Value of 1990 Euro (Spain) today

€100 in 1990
€242.5 in 2022

The inflation rate in Spain between 1990 and today has been 142.5%, which translates into a total increase of €142.5. This means that 100 euro in 1990 are equivalent to 242.5 euro in 2022. In other words, the purchasing power of €100 in 1990 equals €242.5 today. The average annual inflation rate between these periods has been 2.81%.

Inflation timeline in Spain (1990 - 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 1990-2021 119.81%
Cumulative inflation 1990-today 142.5%
Avg. Annual inflation 1990-2021 2.57%
CPI 1990 48.7
CPI 2021 107.05
CPI 2022-10 (latest official data) 117.62
CPI today 118.11

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 1990 and 2021, use the corresponding CPI values:

Value2021
=Value1990 ×
CPI2021/CPI1990
=€ 100 ×
107.05/48.7
€219.81

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 118.11:

Valuetoday
=Value1990 ×
CPItoday/CPI1990
=€ 100 ×
118.11/48.7
€242.5

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 31 years between 1990 and 2021 and the average inflation rate was 2.5732%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.025732)31
€219.81

Spain inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1990 €2.2 euro in 2021
€5 euro in 1990 €10.99 euro in 2021
€10 euro in 1990 €21.98 euro in 2021
€50 euro in 1990 €109.9 euro in 2021
€100 euro in 1990 €219.81 euro in 2021
€500 euro in 1990 €1,099.04 euro in 2021
€1,000 euro in 1990 €2,198.09 euro in 2021
€5,000 euro in 1990 €10,990.44 euro in 2021
€10,000 euro in 1990 €21,980.88 euro in 2021
€50,000 euro in 1990 €109,904.41 euro in 2021
€100,000 euro in 1990 €219,808.81 euro in 2021
€500,000 euro in 1990 €1,099,044.06 euro in 2021
€1,000,000 euro in 1990 €2,198,088.12 euro in 2021
Cumulative inflation From 1990 142.5%
Avg. annual inflation From 1990 2.81%
CPI 1990 48.7
CPI today 118.11

Value of Euro over time (by year)

Period Value
1990 100
1991 105.93
1992 112.21
1993 117.34
1994 122.87
1995 128.62
1996 133.19
1997 135.82
1998 138.31
1999 141.51
2000 146.36
2001 151.62
2002 156.27
2003 161.02
2004 165.91
2005 171.5
2006 177.53
2007 182.48
2008 189.91
2009 189.37
2010 192.77
2011 198.93
2012 203.8
2013 206.67
2014 206.36
2015 205.33
2016 204.91
2017 208.92
2018 212.42
2019 213.9
2020 213.21
2021 219.81
2022-10 241.5
Today 242.5

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: