Value of 1989 Euro (Luxembourg) today

€100 in 1989
€202.63 in 2022

The inflation rate in Luxembourg between 1989 and today has been 102.63%, which translates into a total increase of €102.63. This means that 100 euro in 1989 are equivalent to 202.63 euro in 2022. In other words, the purchasing power of €100 in 1989 equals €202.63 today. The average annual inflation rate between these periods has been 2.16%.

Inflation timeline in Luxembourg (1989 - 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 1989-2021 89.93%
Cumulative inflation 1989-today 102.63%
Avg. Annual inflation 1989-2021 2.02%
CPI 1989 57.36
CPI 2021 108.94
CPI 2022-04 (latest official data) 115.72
CPI today 116.23

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 1989 and 2021, use the corresponding CPI values:

Value2021
=Value1989 ×
CPI2021/CPI1989
=€ 100 ×
108.94/57.36
€189.93

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 116.23:

Valuetoday
=Value1989 ×
CPItoday/CPI1989
=€ 100 ×
116.23/57.36
€202.63

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 32 years between 1989 and 2021 and the average inflation rate was 2.0249%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.020249)32
€189.93

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1989 €1.9 euro in 2021
€5 euro in 1989 €9.5 euro in 2021
€10 euro in 1989 €18.99 euro in 2021
€50 euro in 1989 €94.97 euro in 2021
€100 euro in 1989 €189.93 euro in 2021
€500 euro in 1989 €949.65 euro in 2021
€1,000 euro in 1989 €1,899.3 euro in 2021
€5,000 euro in 1989 €9,496.51 euro in 2021
€10,000 euro in 1989 €18,993.01 euro in 2021
€50,000 euro in 1989 €94,965.07 euro in 2021
€100,000 euro in 1989 €189,930.15 euro in 2021
€500,000 euro in 1989 €949,650.75 euro in 2021
€1,000,000 euro in 1989 €1,899,301.5 euro in 2021
Cumulative inflation From 1989 102.63%
Avg. annual inflation From 1989 2.16%
CPI 1989 57.36
CPI today 116.23

Value of Euro over time (by year)

Period Value
1989 100
1990 103.25
1991 106.47
1992 109.83
1993 113.77
1994 116.27
1995 118.44
1996 119.84
1997 121.48
1998 122.65
1999 123.9
2000 127.81
2001 131.21
2002 133.93
2003 136.68
2004 139.72
2005 143.2
2006 147.02
2007 150.42
2008 155.53
2009 156.1
2010 159.65
2011 165.1
2012 169.5
2013 172.43
2014 173.52
2015 174.34
2016 174.85
2017 177.88
2018 180.59
2019 183.74
2020 185.25
2021 189.93
2022-04 201.75
Today 202.63

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: