Value of 1981 Euro (Luxembourg) today

€100 in 1981
€297.53 in 2024

The inflation rate in Luxembourg between 1981 and today has been 197.53%, which translates into a total increase of €197.53. This means that 100 euro in 1981 are equivalent to 297.53 euro in 2024. In other words, the purchasing power of €100 in 1981 equals €297.53 today. The average annual inflation rate between these periods has been 2.57%.

Inflation timeline in Luxembourg (1981 - 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 1981-2023 189.95%
Cumulative inflation 1981-today 197.53%
Avg. Annual inflation 1981-2023 2.57%
CPI 1981 41.45
CPI 2023 120.18
CPI 2024-05 (latest official data) 123.18
CPI today 123.32

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 1981 and 2023, use the corresponding CPI values:

Value2023
=Value1981 ×
CPI2023/CPI1981
=€ 100 ×
120.18/41.45
€289.95

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 123.32:

Valuetoday
=Value1981 ×
CPItoday/CPI1981
=€ 100 ×
123.32/41.45
€297.53

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 42 years between 1981 and 2023 and the average inflation rate was 2.567%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.02567)42
€289.95

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1981 €2.9 euro in 2023
€5 euro in 1981 €14.5 euro in 2023
€10 euro in 1981 €28.99 euro in 2023
€50 euro in 1981 €144.97 euro in 2023
€100 euro in 1981 €289.95 euro in 2023
€500 euro in 1981 €1,449.73 euro in 2023
€1,000 euro in 1981 €2,899.46 euro in 2023
€5,000 euro in 1981 €14,497.28 euro in 2023
€10,000 euro in 1981 €28,994.55 euro in 2023
€50,000 euro in 1981 €144,972.77 euro in 2023
€100,000 euro in 1981 €289,945.55 euro in 2023
€500,000 euro in 1981 €1,449,727.73 euro in 2023
€1,000,000 euro in 1981 €2,899,455.47 euro in 2023
Cumulative inflation From 1981 197.53%
Avg. annual inflation From 1981 2.57%
CPI 1981 41.45
CPI today 123.32

Value of Euro over time (by year)

Period Value
1981 100
1982 109.36
1983 118.84
1984 126.49
1985 131.66
1986 132.05
1987 131.98
1988 133.87
1989 138.39
1990 142.89
1991 147.34
1992 151.99
1993 157.44
1994 160.9
1995 163.91
1996 165.85
1997 168.11
1998 169.73
1999 171.47
2000 176.87
2001 181.58
2002 185.35
2003 189.14
2004 193.35
2005 198.16
2006 203.45
2007 208.15
2008 215.23
2009 216.03
2010 220.94
2011 228.47
2012 234.56
2013 238.62
2014 240.12
2015 241.26
2016 241.97
2017 246.15
2018 249.92
2019 254.27
2020 256.36
2021 262.84
2022 279.49
2023 289.95
2024-05 297.19
Today 297.53

All available years

Today's value of euro (Luxembourg) by year:

1955 | 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: