Value of 1974 Euro (Luxembourg) today

€100 in 1974
€450.39 in 2022

The inflation rate in Luxembourg between 1974 and today has been 350.39%, which translates into a total increase of €350.39. This means that 100 euro in 1974 are equivalent to 450.39 euro in 2022. In other words, the purchasing power of €100 in 1974 equals €450.39 today. The average annual inflation rate between these periods has been 3.18%.

Inflation timeline in Luxembourg (1974 - 2022)

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 1974-2021 322.16%
Cumulative inflation 1974-today 350.39%
Avg. Annual inflation 1974-2021 3.11%
CPI 1974 25.81
CPI 2021 108.94
CPI 2022-04 (latest official data) 115.72
CPI today 116.23

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 1974 and 2021, use the corresponding CPI values:

Value2021
=Value1974 ×
CPI2021/CPI1974
=€ 100 ×
108.94/25.81
€422.16

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 116.23:

Valuetoday
=Value1974 ×
CPItoday/CPI1974
=€ 100 ×
116.23/25.81
€450.39

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 47 years between 1974 and 2021 and the average inflation rate was 3.1117%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.031117)47
€422.16

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1974 €4.22 euro in 2021
€5 euro in 1974 €21.11 euro in 2021
€10 euro in 1974 €42.22 euro in 2021
€50 euro in 1974 €211.08 euro in 2021
€100 euro in 1974 €422.16 euro in 2021
€500 euro in 1974 €2,110.79 euro in 2021
€1,000 euro in 1974 €4,221.58 euro in 2021
€5,000 euro in 1974 €21,107.9 euro in 2021
€10,000 euro in 1974 €42,215.81 euro in 2021
€50,000 euro in 1974 €211,079.03 euro in 2021
€100,000 euro in 1974 €422,158.06 euro in 2021
€500,000 euro in 1974 €2,110,790.29 euro in 2021
€1,000,000 euro in 1974 €4,221,580.59 euro in 2021
Cumulative inflation From 1974 350.39%
Avg. annual inflation From 1974 3.18%
CPI 1974 25.81
CPI today 116.23

Value of Euro over time (by year)

Period Value
1974 100
1975 110.72
1976 121.57
1977 129.72
1978 133.73
1979 139.81
1980 148.62
1981 160.62
1982 175.65
1983 190.87
1984 203.16
1985 211.47
1986 212.1
1987 211.98
1988 215.02
1989 222.27
1990 229.5
1991 236.66
1992 244.12
1993 252.88
1994 258.43
1995 263.26
1996 266.38
1997 270.02
1998 272.61
1999 275.4
2000 284.08
2001 291.65
2002 297.7
2003 303.8
2004 310.56
2005 318.29
2006 326.77
2007 334.33
2008 345.7
2009 346.97
2010 354.86
2011 366.97
2012 376.74
2013 383.27
2014 385.68
2015 387.51
2016 388.64
2017 395.37
2018 401.41
2019 408.4
2020 411.75
2021 422.16
2022-04 448.43
Today 450.39

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 |

Other currencies: