Value of 2002 Euro today

€250,000 in 2002
€400,350.4 in 2025

The inflation rate in the Eurozone between 2002 and today has been 60.14%, which translates into a total increase of €150,350.4. This means that 250,000 euro in 2002 are equivalent to 400,350.4 euro in 2022. In other words, the purchasing power of €250,000 in 2002 equals €400,350.4 today. The average annual inflation rate between these periods has been 2.27%.

Inflation timeline in the Eurozone (2002 - 2025)

The following chart depicts the equivalence of €250,000 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 2002-2022 47.2%
Cumulative inflation 2002-today 60.14%
Avg. Annual inflation 2002-2022 1.95%
CPI 2002 79.37
CPI 2022 116.83
CPI 2025-01 (latest official data) 126.73
CPI today 127.1

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 2002 and 2022, use the corresponding CPI values:

Value2022
=Value2002 ×
CPI2022/CPI2002
=€ 250,000 ×
116.83/79.37
€367,991.68

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 127.1:

Valuetoday
=Value2002 ×
CPItoday/CPI2002
=€ 250,000 ×
127.1/79.37
€400,350.4

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 €250,000 worth today. There are 20 years between 2002 and 2022 and the average inflation rate was 1.9518%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=€250,000 × (1 + 0.019518)20
€367,991.68

Eurozone inflation - Conversion table

Initial Value Equivalent value
€1 euro in 2002 €1.47 euro in 2022
€5 euro in 2002 €7.36 euro in 2022
€10 euro in 2002 €14.72 euro in 2022
€50 euro in 2002 €73.6 euro in 2022
€100 euro in 2002 €147.2 euro in 2022
€500 euro in 2002 €735.98 euro in 2022
€1,000 euro in 2002 €1,471.97 euro in 2022
€5,000 euro in 2002 €7,359.83 euro in 2022
€10,000 euro in 2002 €14,719.67 euro in 2022
€50,000 euro in 2002 €73,598.34 euro in 2022
€100,000 euro in 2002 €147,196.67 euro in 2022
€500,000 euro in 2002 €735,983.37 euro in 2022
€1,000,000 euro in 2002 €1,471,966.74 euro in 2022
Cumulative inflation From 2002 60.14%
Avg. annual inflation From 2002 2.27%
CPI 2002 79.37
CPI today 127.1

Value of Euro over time (by year)

Period Value
2002 250,000
2003 255,291.67
2004 260,866.83
2005 266,599.47
2006 272,489.61
2007 278,411.24
2008 287,734.66
2009 288,711.1
2010 293,341.31
2011 301,310.32
2012 308,869.85
2013 313,059.09
2014 314,382.01
2015 314,980.47
2016 315,704.93
2017 320,555.63
2018 326,162.28
2019 330,068.04
2020 330,886.99
2021 339,454.45
2022 367,991.68
2025-01 399,174.75
Today 400,350.4

All available years

Today's value of euro by year:

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 | 2024 |

Other currencies: