Value of 1985 Euro (Portugal) today

€100 in 1985
€454.61 in 2023

The inflation rate in Portugal between 1985 and today has been 354.61%, which translates into a total increase of €354.61. This means that 100 euro in 1985 are equivalent to 454.61 euro in 2023. In other words, the purchasing power of €100 in 1985 equals €454.61 today. The average annual inflation rate between these periods has been 4.07%.

Inflation timeline in Portugal (1985 - 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 1985-2022 337.22%
Cumulative inflation 1985-today 354.61%
Avg. Annual inflation 1985-2022 4.07%
CPI 1985 25.81
CPI 2022 112.84
CPI 2022-12 (latest official data) 116.38
CPI today 117.33

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 1985 and 2022, use the corresponding CPI values:

Value2022
=Value1985 ×
CPI2022/CPI1985
=€ 100 ×
112.84/25.81
€437.22

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 117.33:

Valuetoday
=Value1985 ×
CPItoday/CPI1985
=€ 100 ×
117.33/25.81
€454.61

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 37 years between 1985 and 2022 and the average inflation rate was 4.0678%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=€100 × (1 + 0.040678)37
€437.22

Portugal inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1985 €4.37 euro in 2022
€5 euro in 1985 €21.86 euro in 2022
€10 euro in 1985 €43.72 euro in 2022
€50 euro in 1985 €218.61 euro in 2022
€100 euro in 1985 €437.22 euro in 2022
€500 euro in 1985 €2,186.11 euro in 2022
€1,000 euro in 1985 €4,372.21 euro in 2022
€5,000 euro in 1985 €21,861.07 euro in 2022
€10,000 euro in 1985 €43,722.14 euro in 2022
€50,000 euro in 1985 €218,610.68 euro in 2022
€100,000 euro in 1985 €437,221.35 euro in 2022
€500,000 euro in 1985 €2,186,106.77 euro in 2022
€1,000,000 euro in 1985 €4,372,213.54 euro in 2022
Cumulative inflation From 1985 354.61%
Avg. annual inflation From 1985 4.07%
CPI 1985 25.81
CPI today 117.33

Value of Euro over time (by year)

Period Value
1985 100
1986 112.33
1987 123.15
1988 135.59
1989 152.8
1990 173.62
1991 194.2
1992 212.76
1993 227.19
1994 239.51
1995 249.62
1996 257.28
1997 263.3
1998 270.07
1999 276.39
2000 284.28
2001 296.7
2002 307.38
2003 317.28
2004 324.78
2005 332.18
2006 342.5
2007 350.9
2008 359.99
2009 356.98
2010 361.99
2011 375.21
2012 385.62
2013 386.67
2014 385.6
2015 387.48
2016 389.83
2017 395.17
2018 399.1
2019 400.44
2020 400.39
2021 405.46
2022 437.22
2022-12 450.94
Today 454.61

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: