Value of 1982 Euro (Portugal) today

€100 in 1982

€846.81 in 2018

The inflation rate in Portugal between 1982 and today has been 746.81%, which translates into a total increase of €746.81. This means that 100 euro in 1982 are equivalent to 846.81 euro in 2018. In other words, the purchasing power of €100 in 1982 equals €846.81 today. The average annual inflation rate has been 5.94%.

Inflation timeline in Portugal (1982-2018)

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 (1982-2018) 735.49%
Total Inflation* 746.81%
Annual inflation avg. (1982-2018) 6.07%
Annual inflation avg.* 5.94%
CPI 1982 12.27
CPI 2018 102.48
CPI today* 103.87
€1 in 1982 €8.35 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 36 years between 1982 and 2018 and the average inflation rate has been 5.9437%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.06)36 = €835.49

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 1982 was 12.27 and the CPI today is 103.87. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
102.48/12.27
= €835.49

Portugal inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1982 €8.47 euro today
€5 euro in 1982 €42.34 euro today
€10 euro in 1982 €84.68 euro today
€50 euro in 1982 €423.41 euro today
€100 euro in 1982 €846.81 euro today
€500 euro in 1982 €4,234.06 euro today
€1,000 euro in 1982 €8,468.12 euro today
€5,000 euro in 1982 €42,340.58 euro today
€10,000 euro in 1982 €84,681.17 euro today
€50,000 euro in 1982 €423,405.84 euro today
€100,000 euro in 1982 €846,811.68 euro today
€500,000 euro in 1982 €4,234,058.38 euro today
€1,000,000 euro in 1982 €8,468,116.76 euro today

Value of Euro in time (by year)

Period Value
1982 100
1983 118.26
1984 156.34
1985 189.47
1986 221.36
1987 246.2
1988 268.86
1989 301.01
1990 336.2
1991 383.25
1992 421.1
1993 458.7
1994 489.48
1995 510.73
1996 528.84
1997 545.71
1998 559.13
1999 576.88
2000 588.18
2001 610.89
2002 634
2003 659.19
2004 674.83
2005 691.62
2006 709.47
2007 727.26
2008 746.76
2009 752.58
2010 752.24
2011 771.16
2012 799.01
2013 814.34
2014 815.93
2015 813.02
2016 816.25
2017 823.42
2018 835.49
Today 846.81