Value of 1967 Euro (Luxembourg) today

€100 in 1967

€577.86 in 2019

The inflation rate in Luxembourg between 1967 and today has been 477.86%, which translates into a total increase of €477.86. This means that 100 euro in 1967 are equivalent to 577.86 euro in 2019. In other words, the purchasing power of €100 in 1967 equals €577.86 today. The average annual inflation rate has been 3.37%.

Inflation timeline in Luxembourg (1967-2019)

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 (1967-2019) 477.14%
Total Inflation* 477.86%
Annual inflation avg. (1967-2019) 3.43%
Annual inflation avg.* 3.37%
CPI 1967 18.08
CPI 2019 104.32
CPI today* 104.45
€1 in 1967 €5.77 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 52 years between 1967 and 2019 and the average inflation rate has been 3.3651%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)52 = €577.14

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 1967 was 18.08 and the CPI today is 104.45. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.32/18.08
= €577.14

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1967 €5.78 euro today
€5 euro in 1967 €28.89 euro today
€10 euro in 1967 €57.79 euro today
€50 euro in 1967 €288.93 euro today
€100 euro in 1967 €577.86 euro today
€500 euro in 1967 €2,889.3 euro today
€1,000 euro in 1967 €5,778.61 euro today
€5,000 euro in 1967 €28,893.03 euro today
€10,000 euro in 1967 €57,786.07 euro today
€50,000 euro in 1967 €288,930.35 euro today
€100,000 euro in 1967 €577,860.7 euro today
€500,000 euro in 1967 €2,889,303.49 euro today
€1,000,000 euro in 1967 €5,778,606.99 euro today

Value of Euro in time (by year)

Period Value
1967 100
1968 103.05
1969 105.42
1970 108.39
1971 113.08
1972 119.32
1973 126.33
1974 134.08
1975 149.16
1976 165.4
1977 179.4
1978 187.18
1979 193.49
1980 205.07
1981 219.41
1982 237.06
1983 261.77
1984 282.77
1985 294.32
1986 306.5
1987 302.15
1988 304.13
1989 309.96
1990 322.08
1991 334.18
1992 342.9
1993 352.82
1994 365.57
1995 372.91
1996 377.6
1997 382.62
1998 388.25
1999 389.81
2000 399.05
2001 412.9
2002 420.01
2003 429.4
2004 438.26
2005 447.69
2006 458.8
2007 469.48
2008 485.25
2009 490.56
2010 499.36
2011 513.19
2012 529.51
2013 541.79
2014 550.14
2015 546.77
2016 552.75
2017 559
2018 566.58
2019 577.14
Today 577.86