Value of 1982 Euro (Luxembourg) today

€100 in 1982
€270 in 2024

The inflation rate in Luxembourg between 1982 and today has been 170%, which translates into a total increase of €170. This means that 100 euro in 1982 are equivalent to 270 euro in 2024. In other words, the purchasing power of €100 in 1982 equals €270 today. The average annual inflation rate between these periods has been 2.39%.

Inflation timeline in Luxembourg (1982 - 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 1982-2023 165.14%
Cumulative inflation 1982-today 170%
Avg. Annual inflation 1982-2023 2.41%
CPI 1982 45.33
CPI 2023 120.18
CPI 2024-11 (latest official data) 122.32
CPI today 122.38

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 1982 and 2023, use the corresponding CPI values:

Value2023
=Value1982 ×
CPI2023/CPI1982
=€ 100 ×
120.18/45.33
€265.14

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 122.38:

Valuetoday
=Value1982 ×
CPItoday/CPI1982
=€ 100 ×
122.38/45.33
€270

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 41 years between 1982 and 2023 and the average inflation rate was 2.4067%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.024067)41
€265.14

Luxembourg inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1982 €2.65 euro in 2023
€5 euro in 1982 €13.26 euro in 2023
€10 euro in 1982 €26.51 euro in 2023
€50 euro in 1982 €132.57 euro in 2023
€100 euro in 1982 €265.14 euro in 2023
€500 euro in 1982 €1,325.68 euro in 2023
€1,000 euro in 1982 €2,651.37 euro in 2023
€5,000 euro in 1982 €13,256.83 euro in 2023
€10,000 euro in 1982 €26,513.66 euro in 2023
€50,000 euro in 1982 €132,568.29 euro in 2023
€100,000 euro in 1982 €265,136.57 euro in 2023
€500,000 euro in 1982 €1,325,682.87 euro in 2023
€1,000,000 euro in 1982 €2,651,365.73 euro in 2023
Cumulative inflation From 1982 170%
Avg. annual inflation From 1982 2.39%
CPI 1982 45.33
CPI today 122.38

Value of Euro over time (by year)

Period Value
1982 100
1983 108.67
1984 115.66
1985 120.4
1986 120.75
1987 120.68
1988 122.42
1989 126.54
1990 130.66
1991 134.74
1992 138.99
1993 143.97
1994 147.13
1995 149.88
1996 151.66
1997 153.73
1998 155.2
1999 156.79
2000 161.73
2001 166.04
2002 169.49
2003 172.96
2004 176.81
2005 181.21
2006 186.04
2007 190.34
2008 196.82
2009 197.54
2010 202.03
2011 208.92
2012 214.49
2013 218.21
2014 219.58
2015 220.62
2016 221.26
2017 225.09
2018 228.53
2019 232.52
2020 234.42
2021 240.35
2022 255.57
2023 265.14
2024-11 269.86
Today 270

All available years

Today's value of euro (Luxembourg) 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: