Value of 1974 Euro (Luxembourg) today

€100 in 1974

€430.9 in 2019

The inflation rate in Luxembourg between 1974 and today has been 330.9%, which translates into a total increase of €330.9. This means that 100 euro in 1974 are equivalent to 430.9 euro in 2019. In other words, the purchasing power of €100 in 1974 equals €430.9 today. The average annual inflation rate has been 3.23%.

Inflation timeline in Luxembourg (1974-2019)

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 (1974-2019) 330.43%
Total Inflation* 330.9%
Annual inflation avg. (1974-2019) 3.3%
Annual inflation avg.* 3.23%
CPI 1974 24.24
CPI 2019 104.32
CPI today* 104.43
€1 in 1974 €4.3 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 45 years between 1974 and 2019 and the average inflation rate has been 3.2264%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)45 = €430.43

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 1974 was 24.24 and the CPI today is 104.43. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.32/24.24
= €430.43

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1974 €4.31 euro today
€5 euro in 1974 €21.55 euro today
€10 euro in 1974 €43.09 euro today
€50 euro in 1974 €215.45 euro today
€100 euro in 1974 €430.9 euro today
€500 euro in 1974 €2,154.52 euro today
€1,000 euro in 1974 €4,309.03 euro today
€5,000 euro in 1974 €21,545.16 euro today
€10,000 euro in 1974 €43,090.32 euro today
€50,000 euro in 1974 €215,451.62 euro today
€100,000 euro in 1974 €430,903.24 euro today
€500,000 euro in 1974 €2,154,516.22 euro today
€1,000,000 euro in 1974 €4,309,032.44 euro today

Value of Euro in time (by year)

Period Value
1974 100
1975 111.24
1976 123.35
1977 133.8
1978 139.6
1979 144.3
1980 152.94
1981 163.64
1982 176.8
1983 195.23
1984 210.89
1985 219.51
1986 228.59
1987 225.35
1988 226.82
1989 231.17
1990 240.21
1991 249.23
1992 255.73
1993 263.14
1994 272.64
1995 278.12
1996 281.62
1997 285.36
1998 289.56
1999 290.72
2000 297.61
2001 307.94
2002 313.24
2003 320.25
2004 326.86
2005 333.89
2006 342.18
2007 350.14
2008 361.9
2009 365.86
2010 372.42
2011 382.74
2012 394.91
2013 404.07
2014 410.3
2015 407.78
2016 412.24
2017 416.9
2018 422.55
2019 430.43
Today 430.9