Inflation calculator - Euro

€1 in 2011
€1.05 in 2015

The cumulative inflation rate in the Eurozone between 2011 and 2015 was 4.54%, meaning that overall prices were 1.05 times higher than they were in 2011. In other words, the purchasing power of €1 in 2011 was equivalent to €1.05 in 2015. The average annual inflation rate over this period was 1.12%.

Inflation timeline in the Eurozone (2011 - 2015)

The chart below shows how the value of €1 changes over time when adjusted for inflation, based on Consumer Price Index (CPI) data. All values are equivalent in terms of purchasing power, indicating how much money would be needed each year to buy the same goods or services.

All calculations are performed in euro with six-decimal precision, though displayed values are rounded to two decimals for readability. Inflation figures are sourced from official government and international reports released monthly.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 2011 to 2015 4.54%
Avg. Annual inflation from 2011 to 2015 1.12%
CPI 2011 95.66
CPI 2015 100

How to calculate the time value of money with inflation data?

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 2011 and 2015, use the corresponding CPI values:

Value2015
=Value2011 ×
CPI2015/CPI2011
=€ 1 ×
100/95.66
€1.05

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 is €1 worth today. There are 4 years between 2011 and 2015 and the average inflation rate was 1.1154%. Therefore, we can resolve the formula like this:

Value2015
=PV × (1 + i)n
=€1 × (1 + 0.011154)4
€1.05

Eurozone inflation - Conversion table

Initial Value Equivalent value
€1 euro in 2011 €1.05 euro in 2015
€5 euro in 2011 €5.23 euro in 2015
€10 euro in 2011 €10.45 euro in 2015
€50 euro in 2011 €52.27 euro in 2015
€100 euro in 2011 €104.54 euro in 2015
€500 euro in 2011 €522.68 euro in 2015
€1,000 euro in 2011 €1,045.37 euro in 2015
€5,000 euro in 2011 €5,226.85 euro in 2015
€10,000 euro in 2011 €10,453.69 euro in 2015
€50,000 euro in 2011 €52,268.45 euro in 2015
€100,000 euro in 2011 €104,536.9 euro in 2015
€500,000 euro in 2011 €522,684.51 euro in 2015
€1,000,000 euro in 2011 €1,045,369.02 euro in 2015
Cumulative inflation 2011-2015 4.54%
Avg. annual inflation 2011-2015 1.12%
CPI 2011 95.66
CPI 2015 100

Value of Euro over time (by year)

Period Value
2011 1
2012 1.03
2013 1.04
2014 1.04
2015 1.05

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 | 2024 | 2025 |

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