Value of 1980 Euro (Luxembourg) today

€100 in 1980
€319.5 in 2024

The inflation rate in Luxembourg between 1980 and today has been 219.5%, which translates into a total increase of €219.5. This means that 100 euro in 1980 are equivalent to 319.5 euro in 2024. In other words, the purchasing power of €100 in 1980 equals €319.5 today. The average annual inflation rate between these periods has been 2.68%.

Inflation timeline in Luxembourg (1980 - 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 1980-2023 213.35%
Cumulative inflation 1980-today 219.5%
Avg. Annual inflation 1980-2023 2.69%
CPI 1980 38.35
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 1980 and 2023, use the corresponding CPI values:

Value2023
=Value1980 ×
CPI2023/CPI1980
=€ 100 ×
120.18/38.35
€313.35

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

Valuetoday
=Value1980 ×
CPItoday/CPI1980
=€ 100 ×
122.53/38.35
€319.5

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 43 years between 1980 and 2023 and the average inflation rate was 2.6918%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.026918)43
€313.35

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1980 €3.13 euro in 2023
€5 euro in 1980 €15.67 euro in 2023
€10 euro in 1980 €31.34 euro in 2023
€50 euro in 1980 €156.68 euro in 2023
€100 euro in 1980 €313.35 euro in 2023
€500 euro in 1980 €1,566.76 euro in 2023
€1,000 euro in 1980 €3,133.53 euro in 2023
€5,000 euro in 1980 €15,667.64 euro in 2023
€10,000 euro in 1980 €31,335.27 euro in 2023
€50,000 euro in 1980 €156,676.35 euro in 2023
€100,000 euro in 1980 €313,352.71 euro in 2023
€500,000 euro in 1980 €1,566,763.53 euro in 2023
€1,000,000 euro in 1980 €3,133,527.06 euro in 2023
Cumulative inflation From 1980 219.5%
Avg. annual inflation From 1980 2.68%
CPI 1980 38.35
CPI today 122.53

Value of Euro over time (by year)

Period Value
1980 100
1981 108.07
1982 118.19
1983 128.43
1984 136.7
1985 142.29
1986 142.71
1987 142.63
1988 144.68
1989 149.56
1990 154.42
1991 159.24
1992 164.26
1993 170.16
1994 173.89
1995 177.14
1996 179.23
1997 181.69
1998 183.43
1999 185.31
2000 191.15
2001 196.24
2002 200.31
2003 204.41
2004 208.96
2005 214.16
2006 219.87
2007 224.96
2008 232.61
2009 233.47
2010 238.77
2011 246.92
2012 253.49
2013 257.89
2014 259.51
2015 260.74
2016 261.5
2017 266.03
2018 270.09
2019 274.8
2020 277.05
2021 284.05
2022 302.05
2023 313.35
2024-02 318.97
Today 319.5

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: