Value of 1983 Euro (Switzerland) today

€100 in 1983

€159.53 in 2018

The inflation rate in Switzerland between 1983 and today has been 59.53%, which translates into a total increase of €59.53. This means that 100 euro in 1983 are equivalent to 159.53 euro in 2018. In other words, the purchasing power of €100 in 1983 equals €159.53 today. The average annual inflation rate has been 1.31%.

Inflation timeline in Switzerland (1983-2018)

The following chart ilustrates the equivalence of €100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 (1983-2018) 58.03%
Total Inflation* 59.53%
Annual inflation avg. (1983-2018) 1.32%
Annual inflation avg.* 1.31%
CPI 1983 63.41
CPI 2018 100.21
CPI today* 101.17
€1 in 1983 €1.58 in 2018

* 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 35 years between 1983 and 2018 and the average inflation rate has been 1.3059%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.01)35 = €158.03

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 1983 was 63.41 and the CPI today is 101.17. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
100.21/63.41
= €158.03

Switzerland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1983 €1.6 euro today
€5 euro in 1983 €7.98 euro today
€10 euro in 1983 €15.95 euro today
€50 euro in 1983 €79.77 euro today
€100 euro in 1983 €159.53 euro today
€500 euro in 1983 €797.67 euro today
€1,000 euro in 1983 €1,595.34 euro today
€5,000 euro in 1983 €7,976.72 euro today
€10,000 euro in 1983 €15,953.43 euro today
€50,000 euro in 1983 €79,767.17 euro today
€100,000 euro in 1983 €159,534.35 euro today
€500,000 euro in 1983 €797,671.74 euro today
€1,000,000 euro in 1983 €1,595,343.48 euro today

Value of Euro in time (by year)

Period Value
1983 100
1984 102.14
1985 105.1
1986 108.51
1987 108.55
1988 110.6
1989 112.75
1990 118.42
1991 124.66
1992 131.18
1993 135.67
1994 139.03
1995 139.62
1996 142.34
1997 143.45
1998 144
1999 143.76
2000 146.16
2001 148.34
2002 148.82
2003 150.15
2004 151.04
2005 153.05
2006 154.59
2007 155.55
2008 158.67
2009 159.78
2010 160.24
2011 161.07
2012 159.92
2013 159.22
2014 159.33
2015 158.81
2016 156.73
2017 156.72
2018 158.03
Today 159.53