Value of 1995 Euro (Luxembourg) today

€100 in 1995
€180.37 in 2024

The inflation rate in Luxembourg between 1995 and today has been 80.37%, which translates into a total increase of €80.37. This means that 100 euro in 1995 are equivalent to 180.37 euro in 2024. In other words, the purchasing power of €100 in 1995 equals €180.37 today. The average annual inflation rate between these periods has been 2.05%.

Inflation timeline in Luxembourg (1995 - 2024)

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 1995-2023 76.9%
Cumulative inflation 1995-today 80.37%
Avg. Annual inflation 1995-2023 2.06%
CPI 1995 67.94
CPI 2023 120.18
CPI 2024-02 (latest official data) 122.33
CPI today 122.53

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 1995 and 2023, use the corresponding CPI values:

Value2023
=Value1995 ×
CPI2023/CPI1995
=€ 100 ×
120.18/67.94
€176.9

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 122.53:

Valuetoday
=Value1995 ×
CPItoday/CPI1995
=€ 100 ×
122.53/67.94
€180.37

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 28 years between 1995 and 2023 and the average inflation rate was 2.058%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.02058)28
€176.9

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1995 €1.77 euro in 2023
€5 euro in 1995 €8.84 euro in 2023
€10 euro in 1995 €17.69 euro in 2023
€50 euro in 1995 €88.45 euro in 2023
€100 euro in 1995 €176.9 euro in 2023
€500 euro in 1995 €884.49 euro in 2023
€1,000 euro in 1995 €1,768.98 euro in 2023
€5,000 euro in 1995 €8,844.9 euro in 2023
€10,000 euro in 1995 €17,689.8 euro in 2023
€50,000 euro in 1995 €88,448.99 euro in 2023
€100,000 euro in 1995 €176,897.98 euro in 2023
€500,000 euro in 1995 €884,489.9 euro in 2023
€1,000,000 euro in 1995 €1,768,979.8 euro in 2023
Cumulative inflation From 1995 80.37%
Avg. annual inflation From 1995 2.05%
CPI 1995 67.94
CPI today 122.53

Value of Euro over time (by year)

Period Value
1995 100
1996 101.18
1997 102.57
1998 103.55
1999 104.61
2000 107.91
2001 110.78
2002 113.08
2003 115.4
2004 117.97
2005 120.9
2006 124.13
2007 127
2008 131.32
2009 131.8
2010 134.8
2011 139.39
2012 143.11
2013 145.59
2014 146.5
2015 147.2
2016 147.63
2017 150.18
2018 152.48
2019 155.13
2020 156.41
2021 160.36
2022 170.52
2023 176.9
2024-02 180.07
Today 180.37

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 | 2022 | 2023 |

Other currencies: