Inflation calculator - Euro

€100 in 2015
€107.77 in 2021

The inflation rate in the Eurozone between 2015 and 2021 was 7.77%, which translates into a total increase of €7.77. This means that 100 euro in 2015 are equivalent to 107.77 euro in 2021. In other words, the purchasing power of €100 in 2015 equals €107.77 in 2021. The average annual inflation rate between these periods was 1.25%.

Inflation timeline in the Eurozone (2015 - 2021)

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.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 2015 to 2021 7.77%
Avg. Annual inflation from 2015 to 2021 1.25%
CPI 2015 100
CPI 2021 107.77

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 2015 and 2021, use the corresponding CPI values:

Value2021
=Value2015 ×
CPI2021/CPI2015
=€ 100 ×
107.77/100
€107.77

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 6 years between 2015 and 2021 and the average inflation rate was 1.255%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.01255)6
€107.77

Eurozone inflation - Conversion table

Initial Value Equivalent value
€1 euro in 2015 €1.08 euro in 2021
€5 euro in 2015 €5.39 euro in 2021
€10 euro in 2015 €10.78 euro in 2021
€50 euro in 2015 €53.89 euro in 2021
€100 euro in 2015 €107.77 euro in 2021
€500 euro in 2015 €538.85 euro in 2021
€1,000 euro in 2015 €1,077.7 euro in 2021
€5,000 euro in 2015 €5,388.5 euro in 2021
€10,000 euro in 2015 €10,777 euro in 2021
€50,000 euro in 2015 €53,885 euro in 2021
€100,000 euro in 2015 €107,770 euro in 2021
€500,000 euro in 2015 €538,850 euro in 2021
€1,000,000 euro in 2015 €1,077,700 euro in 2021
Cumulative inflation 2015-2021 7.77%
Avg. annual inflation 2015-2021 1.25%
CPI 2015 100
CPI 2021 107.77

Value of Euro over time (by year)

Period Value
2015 100
2016 100.23
2017 101.77
2018 103.55
2019 104.79
2020 105.05
2021 107.77

All available years

Today's value of euro by year:

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: