Value of 1990 Euro (Italy) today - Inflation Calculator

€100 in 1990

€233.54 in 2024

The inflation rate in Italy between 1990 and today has been 133.54%, which translates into a total increase of €133.54. This means that 100 euro in 1990 are equivalent to 233.54 euro in 2024. In other words, the purchasing power of €100 in 1990 equals €233.54 today. The average annual inflation rate between these periods has been 2.53%.

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	133.54%
Avg. Annual inflation 1990-2023	2.56%
CPI 1990	51.93
CPI 2023	119.61
CPI 2024-10 (latest official data)	121.2
CPI today	121.27

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:

Value_t =Value₀ ×

CPI_t/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 121.27:

Value_today

=Value₁₉₉₀ ×

CPI_today/CPI₁₉₉₀

=€ 100 ×

121.27/51.93

≈€233.54

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	133.54%
Avg. annual inflation From 1990	2.53%
CPI 1990	51.93
CPI today	121.27

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
2024-10	233.4
Today	233.54