Value of 1990 Euro (Portugal) today

€100 in 1990
€269.04 in 2024

The inflation rate in Portugal between 1990 and today has been 169.04%, which translates into a total increase of €169.04. This means that 100 euro in 1990 are equivalent to 269.04 euro in 2024. In other words, the purchasing power of €100 in 1990 equals €269.04 today. The average annual inflation rate between these periods has been 2.95%.

Inflation timeline in Portugal (1990 - 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 1990-2023 162.68%
Cumulative inflation 1990-today 169.04%
Avg. Annual inflation 1990-2023 2.97%
CPI 1990 44.81
CPI 2023 117.7
CPI 2024-03 (latest official data) 120.4
CPI today 120.55

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 1990 and 2023, use the corresponding CPI values:

Value2023
=Value1990 ×
CPI2023/CPI1990
=€ 100 ×
117.7/44.81
€262.68

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 120.55:

Valuetoday
=Value1990 ×
CPItoday/CPI1990
=€ 100 ×
120.55/44.81
€269.04

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 33 years between 1990 and 2023 and the average inflation rate was 2.9698%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.029698)33
€262.68

Portugal inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1990 €2.63 euro in 2023
€5 euro in 1990 €13.13 euro in 2023
€10 euro in 1990 €26.27 euro in 2023
€50 euro in 1990 €131.34 euro in 2023
€100 euro in 1990 €262.68 euro in 2023
€500 euro in 1990 €1,313.39 euro in 2023
€1,000 euro in 1990 €2,626.77 euro in 2023
€5,000 euro in 1990 €13,133.87 euro in 2023
€10,000 euro in 1990 €26,267.75 euro in 2023
€50,000 euro in 1990 €131,338.74 euro in 2023
€100,000 euro in 1990 €262,677.49 euro in 2023
€500,000 euro in 1990 €1,313,387.44 euro in 2023
€1,000,000 euro in 1990 €2,626,774.88 euro in 2023
Cumulative inflation From 1990 169.04%
Avg. annual inflation From 1990 2.95%
CPI 1990 44.81
CPI today 120.55

Value of Euro over time (by year)

Period Value
1990 100
1991 111.85
1992 122.54
1993 130.85
1994 137.95
1995 143.77
1996 148.18
1997 151.65
1998 155.55
1999 159.19
2000 163.73
2001 170.89
2002 177.04
2003 182.74
2004 187.06
2005 191.32
2006 197.26
2007 202.11
2008 207.34
2009 205.6
2010 208.49
2011 216.1
2012 222.1
2013 222.71
2014 222.09
2015 223.17
2016 224.53
2017 227.6
2018 229.86
2019 230.64
2020 230.61
2021 233.53
2022 251.82
2023 262.68
2024-03 268.69
Today 269.04

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 | 2023 |

Other currencies: