# €100 in 2000 is worth €102.41 in 2001

## Value of €100 from 2000 to 2001

According to the European Central Bank consumer price index, prices in 2001 are 2.41% higher than average prices since 2000. The Euro experienced an average inflation rate of 2.41% per year during this period, causing the real value of a euro to decrease.

In other words, €100 in 2000 is equivalent in purchasing power to about €102.41 in 2001.

The 2000 inflation rate was 2.18%. The inflation rate in 2001 was 2.41%. The 2001 inflation rate is higher compared to the average inflation rate of 1.64% per year between 2001 and 2020.

 Average inflation rate 2.41% Converted amount (€100 base) €102.41 Price difference (€100 base) €2.41 CPI in 2000 75.928 CPI in 2001 77.760 Inflation in 2000 2.18% Inflation in 2001 2.41%

EUR Inflation since 1996
Annual Rate, the European Central Bank CPI

## How to Calculate Inflation Rate for €100, 2000 to 2001

Our calculations use the following inflation rate formula to calculate the change in value between 2000 and 2001:

CPI in 2001 CPI in 2000
×
2000 EUR value
=
2001 EUR value

Then plug in historical CPI values. The Euro CPI was 75.9275 in the year 2000 and 77.76 in 2001:

77.7675.9275
×
€100
=
€102.41

€100 in 2000 has the same "purchasing power" or "buying power" as €102.41 in 2001.

To get the total inflation rate for the 1 years between 2000 and 2001, we use the following formula:

CPI in 2001 - CPI in 2000CPI in 2000
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

77.76 - 75.927575.9275
×
100
=
2%

Politics and news often influence economic performance. Here's what was happening at the time:

• Steve Ballmer becomes CEO of Microsoft after Bill Gates steps down.
• Dot-com bubble bursts after NASDAQ Composite stock market index peaks.
• George Bush becomes President of the U.S. in a disputed election that is eventually resolved by the Supreme Court.
• Gisborne, New Zealand becomes the first city to enter the new millennium.

## Data Source & Citation

Raw data for these calculations comes from the European Commission and the European Central Bank's Harmonized Index of Consumer prices (HICP), which is computed based on the reported consumer price indices in member countries of the European Union.

You may use the following MLA citation for this page: “2000 euros in 2001 | Euro Inflation Calculator.” Official Inflation Data, Alioth Finance, 10 Aug. 2020, https://www.officialdata.org/2000-euro-in-2001.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.