Value of 1998 Euro (Slovenia) today

€100 in 1998
€232.17 in 2024

The inflation rate in Slovenia between 1998 and today has been 132.17%, which translates into a total increase of €132.17. This means that 100 euro in 1998 are equivalent to 232.17 euro in 2024. In other words, the purchasing power of €100 in 1998 equals €232.17 today. The average annual inflation rate between these periods has been 3.29%.

Inflation timeline in Slovenia (1998 - 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 1998-2023 129.86%
Cumulative inflation 1998-today 132.17%
Avg. Annual inflation 1998-2023 3.39%
CPI 1998 54.32
CPI 2023 124.85
CPI 2024-03 (latest official data) 125.95
CPI today 126.11

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 1998 and 2023, use the corresponding CPI values:

Value2023
=Value1998 ×
CPI2023/CPI1998
=€ 100 ×
124.85/54.32
€229.86

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 126.11:

Valuetoday
=Value1998 ×
CPItoday/CPI1998
=€ 100 ×
126.11/54.32
€232.17

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 25 years between 1998 and 2023 and the average inflation rate was 3.3852%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.033852)25
€229.86

Slovenia inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1998 €2.3 euro in 2023
€5 euro in 1998 €11.49 euro in 2023
€10 euro in 1998 €22.99 euro in 2023
€50 euro in 1998 €114.93 euro in 2023
€100 euro in 1998 €229.86 euro in 2023
€500 euro in 1998 €1,149.28 euro in 2023
€1,000 euro in 1998 €2,298.56 euro in 2023
€5,000 euro in 1998 €11,492.79 euro in 2023
€10,000 euro in 1998 €22,985.57 euro in 2023
€50,000 euro in 1998 €114,927.86 euro in 2023
€100,000 euro in 1998 €229,855.72 euro in 2023
€500,000 euro in 1998 €1,149,278.58 euro in 2023
€1,000,000 euro in 1998 €2,298,557.16 euro in 2023
Cumulative inflation From 1998 132.17%
Avg. annual inflation From 1998 3.29%
CPI 1998 54.32
CPI today 126.11

Value of Euro over time (by year)

Period Value
1998 100
1999 106.16
2000 115.62
2001 125.3
2002 134.68
2003 142.14
2004 147.25
2005 150.86
2006 154.57
2007 160.22
2008 169.27
2009 170.69
2010 173.77
2011 176.9
2012 181.49
2013 184.71
2014 185.07
2015 184.1
2016 184
2017 186.63
2018 189.87
2019 192.97
2020 192.86
2021 196.56
2022 213.92
2023 229.86
2024-03 231.87
Today 232.17

All available years

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

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: