Value of 1990 Euro (Portugal) today

€100 in 1990

€251.88 in 2018

The inflation rate in Portugal between 1990 and today has been 151.88%, which translates into a total increase of €151.88. This means that 100 euro in 1990 are equivalent to 251.88 euro in 2018. In other words, the purchasing power of €100 in 1990 equals €251.88 today. The average annual inflation rate has been 3.24%.

Inflation timeline in Portugal (1990-2018)

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 (1990-2018) 148.51%
Total Inflation* 151.88%
Annual inflation avg. (1990-2018) 3.3%
Annual inflation avg.* 3.24%
CPI 1990 41.24
CPI 2018 102.48
CPI today* 103.87
€1 in 1990 €2.49 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 28 years between 1990 and 2018 and the average inflation rate has been 3.2367%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)28 = €248.51

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 1990 was 41.24 and the CPI today is 103.87. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
102.48/41.24
= €248.51

Portugal inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1990 €2.52 euro today
€5 euro in 1990 €12.59 euro today
€10 euro in 1990 €25.19 euro today
€50 euro in 1990 €125.94 euro today
€100 euro in 1990 €251.88 euro today
€500 euro in 1990 €1,259.38 euro today
€1,000 euro in 1990 €2,518.75 euro today
€5,000 euro in 1990 €12,593.77 euro today
€10,000 euro in 1990 €25,187.53 euro today
€50,000 euro in 1990 €125,937.66 euro today
€100,000 euro in 1990 €251,875.32 euro today
€500,000 euro in 1990 €1,259,376.62 euro today
€1,000,000 euro in 1990 €2,518,753.24 euro today

Value of Euro in time (by year)

Period Value
1990 100
1991 113.99
1992 125.25
1993 136.44
1994 145.59
1995 151.91
1996 157.3
1997 162.32
1998 166.31
1999 171.59
2000 174.95
2001 181.7
2002 188.58
2003 196.07
2004 200.72
2005 205.71
2006 211.02
2007 216.32
2008 222.12
2009 223.85
2010 223.74
2011 229.37
2012 237.66
2013 242.22
2014 242.69
2015 241.82
2016 242.79
2017 244.92
2018 248.51
Today 251.88