Value of 1990 Euro (Italy) today

€100 in 1990
€233.41 in 2024

The inflation rate in Italy between 1990 and today has been 133.41%, which translates into a total increase of €133.41. This means that 100 euro in 1990 are equivalent to 233.41 euro in 2024. In other words, the purchasing power of €100 in 1990 equals €233.41 today. The average annual inflation rate between these periods has been 2.52%.

Inflation timeline in Italy (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 130.34%
Cumulative inflation 1990-today 133.41%
Avg. Annual inflation 1990-2023 2.56%
CPI 1990 51.93
CPI 2023 119.61
CPI 2024-11 (latest official data) 121.1
CPI today 121.2

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 ×
119.61/51.93
€230.34

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 121.2:

Valuetoday
=Value1990 ×
CPItoday/CPI1990
=€ 100 ×
121.2/51.93
€233.41

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 2.5606%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.025606)33
€230.34

Italy inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1990 €2.3 euro in 2023
€5 euro in 1990 €11.52 euro in 2023
€10 euro in 1990 €23.03 euro in 2023
€50 euro in 1990 €115.17 euro in 2023
€100 euro in 1990 €230.34 euro in 2023
€500 euro in 1990 €1,151.68 euro in 2023
€1,000 euro in 1990 €2,303.36 euro in 2023
€5,000 euro in 1990 €11,516.8 euro in 2023
€10,000 euro in 1990 €23,033.6 euro in 2023
€50,000 euro in 1990 €115,167.98 euro in 2023
€100,000 euro in 1990 €230,335.95 euro in 2023
€500,000 euro in 1990 €1,151,679.76 euro in 2023
€1,000,000 euro in 1990 €2,303,359.51 euro in 2023
Cumulative inflation From 1990 133.41%
Avg. annual inflation From 1990 2.52%
CPI 1990 51.93
CPI today 121.2

Value of Euro over time (by year)

Period Value
1990 100
1991 106.25
1992 111.85
1993 117.03
1994 121.77
1995 128.14
1996 133.28
1997 136
1998 138.66
1999 140.96
2000 144.54
2001 148.57
2002 152.23
2003 156.3
2004 159.75
2005 162.92
2006 166.33
2007 169.37
2008 175.04
2009 176.4
2010 179.09
2011 184.07
2012 189.66
2013 191.98
2014 192.44
2015 192.52
2016 192.33
2017 194.69
2018 196.91
2019 198.11
2020 197.84
2021 201.55
2022 218.08
2023 230.34
2024-11 233.21
Today 233.41

All available years

Today's value of euro (Italy) by year:

1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 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: