Value of 1982 Euro (Portugal) today

€100 in 1982
€877.67 in 2023

The inflation rate in Portugal between 1982 and today has been 777.67%, which translates into a total increase of €777.67. This means that 100 euro in 1982 are equivalent to 877.67 euro in 2023. In other words, the purchasing power of €100 in 1982 equals €877.67 today. The average annual inflation rate between these periods has been 5.44%.

Inflation timeline in Portugal (1982 - 2023)

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 1982-2022 731.52%
Cumulative inflation 1982-today 777.67%
Avg. Annual inflation 1982-2022 5.44%
CPI 1982 13.57
CPI 2022 112.84
CPI 2023-10 (latest official data) 118.89
CPI today 119.1

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 1982 and 2022, use the corresponding CPI values:

Value2022
=Value1982 ×
CPI2022/CPI1982
=€ 100 ×
112.84/13.57
€831.52

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 119.1:

Valuetoday
=Value1982 ×
CPItoday/CPI1982
=€ 100 ×
119.1/13.57
€877.67

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 1982 and 2022 and the average inflation rate was 5.4379%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=€100 × (1 + 0.054379)40
€831.52

Portugal inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1982 €8.32 euro in 2022
€5 euro in 1982 €41.58 euro in 2022
€10 euro in 1982 €83.15 euro in 2022
€50 euro in 1982 €415.76 euro in 2022
€100 euro in 1982 €831.52 euro in 2022
€500 euro in 1982 €4,157.61 euro in 2022
€1,000 euro in 1982 €8,315.21 euro in 2022
€5,000 euro in 1982 €41,576.07 euro in 2022
€10,000 euro in 1982 €83,152.15 euro in 2022
€50,000 euro in 1982 €415,760.75 euro in 2022
€100,000 euro in 1982 €831,521.49 euro in 2022
€500,000 euro in 1982 €4,157,607.45 euro in 2022
€1,000,000 euro in 1982 €8,315,214.91 euro in 2022
Cumulative inflation From 1982 777.67%
Avg. annual inflation From 1982 5.44%
CPI 1982 13.57
CPI today 119.1

Value of Euro over time (by year)

Period Value
1982 100
1983 124
1984 159.2
1985 190.18
1986 213.64
1987 234.22
1988 257.88
1989 290.59
1990 330.2
1991 369.33
1992 404.64
1993 432.09
1994 455.51
1995 474.74
1996 489.31
1997 500.75
1998 513.63
1999 525.65
2000 540.65
2001 564.27
2002 584.59
2003 603.4
2004 617.68
2005 631.74
2006 651.38
2007 667.36
2008 684.63
2009 678.91
2010 688.44
2011 713.59
2012 733.38
2013 735.39
2014 733.34
2015 736.92
2016 741.4
2017 751.54
2018 759.01
2019 761.58
2020 761.48
2021 771.12
2022 831.52
2023-10 876.14
Today 877.67

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 | 2022 |

Other currencies: