# €1 in 2014 is worth €1.00 in 2014

## Value of €1 from 2015 to 2014

According to the European Central Bank consumer price index, prices in 2014 are 0.03% lower than average prices since 2015. The Euro experienced an average inflation rate of 0.03% per year during this period, causing the real value of a euro to decrease.

In other words, €1 in 2015 is equivalent in purchasing power to about €1.00 in 2014.

The 2014 inflation rate was 0.43%. The inflation rate in 2015 was 0.03%. The 2015 inflation rate is lower compared to the average inflation rate of 1.14% per year between 2015 and 2020.

 Average inflation rate 0.03% Converted amount (€1 base) €1.00 Price difference (€1 base) €0.00 CPI in 2015 100.000 CPI in 2014 99.968 Inflation in 2014 0.43% Inflation in 2015 0.03%

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

## How to Calculate Inflation Rate for €1, 2014 to 2015

Our calculations use the following inflation rate formula to calculate the change in value between 2014 and 2015:

CPI in 2014 CPI in 2015
×
2015 EUR value
=
2014 EUR value

Then plug in historical CPI values. The Euro CPI was 100 in the year 2015 and 99.9675 in 2014:

99.9675100
×
€1
=
€1.00

€1 in 2015 has the same "purchasing power" or "buying power" as €1.00 in 2014.

To get the total inflation rate for the 1 years between 2014 and 2015, we use the following formula:

CPI in 2014 - CPI in 2015CPI in 2015
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

99.9675 - 100100
×
100
=
0%

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

• Barack Obama and Raul Castro, hold the first meeting between Cuban and American leaders since the Cuban Revolution.
• The population of India reaches 1 billion (officially). The billionth baby was named Astha Arora.
• Donald Trump announces his intention to join the US presidential campaign.
• China brings an end to its one child policy, 35 years after it was first introduced.

## 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 2015 → 2014 | Euro Inflation Calculator.” Official Inflation Data, Alioth Finance, 31 May. 2020, https://www.officialdata.org/europe/inflation/2015?amount=1&endYear=2014.