Value of 1972 Euro (Luxembourg) today

€100 in 1972

€484.13 in 2019

The inflation rate in Luxembourg between 1972 and today has been 384.13%, which translates into a total increase of €384.13. This means that 100 euro in 1972 are equivalent to 484.13 euro in 2019. In other words, the purchasing power of €100 in 1972 equals €484.13 today. The average annual inflation rate has been 3.34%.

Inflation timeline in Luxembourg (1972-2019)

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 (1972-2019) 383.71%
Total Inflation* 384.13%
Annual inflation avg. (1972-2019) 3.41%
Annual inflation avg.* 3.34%
CPI 1972 21.57
CPI 2019 104.32
CPI today* 104.41
€1 in 1972 €4.84 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 47 years between 1972 and 2019 and the average inflation rate has been 3.3404%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)47 = €483.71

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 1972 was 21.57 and the CPI today is 104.41. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.32/21.57
= €483.71

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1972 €4.84 euro today
€5 euro in 1972 €24.21 euro today
€10 euro in 1972 €48.41 euro today
€50 euro in 1972 €242.07 euro today
€100 euro in 1972 €484.13 euro today
€500 euro in 1972 €2,420.66 euro today
€1,000 euro in 1972 €4,841.32 euro today
€5,000 euro in 1972 €24,206.58 euro today
€10,000 euro in 1972 €48,413.15 euro today
€50,000 euro in 1972 €242,065.77 euro today
€100,000 euro in 1972 €484,131.55 euro today
€500,000 euro in 1972 €2,420,657.75 euro today
€1,000,000 euro in 1972 €4,841,315.49 euro today

Value of Euro in time (by year)

Period Value
1972 100
1973 105.88
1974 112.38
1975 125.01
1976 138.62
1977 150.36
1978 156.87
1979 162.16
1980 171.87
1981 183.89
1982 198.68
1983 219.39
1984 236.99
1985 246.67
1986 256.88
1987 253.24
1988 254.89
1989 259.77
1990 269.93
1991 280.08
1992 287.38
1993 295.7
1994 306.38
1995 312.54
1996 316.47
1997 320.68
1998 325.4
1999 326.7
2000 334.45
2001 346.05
2002 352.01
2003 359.88
2004 367.31
2005 375.21
2006 384.53
2007 393.47
2008 406.69
2009 411.14
2010 418.51
2011 430.1
2012 443.78
2013 454.08
2014 461.08
2015 458.25
2016 463.26
2017 468.5
2018 474.85
2019 483.71
Today 484.13