Value of 1992 Euro today

€100 in 1992
€198.18 in 2024

The inflation rate in the Eurozone between 1992 and today has been 98.18%, which translates into a total increase of €98.18. This means that 100 euro in 1992 are equivalent to 198.18 euro in 2024. In other words, the purchasing power of €100 in 1992 equals €198.18 today. The average annual inflation rate between these periods has been 2.16%.

Inflation timeline in the Eurozone (1992 - 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 1992-2023 93.06%
Cumulative inflation 1992-today 98.18%
Avg. Annual inflation 1992-2023 2.14%
CPI 1992 63.8
CPI 2023 123.17
CPI 2024-04 (latest official data) 126.05
CPI today 126.44

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 1992 and 2023, use the corresponding CPI values:

Value2023
=Value1992 ×
CPI2023/CPI1992
=€ 100 ×
123.17/63.8
€193.06

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 126.44:

Valuetoday
=Value1992 ×
CPItoday/CPI1992
=€ 100 ×
126.44/63.8
€198.18

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 1992 and 2023 and the average inflation rate was 2.1447%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.021447)31
€193.06

Eurozone inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1992 €1.93 euro in 2023
€5 euro in 1992 €9.65 euro in 2023
€10 euro in 1992 €19.31 euro in 2023
€50 euro in 1992 €96.53 euro in 2023
€100 euro in 1992 €193.06 euro in 2023
€500 euro in 1992 €965.29 euro in 2023
€1,000 euro in 1992 €1,930.59 euro in 2023
€5,000 euro in 1992 €9,652.94 euro in 2023
€10,000 euro in 1992 €19,305.87 euro in 2023
€50,000 euro in 1992 €96,529.36 euro in 2023
€100,000 euro in 1992 €193,058.73 euro in 2023
€500,000 euro in 1992 €965,293.63 euro in 2023
€1,000,000 euro in 1992 €1,930,587.26 euro in 2023
Cumulative inflation From 1992 98.18%
Avg. annual inflation From 1992 2.16%
CPI 1992 63.8
CPI today 126.44

Value of Euro over time (by year)

Period Value
1992 100
1993 103.38
1994 106.31
1995 109.02
1996 111.58
1997 113.48
1998 114.87
1999 116.22
2000 118.76
2001 121.65
2002 124.41
2003 127.04
2004 129.81
2005 132.67
2006 135.6
2007 138.54
2008 143.18
2009 143.67
2010 145.97
2011 149.94
2012 153.7
2013 155.79
2014 156.44
2015 156.74
2016 157.1
2017 159.52
2018 162.31
2019 164.25
2020 164.66
2021 168.92
2022 183.12
2023 193.06
2024-04 197.57
Today 198.18

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: