Value of €1 from 2021 to 2019
€1 in 2021 is equivalent in purchasing power to about €0.96 in 2019, an increase of €-0.04 over 2 years. The euro had an average inflation rate of 1.82% per year between 2019 and 2021, producing a cumulative price increase of -3.53%.
This means that prices in 2019 are 3.53% lower than average prices since 2021, according to the European Central Bank consumer price index.
The inflation rate in 2019 was 1.47%. The inflation rate in 2021 was 2.90%. The 2021 inflation rate is lower compared to the average inflation rate of 4.11% per year between 2021 and 2026.
⌃
| Cumulative price change | -3.53% |
| Average inflation rate | 1.82% |
|
Converted amount
€1 base | €0.96 |
|
Price difference
€1 base | €-0.04 |
| CPI in 2021 | 109.280 |
| CPI in 2019 | 105.418 |
| Inflation in 2019 | 1.47% |
| Inflation in 2021 | 2.90% |
| €1 in 2021 | €0.96 in 2019 |
Buying power of €1 in 2019
This chart shows a calculation of buying power equivalence for €1 in 2019 (price index tracking began in 1996).
For example, if you started with €1, you would need to end with €0.96 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When €1 is equivalent to €0.96 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 2019 dollars, the chart below shows how €1 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:
This conversion table shows various other 2019 amounts in 2021 euros, based on the -3.53% change in prices:
| Initial value | Equivalent value |
|---|---|
| €1 euro in 2019 | €1.04 euros in 2021 |
| €5 euros in 2019 | €5.18 euros in 2021 |
| €10 euros in 2019 | €10.37 euros in 2021 |
| €50 euros in 2019 | €51.83 euros in 2021 |
| €100 euros in 2019 | €103.66 euros in 2021 |
| €500 euros in 2019 | €518.32 euros in 2021 |
| €1,000 euros in 2019 | €1,036.63 euros in 2021 |
| €5,000 euros in 2019 | €5,183.16 euros in 2021 |
| €10,000 euros in 2019 | €10,366.32 euros in 2021 |
| €50,000 euros in 2019 | €51,831.59 euros in 2021 |
| €100,000 euros in 2019 | €103,663.18 euros in 2021 |
| €500,000 euros in 2019 | €518,315.92 euros in 2021 |
| €1,000,000 euros in 2019 | €1,036,631.83 euros in 2021 |
How to calculate inflation rate for €1, 2019 to 2021
Our calculations use the following inflation rate formula to calculate the change in value between 2019 and 2021:
CPI in 2019CPI in 2021
×
2021 EUR value
=
2019 EUR value
Then plug in historical CPI values. The Euro CPI was 109.28 in the year 2021 and 105.4183333 in 2019:
105.4183333109.28
×
€1
=
€0.96
€1 in 2021 has the same "purchasing power" or "buying power" as €0.96 in 2019.
To get the total inflation rate for the 2 years between 2019 and 2021, we use the following formula:
CPI in 2019 - CPI in 2021CPI in 2021
×
100
=
Cumulative inflation rate (2 years)
Plugging in the values to this equation, we get:
105.4183333 - 109.28109.28
×
100
=
-4%
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 2021 → 2019 | Euro Inflation Calculator.” Official Inflation Data, Alioth Finance, 5 Apr. 2026, https://www.officialdata.org/europe/inflation/2021?amount=1&endYear=2019.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | -3.53% |
| Average inflation rate | 1.82% |
|
Converted amount
€1 base | €0.96 |
|
Price difference
€1 base | €-0.04 |
| CPI in 2021 | 109.280 |
| CPI in 2019 | 105.418 |
| Inflation in 2019 | 1.47% |
| Inflation in 2021 | 2.90% |
| €1 in 2021 | €0.96 in 2019 |