€100 in 2020 is worth €98.57 in 2018

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Value of €100 from 2020 to 2018

€100 in 2020 is equivalent in purchasing power to about €98.57 in 2018, an increase of €-1.43 over 2 years. The euro had an average inflation rate of 0.72% per year between 2018 and 2020, producing a cumulative price increase of -1.43%.

This means that prices in 2018 are 1.43% lower than average prices since 2020, according to the European Central Bank consumer price index.

The 2018 inflation rate was 1.75%. The inflation rate in 2020 was 0.25%. The 2020 inflation rate is lower compared to the average inflation rate of 1.40% per year between 2020 and 2021.

 Cumulative price change -1.43% Average inflation rate 0.72% Converted amount (€100 base) €98.57 Price difference (€100 base) €-1.43 CPI in 2020 105.064 CPI in 2018 103.562 Inflation in 2018 1.75% Inflation in 2020 0.25% €100 in 2020 €98.57 in 2018

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

Buying power of €100 in 2018

This chart shows a calculation of buying power equivalence for €100 in 2018 (price index tracking began in 1996).

For example, if you started with €100, you would need to end with €98.57 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When €100 is equivalent to €98.57 over time, that means that the "real value" of a single Euro euro decreases over time. In other words, a euro will pay for fewer items at the store.

This effect explains how inflation erodes the value of a euro over time. By calculating the value in 2018 dollars, the chart below shows how €100 is worth less over 2 years.

According to the European Central Bank, each of these EUR amounts below is equal in terms of what it could buy at the time:

Euro inflation: 2018-2020
Year Euro Value Inflation Rate
2018 €100.00 1.75%
2019 €101.20 1.20%
2020 €101.45 0.25%
2021 €102.87 1.40%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 2018 amounts in 2020 euros, based on the -1.43% change in prices:

Conversion: 2018 euros in 2020
Initial value Equivalent value
€1 euro in 2018 €1.01 euros in 2020
€5 euros in 2018 €5.07 euros in 2020
€10 euros in 2018 €10.15 euros in 2020
€50 euros in 2018 €50.73 euros in 2020
€100 euros in 2018 €101.45 euros in 2020
€500 euros in 2018 €507.25 euros in 2020
€1,000 euros in 2018 €1,014.50 euros in 2020
€5,000 euros in 2018 €5,072.52 euros in 2020
€10,000 euros in 2018 €10,145.03 euros in 2020
€50,000 euros in 2018 €50,725.17 euros in 2020
€100,000 euros in 2018 €101,450.34 euros in 2020
€500,000 euros in 2018 €507,251.69 euros in 2020
€1,000,000 euros in 2018 €1,014,503.39 euros in 2020

How to Calculate Inflation Rate for €100, 2018 to 2020

Our calculations use the following inflation rate formula to calculate the change in value between 2018 and 2020:

CPI in 2018 CPI in 2020
×
2020 EUR value
=
2018 EUR value

Then plug in historical CPI values. The Euro CPI was 105.064 in the year 2020 and 103.562 in 2018:

103.562105.064
×
€100
=
€98.57

€100 in 2020 has the same "purchasing power" or "buying power" as €98.57 in 2018.

To get the total inflation rate for the 2 years between 2018 and 2020, we use the following formula:

CPI in 2018 - CPI in 2020CPI in 2020
×
100
=
Cumulative inflation rate (2 years)

Plugging in the values to this equation, we get:

103.562 - 105.064105.064
×
100
=
-1%

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: “€100 in 2020 → 2018 | Euro Inflation Calculator.” Official Inflation Data, Alioth Finance, 27 Sep. 2021, https://www.officialdata.org/europe/inflation/2020?amount=100&endYear=2018.

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.