Value of 1995 Euro (Portugal) today

€100 in 1995
€183.49 in 2024

The inflation rate in Portugal between 1995 and today has been 83.49%, which translates into a total increase of €83.49. This means that 100 euro in 1995 are equivalent to 183.49 euro in 2024. In other words, the purchasing power of €100 in 1995 equals €183.49 today. The average annual inflation rate between these periods has been 2.12%.

Inflation timeline in Portugal (1995 - 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 1995-2023 82.7%
Cumulative inflation 1995-today 83.49%
Avg. Annual inflation 1995-2023 2.18%
CPI 1995 64.42
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 1995 and 2023, use the corresponding CPI values:

Value2023
=Value1995 ×
CPI2023/CPI1995
=€ 100 ×
117.7/64.42
€182.7

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

Valuetoday
=Value1995 ×
CPItoday/CPI1995
=€ 100 ×
118.21/64.42
€183.49

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 28 years between 1995 and 2023 and the average inflation rate was 2.1758%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.021758)28
€182.7

Portugal inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1995 €1.83 euro in 2023
€5 euro in 1995 €9.14 euro in 2023
€10 euro in 1995 €18.27 euro in 2023
€50 euro in 1995 €91.35 euro in 2023
€100 euro in 1995 €182.7 euro in 2023
€500 euro in 1995 €913.52 euro in 2023
€1,000 euro in 1995 €1,827.04 euro in 2023
€5,000 euro in 1995 €9,135.18 euro in 2023
€10,000 euro in 1995 €18,270.35 euro in 2023
€50,000 euro in 1995 €91,351.77 euro in 2023
€100,000 euro in 1995 €182,703.53 euro in 2023
€500,000 euro in 1995 €913,517.66 euro in 2023
€1,000,000 euro in 1995 €1,827,035.32 euro in 2023
Cumulative inflation From 1995 83.49%
Avg. annual inflation From 1995 2.12%
CPI 1995 64.42
CPI today 118.21

Value of Euro over time (by year)

Period Value
1995 100
1996 103.07
1997 105.48
1998 108.19
1999 110.72
2000 113.88
2001 118.86
2002 123.14
2003 127.1
2004 130.11
2005 133.07
2006 137.21
2007 140.57
2008 144.21
2009 143.01
2010 145.01
2011 150.31
2012 154.48
2013 154.9
2014 154.47
2015 155.23
2016 156.17
2017 158.31
2018 159.88
2019 160.42
2020 160.4
2021 162.43
2022 175.15
2023 182.7
2024-02 183.29
Today 183.49

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: