Value of 2000 Euro (Slovakia) today

€100 in 2000
€236.97 in 2024

The inflation rate in Slovakia between 2000 and today has been 136.97%, which translates into a total increase of €136.97. This means that 100 euro in 2000 are equivalent to 236.97 euro in 2024. In other words, the purchasing power of €100 in 2000 equals €236.97 today. The average annual inflation rate between these periods has been 3.66%.

Inflation timeline in Slovakia (2000 - 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 2000-2023 131.15%
Cumulative inflation 2000-today 136.97%
Avg. Annual inflation 2000-2023 3.71%
CPI 2000 60.14
CPI 2023 139.03
CPI 2024-04 (latest official data) 142.3
CPI today 142.52

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 2000 and 2023, use the corresponding CPI values:

Value2023
=Value2000 ×
CPI2023/CPI2000
=€ 100 ×
139.03/60.14
€231.15

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 142.52:

Valuetoday
=Value2000 ×
CPItoday/CPI2000
=€ 100 ×
142.52/60.14
€236.97

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 23 years between 2000 and 2023 and the average inflation rate was 3.7103%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.037103)23
€231.15

Slovakia inflation - Conversion table

Initial Value Equivalent value
€1 euro in 2000 €2.31 euro in 2023
€5 euro in 2000 €11.56 euro in 2023
€10 euro in 2000 €23.12 euro in 2023
€50 euro in 2000 €115.58 euro in 2023
€100 euro in 2000 €231.15 euro in 2023
€500 euro in 2000 €1,155.77 euro in 2023
€1,000 euro in 2000 €2,311.54 euro in 2023
€5,000 euro in 2000 €11,557.69 euro in 2023
€10,000 euro in 2000 €23,115.39 euro in 2023
€50,000 euro in 2000 €115,576.94 euro in 2023
€100,000 euro in 2000 €231,153.88 euro in 2023
€500,000 euro in 2000 €1,155,769.41 euro in 2023
€1,000,000 euro in 2000 €2,311,538.81 euro in 2023
Cumulative inflation From 2000 136.97%
Avg. annual inflation From 2000 3.66%
CPI 2000 60.14
CPI today 142.52

Value of Euro over time (by year)

Period Value
2000 100
2001 107.33
2002 110.69
2003 120.15
2004 129.22
2005 132.72
2006 138.68
2007 142.5
2008 149.05
2009 151.46
2010 152.91
2011 158.9
2012 164.63
2013 166.94
2014 166.81
2015 166.27
2016 165.4
2017 167.57
2018 171.78
2019 176.36
2020 179.78
2021 185.44
2022 209.13
2023 231.15
2024-04 236.6
Today 236.97

All available years

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

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: