Value of 1986 Euro (Portugal) today

€100 in 1986
€417.9 in 2024

The inflation rate in Portugal between 1986 and today has been 317.9%, which translates into a total increase of €317.9. This means that 100 euro in 1986 are equivalent to 417.9 euro in 2024. In other words, the purchasing power of €100 in 1986 equals €417.9 today. The average annual inflation rate between these periods has been 3.84%.

Inflation timeline in Portugal (1986 - 2024)

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 1986-2023 306.01%
Cumulative inflation 1986-today 317.9%
Avg. Annual inflation 1986-2023 3.86%
CPI 1986 28.99
CPI 2023 117.7
CPI 2024-04 (latest official data) 120.98
CPI today 121.15

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 1986 and 2023, use the corresponding CPI values:

Value2023
=Value1986 ×
CPI2023/CPI1986
=€ 100 ×
117.7/28.99
€406.01

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 121.15:

Valuetoday
=Value1986 ×
CPItoday/CPI1986
=€ 100 ×
121.15/28.99
€417.9

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 1986 and 2023 and the average inflation rate was 3.8596%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.038596)37
€406.01

Portugal inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1986 €4.06 euro in 2023
€5 euro in 1986 €20.3 euro in 2023
€10 euro in 1986 €40.6 euro in 2023
€50 euro in 1986 €203 euro in 2023
€100 euro in 1986 €406.01 euro in 2023
€500 euro in 1986 €2,030.03 euro in 2023
€1,000 euro in 1986 €4,060.05 euro in 2023
€5,000 euro in 1986 €20,300.26 euro in 2023
€10,000 euro in 1986 €40,600.52 euro in 2023
€50,000 euro in 1986 €203,002.59 euro in 2023
€100,000 euro in 1986 €406,005.19 euro in 2023
€500,000 euro in 1986 €2,030,025.94 euro in 2023
€1,000,000 euro in 1986 €4,060,051.87 euro in 2023
Cumulative inflation From 1986 317.9%
Avg. annual inflation From 1986 3.84%
CPI 1986 28.99
CPI today 121.15

Value of Euro over time (by year)

Period Value
1986 100
1987 109.63
1988 120.71
1989 136.02
1990 154.56
1991 172.88
1992 189.41
1993 202.25
1994 213.22
1995 222.22
1996 229.04
1997 234.39
1998 240.42
1999 246.05
2000 253.07
2001 264.13
2002 273.64
2003 282.45
2004 289.13
2005 295.71
2006 304.9
2007 312.38
2008 320.47
2009 317.79
2010 322.25
2011 334.02
2012 343.28
2013 344.23
2014 343.27
2015 344.94
2016 347.04
2017 351.79
2018 355.28
2019 356.49
2020 356.44
2021 360.95
2022 389.22
2023 406.01
2024-04 417.3
Today 417.9

All available years

Today's value of euro (Portugal) by year:

1955 | 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 | 2023 |

Other currencies: