Value of 1983 Euro (Luxembourg) today

€100 in 1983
€236.01 in 2022

The inflation rate in Luxembourg between 1983 and today has been 136.01%, which translates into a total increase of €136.01. This means that 100 euro in 1983 are equivalent to 236.01 euro in 2022. In other words, the purchasing power of €100 in 1983 equals €236.01 today. The average annual inflation rate between these periods has been 2.23%.

Inflation timeline in Luxembourg (1983 - 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 1983-2021 121.17%
Cumulative inflation 1983-today 136.01%
Avg. Annual inflation 1983-2021 2.11%
CPI 1983 49.26
CPI 2021 108.94
CPI 2022-04 (latest official data) 115.72
CPI today 116.25

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 1983 and 2021, use the corresponding CPI values:

Value2021
=Value1983 ×
CPI2021/CPI1983
=€ 100 ×
108.94/49.26
€221.17

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 116.25:

Valuetoday
=Value1983 ×
CPItoday/CPI1983
=€ 100 ×
116.25/49.26
€236.01

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 38 years between 1983 and 2021 and the average inflation rate was 2.1108%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.021108)38
€221.17

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1983 €2.21 euro in 2021
€5 euro in 1983 €11.06 euro in 2021
€10 euro in 1983 €22.12 euro in 2021
€50 euro in 1983 €110.59 euro in 2021
€100 euro in 1983 €221.17 euro in 2021
€500 euro in 1983 €1,105.86 euro in 2021
€1,000 euro in 1983 €2,211.72 euro in 2021
€5,000 euro in 1983 €11,058.6 euro in 2021
€10,000 euro in 1983 €22,117.21 euro in 2021
€50,000 euro in 1983 €110,586.03 euro in 2021
€100,000 euro in 1983 €221,172.07 euro in 2021
€500,000 euro in 1983 €1,105,860.33 euro in 2021
€1,000,000 euro in 1983 €2,211,720.65 euro in 2021
Cumulative inflation From 1983 136.01%
Avg. annual inflation From 1983 2.23%
CPI 1983 49.26
CPI today 116.25

Value of Euro over time (by year)

Period Value
1983 100
1984 106.44
1985 110.79
1986 111.12
1987 111.06
1988 112.65
1989 116.45
1990 120.24
1991 123.99
1992 127.9
1993 132.49
1994 135.4
1995 137.92
1996 139.56
1997 141.47
1998 142.82
1999 144.29
2000 148.83
2001 152.8
2002 155.97
2003 159.16
2004 162.7
2005 166.75
2006 171.2
2007 175.16
2008 181.12
2009 181.78
2010 185.92
2011 192.26
2012 197.38
2013 200.8
2014 202.06
2015 203.02
2016 203.61
2017 207.14
2018 210.3
2019 213.97
2020 215.72
2021 221.17
2022-04 234.94
Today 236.01

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: