Value of 1972 Euro (Luxembourg) today

€100 in 1972
€551.7 in 2024

The inflation rate in Luxembourg between 1972 and today has been 451.7%, which translates into a total increase of €451.7. This means that 100 euro in 1972 are equivalent to 551.7 euro in 2024. In other words, the purchasing power of €100 in 1972 equals €551.7 today. The average annual inflation rate between these periods has been 3.34%.

Inflation timeline in Luxembourg (1972 - 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 1972-2023 441.09%
Cumulative inflation 1972-today 451.7%
Avg. Annual inflation 1972-2023 3.37%
CPI 1972 22.21
CPI 2023 120.18
CPI 2024-02 (latest official data) 122.33
CPI today 122.53

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 1972 and 2023, use the corresponding CPI values:

Value2023
=Value1972 ×
CPI2023/CPI1972
=€ 100 ×
120.18/22.21
€541.09

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 122.53:

Valuetoday
=Value1972 ×
CPItoday/CPI1972
=€ 100 ×
122.53/22.21
€551.7

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 51 years between 1972 and 2023 and the average inflation rate was 3.366%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.03366)51
€541.09

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1972 €5.41 euro in 2023
€5 euro in 1972 €27.05 euro in 2023
€10 euro in 1972 €54.11 euro in 2023
€50 euro in 1972 €270.54 euro in 2023
€100 euro in 1972 €541.09 euro in 2023
€500 euro in 1972 €2,705.44 euro in 2023
€1,000 euro in 1972 €5,410.88 euro in 2023
€5,000 euro in 1972 €27,054.39 euro in 2023
€10,000 euro in 1972 €54,108.78 euro in 2023
€50,000 euro in 1972 €270,543.91 euro in 2023
€100,000 euro in 1972 €541,087.83 euro in 2023
€500,000 euro in 1972 €2,705,439.13 euro in 2023
€1,000,000 euro in 1972 €5,410,878.26 euro in 2023
Cumulative inflation From 1972 451.7%
Avg. annual inflation From 1972 3.34%
CPI 1972 22.21
CPI today 122.53

Value of Euro over time (by year)

Period Value
1972 100
1973 106.07
1974 116.19
1975 128.64
1976 141.24
1977 150.71
1978 155.38
1979 162.44
1980 172.68
1981 186.62
1982 204.08
1983 221.77
1984 236.04
1985 245.71
1986 246.43
1987 246.29
1988 249.83
1989 258.25
1990 266.65
1991 274.97
1992 283.64
1993 293.82
1994 300.27
1995 305.88
1996 309.5
1997 313.73
1998 316.74
1999 319.98
2000 330.07
2001 338.86
2002 345.89
2003 352.98
2004 360.83
2005 369.81
2006 379.67
2007 388.45
2008 401.66
2009 403.14
2010 412.31
2011 426.37
2012 437.72
2013 445.31
2014 448.11
2015 450.24
2016 451.55
2017 459.37
2018 466.39
2019 474.52
2020 478.41
2021 490.5
2022 521.57
2023 541.09
2024-02 550.78
Today 551.7

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 | 2022 | 2023 |

Other currencies: