INFLATIONTOOL
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Value of 1990 Euro (Greece) today
€100 in 1990
€380.64 in 2020
The inflation rate in Greece between 1990 and today has been 280.64%, which translates into a total increase of €280.64. This means that 100 euro in 1990 are equivalent to 380.64 euro in 2020. In other words, the purchasing power of €100 in 1990 equals €380.64 today. The average annual inflation rate has been 4.41%.
Standard mode
Amount (€)
Total Food Energy
Inflation timeline in Greece (1990-2020)
The following chart depicts the equivalence of €100 throughout the years due to 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 obtained by estimating figures from recent trends.
The following table contains relevant indicators:
Total Inflation (1990-2020) 280.68%
Total Inflation* 280.64%
Annual inflation avg. (1990-2020) 4.56%
Annual inflation avg.* 4.41%
CPI 1990 26.58
CPI 2020 101.17
CPI today* 101.16
€1 in 1990 €3.81 in 2020
* Values extrapolated from the last official data to obtain today's values.
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 compound interest formula or the Consumer Price Index (CPI) formula.
Using the compound interest formula
Given that money changes with time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 30 years between 1990 and 2020 and the average inflation rate has been 4.4062%. Therefore, we can resolve the formula like this:
FV = PV (1 + i)n = €100 * (1 + 0.04)30 = €380.68
Using the CPI formula
When the CPI for both start and end years is known, the following formula can be used:
Final value = Initial value *
CPI final/CPI initial
In this case, the CPI in 1990 was 26.58 and the CPI today is 101.16. Therefore,
= €100 *
101.17/26.58
= €380.68
Greece inflation - Conversion table
Equivalent value
€1 euro in 1990 €3.81 euro today
€5 euro in 1990 €19.03 euro today
€10 euro in 1990 €38.06 euro today
€50 euro in 1990 €190.32 euro today
€100 euro in 1990 €380.64 euro today
€500 euro in 1990 €1,903.22 euro today
€1,000 euro in 1990 €3,806.44 euro today
€5,000 euro in 1990 €19,032.18 euro today
€10,000 euro in 1990 €38,064.37 euro today
€50,000 euro in 1990 €190,321.83 euro today
€100,000 euro in 1990 €380,643.66 euro today
€500,000 euro in 1990 €1,903,218.32 euro today
€1,000,000 euro in 1990 €3,806,436.63 euro today
Value of Euro over time (by year)
Today 380.64
All available years - euro (Greece):
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
Other currencies:
Euro (Austria)
Euro (Belgium)
Euro (Estonia)
Euro (Finland)
Euro (France)
Euro (Greece)
Euro (Germany)
Euro (Ireland)
Euro (Italy)
Euro (Latvia)
Euro (Lithuania)
Euro (Luxembourg)
Euro (Netherlands)
Euro (Portugal)
Euro (Slovenia)
Euro (Spain)
Euro (Switzerland)
Hungarian Forints
Indonesian Ruphia
©Inflation Tool 2020.