Value of 1990 Euro today

€100 in 1990
€214.63 in 2024

The inflation rate in the Eurozone between 1990 and today has been 114.63%, which translates into a total increase of €114.63. This means that 100 euro in 1990 are equivalent to 214.63 euro in 2024. In other words, the purchasing power of €100 in 1990 equals €214.63 today. The average annual inflation rate between these periods has been 2.27%.

Inflation timeline in the Eurozone (1990 - 2024)

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 1990-2023 108.98%
Cumulative inflation 1990-today 114.63%
Avg. Annual inflation 1990-2023 2.26%
CPI 1990 58.94
CPI 2023 123.17
CPI 2024-05 (latest official data) 126.32
CPI today 126.5

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 2023, use the corresponding CPI values:

Value2023
=Value1990 ×
CPI2023/CPI1990
=€ 100 ×
123.17/58.94
€208.98

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 126.5:

Valuetoday
=Value1990 ×
CPItoday/CPI1990
=€ 100 ×
126.5/58.94
€214.63

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 33 years between 1990 and 2023 and the average inflation rate was 2.2587%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.022587)33
€208.98

Eurozone inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1990 €2.09 euro in 2023
€5 euro in 1990 €10.45 euro in 2023
€10 euro in 1990 €20.9 euro in 2023
€50 euro in 1990 €104.49 euro in 2023
€100 euro in 1990 €208.98 euro in 2023
€500 euro in 1990 €1,044.92 euro in 2023
€1,000 euro in 1990 €2,089.83 euro in 2023
€5,000 euro in 1990 €10,449.17 euro in 2023
€10,000 euro in 1990 €20,898.35 euro in 2023
€50,000 euro in 1990 €104,491.75 euro in 2023
€100,000 euro in 1990 €208,983.49 euro in 2023
€500,000 euro in 1990 €1,044,917.45 euro in 2023
€1,000,000 euro in 1990 €2,089,834.91 euro in 2023
Cumulative inflation From 1990 114.63%
Avg. annual inflation From 1990 2.27%
CPI 1990 58.94
CPI today 126.5

Value of Euro over time (by year)

Period Value
1990 100
1991 104.32
1992 108.25
1993 111.91
1994 115.08
1995 118.02
1996 120.78
1997 122.84
1998 124.35
1999 125.81
2000 128.56
2001 131.68
2002 134.67
2003 137.52
2004 140.52
2005 143.61
2006 146.78
2007 149.97
2008 154.99
2009 155.52
2010 158.01
2011 162.31
2012 166.38
2013 168.64
2014 169.35
2015 169.67
2016 170.06
2017 172.67
2018 175.69
2019 177.8
2020 178.24
2021 182.85
2022 198.23
2023 208.98
2024-05 214.33
Today 214.63

All available years

Today's value of euro by year:

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 | 2022 | 2023 |

Other currencies: