Value of 1976 Euro (Luxembourg) today

€100 in 1976

€349.31 in 2019

The inflation rate in Luxembourg between 1976 and today has been 249.31%, which translates into a total increase of €249.31. This means that 100 euro in 1976 are equivalent to 349.31 euro in 2019. In other words, the purchasing power of €100 in 1976 equals €349.31 today. The average annual inflation rate has been 2.88%.

Inflation timeline in Luxembourg (1976-2019)

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 (1976-2019) 248.94%
Total Inflation* 249.31%
Annual inflation avg. (1976-2019) 2.95%
Annual inflation avg.* 2.88%
CPI 1976 29.9
CPI 2019 104.32
CPI today* 104.43
€1 in 1976 €3.49 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 43 years between 1976 and 2019 and the average inflation rate has been 2.8835%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)43 = €348.94

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 1976 was 29.9 and the CPI today is 104.43. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.32/29.9
= €348.94

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1976 €3.49 euro today
€5 euro in 1976 €17.47 euro today
€10 euro in 1976 €34.93 euro today
€50 euro in 1976 €174.65 euro today
€100 euro in 1976 €349.31 euro today
€500 euro in 1976 €1,746.53 euro today
€1,000 euro in 1976 €3,493.06 euro today
€5,000 euro in 1976 €17,465.3 euro today
€10,000 euro in 1976 €34,930.6 euro today
€50,000 euro in 1976 €174,652.98 euro today
€100,000 euro in 1976 €349,305.96 euro today
€500,000 euro in 1976 €1,746,529.79 euro today
€1,000,000 euro in 1976 €3,493,059.58 euro today

Value of Euro in time (by year)

Period Value
1976 100
1977 108.47
1978 113.17
1979 116.98
1980 123.99
1981 132.66
1982 143.33
1983 158.27
1984 170.96
1985 177.95
1986 185.31
1987 182.68
1988 183.88
1989 187.4
1990 194.73
1991 202.05
1992 207.32
1993 213.32
1994 221.03
1995 225.46
1996 228.3
1997 231.34
1998 234.74
1999 235.68
2000 241.27
2001 249.64
2002 253.94
2003 259.62
2004 264.98
2005 270.68
2006 277.4
2007 283.85
2008 293.38
2009 296.6
2010 301.91
2011 310.28
2012 320.14
2013 327.57
2014 332.62
2015 330.58
2016 334.19
2017 337.97
2018 342.56
2019 348.94
Today 349.31