# €1 in 2010 is worth €0.98 in 2009

## Value of €1 from 2010 to 2009

€1 in 2010 is equivalent in purchasing power to about €0.98 in 2009. The euro had an average inflation rate of 1.61% per year between 2009 and 2010, producing a cumulative price increase of -1.59%.

This means that prices in 2009 are 1.59% lower than average prices since 2010, according to the European Central Bank consumer price index.

The 2009 inflation rate was 0.32%. The inflation rate in 2010 was 1.61%. The 2010 inflation rate is higher compared to the average inflation rate of 1.21% per year between 2010 and 2021.

 Average inflation rate 1.61% Converted amount (€1 base) €0.98 Price difference (€1 base) €-0.02 CPI in 2010 93.280 CPI in 2009 91.798 Inflation in 2009 0.32% Inflation in 2010 1.61% €1 in 2010 €0.98 in 2009

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

## How to Calculate Inflation Rate for €1, 2009 to 2010

Our calculations use the following inflation rate formula to calculate the change in value between 2009 and 2010:

CPI in 2009 CPI in 2010
×
2010 EUR value
=
2009 EUR value

Then plug in historical CPI values. The Euro CPI was 93.28 in the year 2010 and 91.79833333 in 2009:

91.7983333393.28
×
€1
=
€0.98

€1 in 2010 has the same "purchasing power" or "buying power" as €0.98 in 2009.

To get the total inflation rate for the 1 years between 2009 and 2010, we use the following formula:

CPI in 2009 - CPI in 2010CPI in 2010
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

91.79833333 - 93.2893.28
×
100
=
-2%

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

• The Copiapo mining accident in Chile ends, after 33 miners resurface having spent 69 days trapped in the ruins.
• Big Haiti earthquake kills 230,000 people and leaves most of Port-au-Prince, its capital, in ruins.
• An explosion on the Deepwater Horizon (a drilling rig), kills 11 people and spills a massive amount of oil into the Gulf of Mexico.
• The US army abolishes the "Don't Ask Don't Tell" policy, which had banned homosexuals from openly serving in the US military.

## 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: “€1 in 2010 → 2009 | Euro Inflation Calculator.” Official Inflation Data, Alioth Finance, 21 Jun. 2021, https://www.officialdata.org/europe/inflation/2010?amount=1&endYear=2009.

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.