inflation 1967-2023 3.41%
CPI 1967 18.36
CPI 2023 120.18
CPI 2024-02 (latest official data) 122.33
CPI today 122.53

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 1967 and 2023, use the corresponding CPI values:

Value2023
=Value1967 ×
CPI2023/CPI1967
=€ 100 ×
120.18/18.36
€654.67

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 122.53:

Valuetoday
=Value1967 ×
CPItoday/CPI1967
=€ 100 ×
122.53/18.36
€667.51

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 56 years between 1967 and 2023 and the average inflation rate was 3.4122%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.034122)56
€654.67

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1967 €6.55 euro in 2023
€5 euro in 1967 €32.73 euro in 2023
€10 euro in 1967 €65.47 euro in 2023
€50 euro in 1967 €327.34 euro in 2023
€100 euro in 1967 €654.67 euro in 2023
€500 euro in 1967 €3,273.35 euro in 2023
€1,000 euro in 1967 €6,546.71 euro in 2023
€5,000 euro in 1967 €32,733.53 euro in 2023
€10,000 euro in 1967 €65,467.07 euro in 2023
€50,000 euro in 1967 €327,335.33 euro in 2023
€100,000 euro in 1967 €654,670.66 euro in 2023
€500,000 euro in 1967 €3,273,353.29 euro in 2023
€1,000,000 euro in 1967 €6,546,706.59 euro in 2023
Cumulative inflation From 1967 567.51%
Avg. annual inflation From 1967 3.39%
CPI 1967 18.36
CPI today 122.53

Value of Euro over time (by year)

Period Value
1967 100
1968 102.63
1969 104.98
1970 109.85
1971 114.98
1972 120.99
1973 128.33
1974 140.58
1975 155.64
1976 170.89
1977 182.35
1978 188
1979 196.54
1980 208.92
1981 225.79
1982 246.92
1983 268.32
1984 285.59
1985 297.28
1986 298.16
1987 297.99
1988 302.27
1989 312.46
1990 322.63
1991 332.69
1992 343.18
1993 355.5
1994 363.3
1995 370.08
1996 374.47
1997 379.59
1998 383.22
1999 387.15
2000 399.35
2001 409.99
2002 418.49
2003 427.07
2004 436.58
2005 447.44
2006 459.37
2007 469.99
2008 485.98
2009 487.77
2010 498.86
2011 515.87
2012 529.61
2013 538.79
2014 542.18
2015 544.75
2016 546.34
2017 555.79
2018 564.29
2019 574.12
2020 578.83
2021 593.46
2022 631.06
2023 654.67
2024-02 666.4
Today 667.51

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 | 2022 | 2023 |

Other currencies: