Value of 1995 Euro (Spain) today

€100 in 1995

€171.21 in 2019

The inflation rate in Spain between 1995 and today has been 71.21%, which translates into a total increase of €71.21. This means that 100 euro in 1995 are equivalent to 171.21 euro in 2019. In other words, the purchasing power of €100 in 1995 equals €171.21 today. The average annual inflation rate has been 2.17%.

Inflation timeline in Spain (1995-2019)

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 (1995-2019) 71.09%
Total Inflation* 71.21%
Annual inflation avg. (1995-2019) 2.26%
Annual inflation avg.* 2.17%
CPI 1995 60.9
CPI 2019 104.19
CPI today* 104.27
€1 in 1995 €1.71 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 24 years between 1995 and 2019 and the average inflation rate has been 2.1742%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)24 = €171.09

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 1995 was 60.9 and the CPI today is 104.27. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.19/60.9
= €171.09

Spain inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1995 €1.71 euro today
€5 euro in 1995 €8.56 euro today
€10 euro in 1995 €17.12 euro today
€50 euro in 1995 €85.61 euro today
€100 euro in 1995 €171.21 euro today
€500 euro in 1995 €856.06 euro today
€1,000 euro in 1995 €1,712.13 euro today
€5,000 euro in 1995 €8,560.63 euro today
€10,000 euro in 1995 €17,121.25 euro today
€50,000 euro in 1995 €85,606.26 euro today
€100,000 euro in 1995 €171,212.51 euro today
€500,000 euro in 1995 €856,062.55 euro today
€1,000,000 euro in 1995 €1,712,125.11 euro today

Value of Euro in time (by year)

Period Value
1995 100
1996 104.32
1997 107.67
1998 109.84
1999 111.38
2000 114.63
2001 119.17
2002 122.39
2003 127.29
2004 130.6
2005 134.82
2006 139.85
2007 143.58
2008 149.64
2009 151.78
2010 152.99
2011 157.56
2012 161.31
2013 165.94
2014 166.35
2015 164.62
2016 164.65
2017 167.23
2018 169.09
2019 171.09
Today 171.21