Value of 1995 Euro (Slovakia) today

€100 in 1995
€330.22 in 2023

The inflation rate in Slovakia between 1995 and today has been 230.22%, which translates into a total increase of €230.22. This means that 100 euro in 1995 are equivalent to 330.22 euro in 2023. In other words, the purchasing power of €100 in 1995 equals €330.22 today. The average annual inflation rate between these periods has been 4.36%.

Inflation timeline in Slovakia (1995 - 2023)

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 1995-2022 210.25%
Cumulative inflation 1995-today 230.22%
Avg. Annual inflation 1995-2022 4.28%
CPI 1995 40.54
CPI 2022 125.78
CPI 2022-12 (latest official data) 132.2
CPI today 133.88

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 2022, use the corresponding CPI values:

Value2022
=Value1995 ×
CPI2022/CPI1995
=€ 100 ×
125.78/40.54
€310.25

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 133.88:

Valuetoday
=Value1995 ×
CPItoday/CPI1995
=€ 100 ×
133.88/40.54
€330.22

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 27 years between 1995 and 2022 and the average inflation rate was 4.2825%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=€100 × (1 + 0.042825)27
€310.25

Slovakia inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1995 €3.1 euro in 2022
€5 euro in 1995 €15.51 euro in 2022
€10 euro in 1995 €31.02 euro in 2022
€50 euro in 1995 €155.12 euro in 2022
€100 euro in 1995 €310.25 euro in 2022
€500 euro in 1995 €1,551.23 euro in 2022
€1,000 euro in 1995 €3,102.47 euro in 2022
€5,000 euro in 1995 €15,512.34 euro in 2022
€10,000 euro in 1995 €31,024.69 euro in 2022
€50,000 euro in 1995 €155,123.44 euro in 2022
€100,000 euro in 1995 €310,246.89 euro in 2022
€500,000 euro in 1995 €1,551,234.43 euro in 2022
€1,000,000 euro in 1995 €3,102,468.87 euro in 2022
Cumulative inflation From 1995 230.22%
Avg. annual inflation From 1995 4.36%
CPI 1995 40.54
CPI today 133.88

Value of Euro over time (by year)

Period Value
1995 100
1996 105.78
1997 112.27
1998 119.76
1999 132.42
2000 148.35
2001 159.23
2002 164.21
2003 178.25
2004 191.71
2005 196.9
2006 205.73
2007 211.4
2008 221.12
2009 224.69
2010 226.84
2011 235.73
2012 244.23
2013 247.65
2014 247.46
2015 246.66
2016 245.38
2017 248.6
2018 254.85
2019 261.64
2020 266.7
2021 275.1
2022 310.25
2022-12 326.1
Today 330.22

All available years

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

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 |

Other currencies: