Value of 1982 Euro (Luxembourg) today

€100 in 1982

€243.73 in 2019

The inflation rate in Luxembourg between 1982 and today has been 143.73%, which translates into a total increase of €143.73. This means that 100 euro in 1982 are equivalent to 243.73 euro in 2019. In other words, the purchasing power of €100 in 1982 equals €243.73 today. The average annual inflation rate has been 2.37%.

Inflation timeline in Luxembourg (1982-2019)

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 (1982-2019) 143.46%
Total Inflation* 143.73%
Annual inflation avg. (1982-2019) 2.43%
Annual inflation avg.* 2.37%
CPI 1982 42.85
CPI 2019 104.32
CPI today* 104.43
€1 in 1982 €2.43 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 37 years between 1982 and 2019 and the average inflation rate has been 2.3721%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)37 = €243.46

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 1982 was 42.85 and the CPI today is 104.43. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.32/42.85
= €243.46

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1982 €2.44 euro today
€5 euro in 1982 €12.19 euro today
€10 euro in 1982 €24.37 euro today
€50 euro in 1982 €121.86 euro today
€100 euro in 1982 €243.73 euro today
€500 euro in 1982 €1,218.64 euro today
€1,000 euro in 1982 €2,437.27 euro today
€5,000 euro in 1982 €12,186.37 euro today
€10,000 euro in 1982 €24,372.73 euro today
€50,000 euro in 1982 €121,863.65 euro today
€100,000 euro in 1982 €243,727.31 euro today
€500,000 euro in 1982 €1,218,636.53 euro today
€1,000,000 euro in 1982 €2,437,273.06 euro today

Value of Euro in time (by year)

Period Value
1982 100
1983 110.43
1984 119.28
1985 124.16
1986 129.3
1987 127.46
1988 128.29
1989 130.75
1990 135.87
1991 140.97
1992 144.65
1993 148.84
1994 154.21
1995 157.31
1996 159.29
1997 161.41
1998 163.78
1999 164.44
2000 168.34
2001 174.18
2002 177.18
2003 181.14
2004 184.88
2005 188.86
2006 193.54
2007 198.05
2008 204.7
2009 206.94
2010 210.65
2011 216.48
2012 223.37
2013 228.55
2014 232.07
2015 230.65
2016 233.17
2017 235.81
2018 239
2019 243.46
Today 243.73