Value of 1980 Euro (Portugal) today

€100 in 1980

€1,179.98 in 2018

The inflation rate in Portugal between 1980 and today has been 1,079.98%, which translates into a total increase of €1,079.98. This means that 100 euro in 1980 are equivalent to 1,179.98 euro in 2018. In other words, the purchasing power of €100 in 1980 equals €1,179.98 today. The average annual inflation rate has been 6.53%.

Inflation timeline in Portugal (1980-2018)

The following chart ilustrates the equivalence of €100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 (1980-2018) 1,064.21%
Total Inflation* 1,079.98%
Annual inflation avg. (1980-2018) 6.67%
Annual inflation avg.* 6.53%
CPI 1980 8.8
CPI 2018 102.48
CPI today* 103.87
€1 in 1980 €11.64 in 2018

* 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 38 years between 1980 and 2018 and the average inflation rate has been 6.533%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.07)38 = €1,164.21

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 1980 was 8.8 and the CPI today is 103.87. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
102.48/8.8
= €1,164.21

Portugal inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1980 €11.8 euro today
€5 euro in 1980 €59 euro today
€10 euro in 1980 €118 euro today
€50 euro in 1980 €589.99 euro today
€100 euro in 1980 €1,179.98 euro today
€500 euro in 1980 €5,899.92 euro today
€1,000 euro in 1980 €11,799.84 euro today
€5,000 euro in 1980 €58,999.22 euro today
€10,000 euro in 1980 €117,998.44 euro today
€50,000 euro in 1980 €589,992.2 euro today
€100,000 euro in 1980 €1,179,984.41 euro today
€500,000 euro in 1980 €5,899,922.04 euro today
€1,000,000 euro in 1980 €11,799,844.08 euro today

Value of Euro in time (by year)

Period Value
1980 100
1981 112.66
1982 139.34
1983 164.79
1984 217.85
1985 264.01
1986 308.46
1987 343.06
1988 374.64
1989 419.43
1990 468.48
1991 534.04
1992 586.78
1993 639.17
1994 682.07
1995 711.67
1996 736.9
1997 760.42
1998 779.12
1999 803.86
2000 819.59
2001 851.24
2002 883.45
2003 918.54
2004 940.34
2005 963.73
2006 988.6
2007 1,013.4
2008 1,040.57
2009 1,048.68
2010 1,048.2
2011 1,074.56
2012 1,113.37
2013 1,134.74
2014 1,136.96
2015 1,132.9
2016 1,137.4
2017 1,147.38
2018 1,164.21
Today 1,179.98