Value of 1970 Euro (Luxembourg) today

€100 in 1970

€533.08 in 2019

The inflation rate in Luxembourg between 1970 and today has been 433.08%, which translates into a total increase of €433.08. This means that 100 euro in 1970 are equivalent to 533.08 euro in 2019. In other words, the purchasing power of €100 in 1970 equals €533.08 today. The average annual inflation rate has been 3.4%.

Inflation timeline in Luxembourg (1970-2019)

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 (1970-2019) 432.48%
Total Inflation* 433.08%
Annual inflation avg. (1970-2019) 3.47%
Annual inflation avg.* 3.4%
CPI 1970 19.59
CPI 2019 104.32
CPI today* 104.44
€1 in 1970 €5.32 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 49 years between 1970 and 2019 and the average inflation rate has been 3.4037%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)49 = €532.48

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 1970 was 19.59 and the CPI today is 104.44. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.32/19.59
= €532.48

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1970 €5.33 euro today
€5 euro in 1970 €26.65 euro today
€10 euro in 1970 €53.31 euro today
€50 euro in 1970 €266.54 euro today
€100 euro in 1970 €533.08 euro today
€500 euro in 1970 €2,665.41 euro today
€1,000 euro in 1970 €5,330.82 euro today
€5,000 euro in 1970 €26,654.12 euro today
€10,000 euro in 1970 €53,308.24 euro today
€50,000 euro in 1970 €266,541.22 euro today
€100,000 euro in 1970 €533,082.44 euro today
€500,000 euro in 1970 €2,665,412.19 euro today
€1,000,000 euro in 1970 €5,330,824.38 euro today

Value of Euro in time (by year)

Period Value
1970 100
1971 104.33
1972 110.08
1973 116.55
1974 123.71
1975 137.61
1976 152.6
1977 165.52
1978 172.69
1979 178.51
1980 189.2
1981 202.43
1982 218.71
1983 241.51
1984 260.89
1985 271.55
1986 282.78
1987 278.77
1988 280.59
1989 285.97
1990 297.15
1991 308.32
1992 316.36
1993 325.52
1994 337.28
1995 344.05
1996 348.38
1997 353.01
1998 358.2
1999 359.64
2000 368.17
2001 380.94
2002 387.5
2003 396.17
2004 404.34
2005 413.05
2006 423.3
2007 433.15
2008 447.69
2009 452.59
2010 460.71
2011 473.47
2012 488.53
2013 499.86
2014 507.57
2015 504.45
2016 509.97
2017 515.73
2018 522.73
2019 532.48
Today 533.08