Value of 1980 Euro (Portugal) today

€100 in 1980
€1,222.15 in 2022

The inflation rate in Portugal between 1980 and today has been 1,122.15%, which translates into a total increase of €1,122.15. This means that 100 euro in 1980 are equivalent to 1,222.15 euro in 2022. In other words, the purchasing power of €100 in 1980 equals €1,222.15 today. The average annual inflation rate between these periods has been 6.14%.

Inflation timeline in Portugal (1980 - 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 1980-2021 1,016.95%
Cumulative inflation 1980-today 1,122.15%
Avg. Annual inflation 1980-2021 6.06%
CPI 1980 9.37
CPI 2021 104.64
CPI 2022-08 (latest official data) 113.61
CPI today 114.5

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 1980 and 2021, use the corresponding CPI values:

Value2021
=Value1980 ×
CPI2021/CPI1980
=€ 100 ×
104.64/9.37
€1,116.95

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 114.5:

Valuetoday
=Value1980 ×
CPItoday/CPI1980
=€ 100 ×
114.5/9.37
€1,222.15

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 41 years between 1980 and 2021 and the average inflation rate was 6.0625%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.060625)41
€1,116.95

Portugal inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1980 €11.17 euro in 2021
€5 euro in 1980 €55.85 euro in 2021
€10 euro in 1980 €111.7 euro in 2021
€50 euro in 1980 €558.48 euro in 2021
€100 euro in 1980 €1,116.95 euro in 2021
€500 euro in 1980 €5,584.75 euro in 2021
€1,000 euro in 1980 €11,169.51 euro in 2021
€5,000 euro in 1980 €55,847.53 euro in 2021
€10,000 euro in 1980 €111,695.07 euro in 2021
€50,000 euro in 1980 €558,475.34 euro in 2021
€100,000 euro in 1980 €1,116,950.68 euro in 2021
€500,000 euro in 1980 €5,584,753.4 euro in 2021
€1,000,000 euro in 1980 €11,169,506.8 euro in 2021
Cumulative inflation From 1980 1,122.15%
Avg. annual inflation From 1980 6.14%
CPI 1980 9.37
CPI today 114.5

Value of Euro over time (by year)

Period Value
1980 100
1981 119.04
1982 144.85
1983 179.61
1984 230.6
1985 275.48
1986 309.45
1987 339.26
1988 373.53
1989 420.92
1990 478.29
1991 534.97
1992 586.11
1993 625.87
1994 659.79
1995 687.65
1996 708.76
1997 725.32
1998 743.98
1999 761.39
2000 783.11
2001 817.33
2002 846.76
2003 874.02
2004 894.69
2005 915.06
2006 943.5
2007 966.65
2008 991.68
2009 983.39
2010 997.18
2011 1,033.61
2012 1,062.28
2013 1,065.19
2014 1,062.23
2015 1,067.41
2016 1,073.89
2017 1,088.59
2018 1,099.41
2019 1,103.13
2020 1,102.99
2021 1,116.95
2022-08 1,212.64
Today 1,222.15

All available years

Today's value of euro (Portugal) 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: