Value of 1980 Euro (Spain) today

€100 in 1980
€590.87 in 2022

The inflation rate in Spain between 1980 and today has been 490.87%, which translates into a total increase of €490.87. This means that 100 euro in 1980 are equivalent to 590.87 euro in 2022. In other words, the purchasing power of €100 in 1980 equals €590.87 today. The average annual inflation rate between these periods has been 4.32%.

Inflation timeline in Spain (1980 - 2022)

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 1980-2021 435.36%
Cumulative inflation 1980-today 490.87%
Avg. Annual inflation 1980-2021 4.18%
CPI 1980 20
CPI 2021 107.05
CPI 2022-10 (latest official data) 117.62
CPI today 118.15

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 1980 and 2021, use the corresponding CPI values:

Value2021
=Value1980 ×
CPI2021/CPI1980
=€ 100 ×
107.05/20
€535.36

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 118.15:

Valuetoday
=Value1980 ×
CPItoday/CPI1980
=€ 100 ×
118.15/20
€590.87

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 41 years between 1980 and 2021 and the average inflation rate was 4.177%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.04177)41
€535.36

Spain inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1980 €5.35 euro in 2021
€5 euro in 1980 €26.77 euro in 2021
€10 euro in 1980 €53.54 euro in 2021
€50 euro in 1980 €267.68 euro in 2021
€100 euro in 1980 €535.36 euro in 2021
€500 euro in 1980 €2,676.8 euro in 2021
€1,000 euro in 1980 €5,353.6 euro in 2021
€5,000 euro in 1980 €26,768 euro in 2021
€10,000 euro in 1980 €53,536 euro in 2021
€50,000 euro in 1980 €267,679.98 euro in 2021
€100,000 euro in 1980 €535,359.96 euro in 2021
€500,000 euro in 1980 €2,676,799.78 euro in 2021
€1,000,000 euro in 1980 €5,353,599.56 euro in 2021
Cumulative inflation From 1980 490.87%
Avg. annual inflation From 1980 4.32%
CPI 1980 20
CPI today 118.15

Value of Euro over time (by year)

Period Value
1980 100
1981 114.55
1982 131.06
1983 147.02
1984 163.6
1985 178.02
1986 193.68
1987 203.84
1988 213.7
1989 228.22
1990 243.56
1991 258.01
1992 273.3
1993 285.78
1994 299.27
1995 313.25
1996 324.4
1997 330.8
1998 336.87
1999 344.65
2000 356.48
2001 369.28
2002 380.6
2003 392.17
2004 404.08
2005 417.7
2006 432.38
2007 444.43
2008 462.54
2009 461.21
2010 469.51
2011 484.52
2012 496.37
2013 503.36
2014 502.6
2015 500.09
2016 499.07
2017 508.84
2018 517.36
2019 520.98
2020 519.3
2021 535.36
2022-10 588.18
Today 590.87

All available years

Today's value of euro (Spain) 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 |

Other currencies: