Value of 1987 Euro (Luxembourg) today

€100 in 1987

€191.22 in 2019

The inflation rate in Luxembourg between 1987 and today has been 91.22%, which translates into a total increase of €91.22. This means that 100 euro in 1987 are equivalent to 191.22 euro in 2019. In other words, the purchasing power of €100 in 1987 equals €191.22 today. The average annual inflation rate has been 1.98%.

Inflation timeline in Luxembourg (1987-2019)

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 (1987-2019) 91.01%
Total Inflation* 91.22%
Annual inflation avg. (1987-2019) 2.04%
Annual inflation avg.* 1.98%
CPI 1987 54.62
CPI 2019 104.32
CPI today* 104.43
€1 in 1987 €1.91 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 32 years between 1987 and 2019 and the average inflation rate has been 1.9838%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)32 = €191.01

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 1987 was 54.62 and the CPI today is 104.43. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.32/54.62
= €191.01

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1987 €1.91 euro today
€5 euro in 1987 €9.56 euro today
€10 euro in 1987 €19.12 euro today
€50 euro in 1987 €95.61 euro today
€100 euro in 1987 €191.22 euro today
€500 euro in 1987 €956.09 euro today
€1,000 euro in 1987 €1,912.17 euro today
€5,000 euro in 1987 €9,560.86 euro today
€10,000 euro in 1987 €19,121.73 euro today
€50,000 euro in 1987 €95,608.63 euro today
€100,000 euro in 1987 €191,217.25 euro today
€500,000 euro in 1987 €956,086.27 euro today
€1,000,000 euro in 1987 €1,912,172.54 euro today

Value of Euro in time (by year)

Period Value
1987 100
1988 100.65
1989 102.58
1990 106.59
1991 110.6
1992 113.48
1993 116.77
1994 120.99
1995 123.42
1996 124.97
1997 126.63
1998 128.49
1999 129.01
2000 132.07
2001 136.65
2002 139
2003 142.11
2004 145.05
2005 148.17
2006 151.84
2007 155.38
2008 160.6
2009 162.35
2010 165.27
2011 169.84
2012 175.24
2013 179.31
2014 182.07
2015 180.96
2016 182.93
2017 185
2018 187.51
2019 191.01
Today 191.22