Value of 2000 Euro (Portugal) today

€100 in 2000

€165.89 in 2024

The inflation rate in Portugal between 2000 and today has been 65.89%, which translates into a total increase of €65.89. This means that 100 euro in 2000 are equivalent to 165.89 euro in 2024. In other words, the purchasing power of €100 in 2000 equals €165.89 today. The average annual inflation rate between these periods has been 2.13%.

Inflation timeline in Portugal (2000 - 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 2000-2023	60.43%
Cumulative inflation 2000-today	65.89%
Avg. Annual inflation 2000-2023	2.08%
CPI 2000	73.37
CPI 2023	117.7
CPI 2024-11 (latest official data)	121.46
CPI today	121.7

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 2000 and 2023, use the corresponding CPI values:

Value₂₀₂₃

=Value₂₀₀₀ ×

CPI₂₀₂₃/CPI₂₀₀₀

=€ 100 ×

117.7/73.37

≈€160.43

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 121.7:

Value_today

=Value₂₀₀₀ ×

CPI_today/CPI₂₀₀₀

=€ 100 ×

121.7/73.37

≈€165.89

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 23 years between 2000 and 2023 and the average inflation rate was 2.0765%. Therefore, we can resolve the formula like this:

Value₂₀₂₃

=PV × (1 + i)ⁿ

=€100 × (1 + 0.020765)²³

≈€160.43

Portugal inflation - Conversion table

Initial Value		Equivalent value
€1 euro in 2000	→	€1.6 euro in 2023
€5 euro in 2000	→	€8.02 euro in 2023
€10 euro in 2000	→	€16.04 euro in 2023
€50 euro in 2000	→	€80.22 euro in 2023
€100 euro in 2000	→	€160.43 euro in 2023
€500 euro in 2000	→	€802.16 euro in 2023
€1,000 euro in 2000	→	€1,604.32 euro in 2023
€5,000 euro in 2000	→	€8,021.62 euro in 2023
€10,000 euro in 2000	→	€16,043.23 euro in 2023
€50,000 euro in 2000	→	€80,216.17 euro in 2023
€100,000 euro in 2000	→	€160,432.33 euro in 2023
€500,000 euro in 2000	→	€802,161.67 euro in 2023
€1,000,000 euro in 2000	→	€1,604,323.34 euro in 2023

Cumulative inflation From 2000	65.89%
Avg. annual inflation From 2000	2.13%
CPI 2000	73.37
CPI today	121.7

Value of Euro over time (by year)

Period	Value
2000	100
2001	104.37
2002	108.13
2003	111.61
2004	114.25
2005	116.85
2006	120.48
2007	123.44
2008	126.63
2009	125.57
2010	127.34
2011	131.99
2012	135.65
2013	136.02
2014	135.64
2015	136.3
2016	137.13
2017	139.01
2018	140.39
2019	140.86
2020	140.85
2021	142.63
2022	153.8
2023	160.43
2024-11	165.55
Today	165.89