Value of 1981 Euro (Portugal) today

€100 in 1981
€1,008.18 in 2022

The inflation rate in Portugal between 1981 and today has been 908.18%, which translates into a total increase of €908.18. This means that 100 euro in 1981 are equivalent to 1,008.18 euro in 2022. In other words, the purchasing power of €100 in 1981 equals €1,008.18 today. The average annual inflation rate between these periods has been 5.8%.

Inflation timeline in Portugal (1981 - 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 1981-2021 838.3%
Cumulative inflation 1981-today 908.18%
Avg. Annual inflation 1981-2021 5.76%
CPI 1981 11.15
CPI 2021 104.64
CPI 2022-04 (latest official data) 111.97
CPI today 112.43

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 1981 and 2021, use the corresponding CPI values:

Value2021
=Value1981 ×
CPI2021/CPI1981
=€ 100 ×
104.64/11.15
€938.3

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 112.43:

Valuetoday
=Value1981 ×
CPItoday/CPI1981
=€ 100 ×
112.43/11.15
€1,008.18

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 40 years between 1981 and 2021 and the average inflation rate was 5.7568%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.057568)40
€938.3

Portugal inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1981 €9.38 euro in 2021
€5 euro in 1981 €46.91 euro in 2021
€10 euro in 1981 €93.83 euro in 2021
€50 euro in 1981 €469.15 euro in 2021
€100 euro in 1981 €938.3 euro in 2021
€500 euro in 1981 €4,691.48 euro in 2021
€1,000 euro in 1981 €9,382.95 euro in 2021
€5,000 euro in 1981 €46,914.75 euro in 2021
€10,000 euro in 1981 €93,829.5 euro in 2021
€50,000 euro in 1981 €469,147.51 euro in 2021
€100,000 euro in 1981 €938,295.02 euro in 2021
€500,000 euro in 1981 €4,691,475.09 euro in 2021
€1,000,000 euro in 1981 €9,382,950.18 euro in 2021
Cumulative inflation From 1981 908.18%
Avg. annual inflation From 1981 5.8%
CPI 1981 11.15
CPI today 112.43

Value of Euro over time (by year)

Period Value
1981 100
1982 121.68
1983 150.89
1984 193.71
1985 231.41
1986 259.95
1987 285
1988 313.78
1989 353.59
1990 401.79
1991 449.4
1992 492.36
1993 525.76
1994 554.26
1995 577.66
1996 595.39
1997 609.3
1998 624.98
1999 639.61
2000 657.85
2001 686.6
2002 711.32
2003 734.22
2004 751.59
2005 768.7
2006 792.59
2007 812.04
2008 833.06
2009 826.1
2010 837.68
2011 868.28
2012 892.37
2013 894.81
2014 892.33
2015 896.68
2016 902.13
2017 914.47
2018 923.56
2019 926.68
2020 926.57
2021 938.3
2022-04 1,004.02
Today 1,008.18

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: