Value of 1984 Euro (Luxembourg) today

€100 in 1984

€204.31 in 2019

The inflation rate in Luxembourg between 1984 and today has been 104.31%, which translates into a total increase of €104.31. This means that 100 euro in 1984 are equivalent to 204.31 euro in 2019. In other words, the purchasing power of €100 in 1984 equals €204.31 today. The average annual inflation rate has been 2%.

Inflation timeline in Luxembourg (1984-2019)

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 (1984-2019) 104.1%
Total Inflation* 104.31%
Annual inflation avg. (1984-2019) 2.06%
Annual inflation avg.* 2%
CPI 1984 51.11
CPI 2019 104.32
CPI today* 104.43
€1 in 1984 €2.04 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 35 years between 1984 and 2019 and the average inflation rate has been 2.0045%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)35 = €204.1

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 1984 was 51.11 and the CPI today is 104.43. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.32/51.11
= €204.1

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1984 €2.04 euro today
€5 euro in 1984 €10.22 euro today
€10 euro in 1984 €20.43 euro today
€50 euro in 1984 €102.16 euro today
€100 euro in 1984 €204.31 euro today
€500 euro in 1984 €1,021.57 euro today
€1,000 euro in 1984 €2,043.14 euro today
€5,000 euro in 1984 €10,215.72 euro today
€10,000 euro in 1984 €20,431.44 euro today
€50,000 euro in 1984 €102,157.2 euro today
€100,000 euro in 1984 €204,314.39 euro today
€500,000 euro in 1984 €1,021,571.97 euro today
€1,000,000 euro in 1984 €2,043,143.94 euro today

Value of Euro in time (by year)

Period Value
1984 100
1985 104.09
1986 108.39
1987 106.85
1988 107.55
1989 109.61
1990 113.9
1991 118.18
1992 121.26
1993 124.77
1994 129.28
1995 131.88
1996 133.54
1997 135.31
1998 137.3
1999 137.85
2000 141.12
2001 146.02
2002 148.53
2003 151.86
2004 154.99
2005 158.32
2006 162.25
2007 166.03
2008 171.61
2009 173.48
2010 176.59
2011 181.49
2012 187.26
2013 191.6
2014 194.56
2015 193.36
2016 195.47
2017 197.69
2018 200.37
2019 204.1
Today 204.31