Value of 1969 Euro (Luxembourg) today

€100 in 1969
€640.67 in 2024

The inflation rate in Luxembourg between 1969 and today has been 540.67%, which translates into a total increase of €540.67. This means that 100 euro in 1969 are equivalent to 640.67 euro in 2024. In other words, the purchasing power of €100 in 1969 equals €640.67 today. The average annual inflation rate between these periods has been 3.43%.

Inflation timeline in Luxembourg (1969 - 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 1969-2023 523.61%
Cumulative inflation 1969-today 540.67%
Avg. Annual inflation 1969-2023 3.45%
CPI 1969 19.27
CPI 2023 120.18
CPI 2024-09 (latest official data) 123.3
CPI today 123.46

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 1969 and 2023, use the corresponding CPI values:

Value2023
=Value1969 ×
CPI2023/CPI1969
=€ 100 ×
120.18/19.27
€623.61

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 123.46:

Valuetoday
=Value1969 ×
CPItoday/CPI1969
=€ 100 ×
123.46/19.27
€640.67

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 54 years between 1969 and 2023 and the average inflation rate was 3.4477%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.034477)54
€623.61

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1969 €6.24 euro in 2023
€5 euro in 1969 €31.18 euro in 2023
€10 euro in 1969 €62.36 euro in 2023
€50 euro in 1969 €311.81 euro in 2023
€100 euro in 1969 €623.61 euro in 2023
€500 euro in 1969 €3,118.07 euro in 2023
€1,000 euro in 1969 €6,236.14 euro in 2023
€5,000 euro in 1969 €31,180.71 euro in 2023
€10,000 euro in 1969 €62,361.42 euro in 2023
€50,000 euro in 1969 €311,807.09 euro in 2023
€100,000 euro in 1969 €623,614.18 euro in 2023
€500,000 euro in 1969 €3,118,070.92 euro in 2023
€1,000,000 euro in 1969 €6,236,141.83 euro in 2023
Cumulative inflation From 1969 540.67%
Avg. annual inflation From 1969 3.43%
CPI 1969 19.27
CPI today 123.46

Value of Euro over time (by year)

Period Value
1969 100
1970 104.64
1971 109.53
1972 115.25
1973 122.25
1974 133.91
1975 148.26
1976 162.79
1977 173.7
1978 179.08
1979 187.22
1980 199.01
1981 215.08
1982 235.2
1983 255.6
1984 272.05
1985 283.18
1986 284.02
1987 283.85
1988 287.93
1989 297.64
1990 307.32
1991 316.91
1992 326.9
1993 338.63
1994 346.06
1995 352.53
1996 356.7
1997 361.58
1998 365.04
1999 368.79
2000 380.41
2001 390.54
2002 398.64
2003 406.81
2004 415.87
2005 426.21
2006 437.58
2007 447.69
2008 462.92
2009 464.63
2010 475.19
2011 491.4
2012 504.49
2013 513.23
2014 516.46
2015 518.91
2016 520.42
2017 529.43
2018 537.52
2019 546.89
2020 551.37
2021 565.31
2022 601.12
2023 623.61
2024-09 639.82
Today 640.67

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: