Value of 1982 Euro (Spain) today

€100 in 1982

€429.04 in 2019

The inflation rate in Spain between 1982 and today has been 329.04%, which translates into a total increase of €329.04. This means that 100 euro in 1982 are equivalent to 429.04 euro in 2019. In other words, the purchasing power of €100 in 1982 equals €429.04 today. The average annual inflation rate has been 3.91%.

Inflation timeline in Spain (1982-2019)

The following chart depicts the equivalence of €100 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1982-2019) 328.87%
Total Inflation* 329.04%
Annual inflation avg. (1982-2019) 4.01%
Annual inflation avg.* 3.91%
CPI 1982 24.29
CPI 2019 104.19
CPI today* 104.23
€1 in 1982 €4.29 in 2019

* Values extrapolated from the last official data to obtain today's values.

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 compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 37 years between 1982 and 2019 and the average inflation rate has been 3.907%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)37 = €428.87

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1982 was 24.29 and the CPI today is 104.23. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.19/24.29
= €428.87

Spain inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1982 €4.29 euro today
€5 euro in 1982 €21.45 euro today
€10 euro in 1982 €42.9 euro today
€50 euro in 1982 €214.52 euro today
€100 euro in 1982 €429.04 euro today
€500 euro in 1982 €2,145.21 euro today
€1,000 euro in 1982 €4,290.41 euro today
€5,000 euro in 1982 €21,452.07 euro today
€10,000 euro in 1982 €42,904.14 euro today
€50,000 euro in 1982 €214,520.71 euro today
€100,000 euro in 1982 €429,041.42 euro today
€500,000 euro in 1982 €2,145,207.1 euro today
€1,000,000 euro in 1982 €4,290,414.19 euro today

Value of Euro in time (by year)

Period Value
1982 100
1983 114.01
1984 127.94
1985 139.49
1986 150.9
1987 163.35
1988 170.86
1989 180.85
1990 193.3
1991 205.96
1992 217.34
1993 228.97
1994 240.24
1995 250.66
1996 261.49
1997 269.89
1998 275.33
1999 279.2
2000 287.34
2001 298.71
2002 306.8
2003 319.06
2004 327.37
2005 337.94
2006 350.56
2007 359.91
2008 375.1
2009 380.47
2010 383.49
2011 394.95
2012 404.34
2013 415.94
2014 416.99
2015 412.65
2016 412.72
2017 419.19
2018 423.86
2019 428.87
Today 429.04