Value of 1968 Euro (Luxembourg) today

€100 in 1968
€622.91 in 2022

The inflation rate in Luxembourg between 1968 and today has been 522.91%, which translates into a total increase of €522.91. This means that 100 euro in 1968 are equivalent to 622.91 euro in 2022. In other words, the purchasing power of €100 in 1968 equals €622.91 today. The average annual inflation rate between these periods has been 3.45%.

Inflation timeline in Luxembourg (1968 - 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 1968-2021 478.28%
Cumulative inflation 1968-today 522.91%
Avg. Annual inflation 1968-2021 3.37%
CPI 1968 18.84
CPI 2021 108.94
CPI 2022-08 (latest official data) 116.7
CPI today 117.35

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 1968 and 2021, use the corresponding CPI values:

Value2021
=Value1968 ×
CPI2021/CPI1968
=€ 100 ×
108.94/18.84
€578.28

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 117.35:

Valuetoday
=Value1968 ×
CPItoday/CPI1968
=€ 100 ×
117.35/18.84
€622.91

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 53 years between 1968 and 2021 and the average inflation rate was 3.3665%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.033665)53
€578.28

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1968 €5.78 euro in 2021
€5 euro in 1968 €28.91 euro in 2021
€10 euro in 1968 €57.83 euro in 2021
€50 euro in 1968 €289.14 euro in 2021
€100 euro in 1968 €578.28 euro in 2021
€500 euro in 1968 €2,891.38 euro in 2021
€1,000 euro in 1968 €5,782.76 euro in 2021
€5,000 euro in 1968 €28,913.82 euro in 2021
€10,000 euro in 1968 €57,827.64 euro in 2021
€50,000 euro in 1968 €289,138.21 euro in 2021
€100,000 euro in 1968 €578,276.42 euro in 2021
€500,000 euro in 1968 €2,891,382.08 euro in 2021
€1,000,000 euro in 1968 €5,782,764.16 euro in 2021
Cumulative inflation From 1968 522.91%
Avg. annual inflation From 1968 3.45%
CPI 1968 18.84
CPI today 117.35

Value of Euro over time (by year)

Period Value
1968 100
1969 102.29
1970 107.04
1971 112.04
1972 117.9
1973 125.05
1974 136.98
1975 151.66
1976 166.52
1977 177.69
1978 183.19
1979 191.51
1980 203.58
1981 220.01
1982 240.6
1983 261.46
1984 278.29
1985 289.68
1986 290.53
1987 290.37
1988 294.54
1989 304.47
1990 314.37
1991 324.18
1992 334.4
1993 346.4
1994 354
1995 360.62
1996 364.89
1997 369.88
1998 373.42
1999 377.25
2000 389.14
2001 399.5
2002 407.79
2003 416.15
2004 425.41
2005 435.99
2006 447.62
2007 457.97
2008 473.55
2009 475.29
2010 486.1
2011 502.67
2012 516.06
2013 525.01
2014 528.31
2015 530.82
2016 532.36
2017 541.58
2018 549.85
2019 559.44
2020 564.02
2021 578.28
2022-08 619.46
Today 622.91

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: