Value of 1975 Euro (Spain) today

€100 in 1975
€1,456.18 in 2024

The inflation rate in Spain between 1975 and today has been 1,356.18%, which translates into a total increase of €1,356.18. This means that 100 euro in 1975 are equivalent to 1,456.18 euro in 2024. In other words, the purchasing power of €100 in 1975 equals €1,456.18 today. The average annual inflation rate between these periods has been 5.62%.

Inflation timeline in Spain (1975 - 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 1975-2023 1,308.88%
Cumulative inflation 1975-today 1,356.18%
Avg. Annual inflation 1975-2023 5.67%
CPI 1975 8.53
CPI 2023 120.13
CPI 2024-08 (latest official data) 123.87
CPI today 124.17

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 1975 and 2023, use the corresponding CPI values:

Value2023
=Value1975 ×
CPI2023/CPI1975
=€ 100 ×
120.13/8.53
€1,408.88

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 124.17:

Valuetoday
=Value1975 ×
CPItoday/CPI1975
=€ 100 ×
124.17/8.53
€1,456.18

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 48 years between 1975 and 2023 and the average inflation rate was 5.6659%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.056659)48
€1,408.88

Spain inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1975 €14.09 euro in 2023
€5 euro in 1975 €70.44 euro in 2023
€10 euro in 1975 €140.89 euro in 2023
€50 euro in 1975 €704.44 euro in 2023
€100 euro in 1975 €1,408.88 euro in 2023
€500 euro in 1975 €7,044.42 euro in 2023
€1,000 euro in 1975 €14,088.84 euro in 2023
€5,000 euro in 1975 €70,444.18 euro in 2023
€10,000 euro in 1975 €140,888.35 euro in 2023
€50,000 euro in 1975 €704,441.77 euro in 2023
€100,000 euro in 1975 €1,408,883.53 euro in 2023
€500,000 euro in 1975 €7,044,417.67 euro in 2023
€1,000,000 euro in 1975 €14,088,835.34 euro in 2023
Cumulative inflation From 1975 1,356.18%
Avg. annual inflation From 1975 5.62%
CPI 1975 8.53
CPI today 124.17

Value of Euro over time (by year)

Period Value
1975 100
1976 117.62
1977 146.49
1978 175.45
1979 202.93
1980 234.51
1981 268.63
1982 307.35
1983 344.77
1984 383.66
1985 417.48
1986 454.2
1987 478.03
1988 501.16
1989 535.19
1990 571.17
1991 605.06
1992 640.91
1993 670.19
1994 701.81
1995 734.61
1996 760.76
1997 775.75
1998 789.98
1999 808.23
2000 835.99
2001 866
2002 892.54
2003 919.67
2004 947.62
2005 979.54
2006 1,013.98
2007 1,042.24
2008 1,084.71
2009 1,081.59
2010 1,101.06
2011 1,136.25
2012 1,164.04
2013 1,180.44
2014 1,178.65
2015 1,172.76
2016 1,170.38
2017 1,193.27
2018 1,213.26
2019 1,221.75
2020 1,217.8
2021 1,255.47
2022 1,360.81
2023 1,408.88
2024-08 1,452.67
Today 1,456.18

All available years

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

1955 | 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: