Value of 1992 Euro (Portugal) today

€100 in 1992
€215.28 in 2024

The inflation rate in Portugal between 1992 and today has been 115.28%, which translates into a total increase of €115.28. This means that 100 euro in 1992 are equivalent to 215.28 euro in 2024. In other words, the purchasing power of €100 in 1992 equals €215.28 today. The average annual inflation rate between these periods has been 2.43%.

Inflation timeline in Portugal (1992 - 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 1992-2023 114.36%
Cumulative inflation 1992-today 115.28%
Avg. Annual inflation 1992-2023 2.49%
CPI 1992 54.91
CPI 2023 117.7
CPI 2024-02 (latest official data) 118.08
CPI today 118.21

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 1992 and 2023, use the corresponding CPI values:

Value2023
=Value1992 ×
CPI2023/CPI1992
=€ 100 ×
117.7/54.91
€214.36

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 118.21:

Valuetoday
=Value1992 ×
CPItoday/CPI1992
=€ 100 ×
118.21/54.91
€215.28

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 31 years between 1992 and 2023 and the average inflation rate was 2.4901%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.024901)31
€214.36

Portugal inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1992 €2.14 euro in 2023
€5 euro in 1992 €10.72 euro in 2023
€10 euro in 1992 €21.44 euro in 2023
€50 euro in 1992 €107.18 euro in 2023
€100 euro in 1992 €214.36 euro in 2023
€500 euro in 1992 €1,071.79 euro in 2023
€1,000 euro in 1992 €2,143.58 euro in 2023
€5,000 euro in 1992 €10,717.9 euro in 2023
€10,000 euro in 1992 €21,435.81 euro in 2023
€50,000 euro in 1992 €107,179.03 euro in 2023
€100,000 euro in 1992 €214,358.07 euro in 2023
€500,000 euro in 1992 €1,071,790.34 euro in 2023
€1,000,000 euro in 1992 €2,143,580.68 euro in 2023
Cumulative inflation From 1992 115.28%
Avg. annual inflation From 1992 2.43%
CPI 1992 54.91
CPI today 118.21

Value of Euro over time (by year)

Period Value
1992 100
1993 106.78
1994 112.57
1995 117.33
1996 120.93
1997 123.75
1998 126.94
1999 129.91
2000 133.61
2001 139.45
2002 144.47
2003 149.12
2004 152.65
2005 156.13
2006 160.98
2007 164.93
2008 169.2
2009 167.78
2010 170.14
2011 176.35
2012 181.24
2013 181.74
2014 181.23
2015 182.12
2016 183.23
2017 185.73
2018 187.58
2019 188.21
2020 188.19
2021 190.57
2022 205.5
2023 214.36
2024-02 215.05
Today 215.28

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: