Result: €100 in 2020 → €118.68 in 2024
€100 in 2020 is equivalent in purchasing power to about €118.68 today, an increase of €18.68 over 4 years. The euro had an average inflation rate of 4.38% per year between 2020 and today, producing a cumulative price increase of 18.68%.
This means that today's prices are 1.19 times as high as average prices since 2020, according to the OECD and the World Bank consumer price index for Luxembourg. A euro today only buys 84.260% of what it could buy back then.
The inflation rate in 2020 was 0.82%. The current inflation rate compared to the end of last year is now 5.17%. If this number holds, €100 today will be equivalent in buying power to €105.17 next year.
Cumulative price change | 18.68% |
Average inflation rate | 4.38% |
Converted amount €100 base | €118.68 |
Price difference €100 base | €18.68 |
CPI in 2020 | 106.256 |
CPI in 2024 | 126.108 |
Inflation in 2020 | 0.82% |
Inflation in 2024 | 5.17% |
€100 in 2020 | €118.68 in 2024 |
This chart shows a calculation of buying power equivalence for €100 in 2020 (price index tracking began in 1955).
For example, if you started with €100, you would need to end with €118.68 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When €100 is equivalent to €118.68 over time, that means that the "real value" of a single Luxembourgish 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 2020 dollars, the chart below shows how €100 is worth less over 4 years.
According to the OECD and the World 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 2020 amounts in today's euros, based on the 18.68% change in prices:
Initial value | Equivalent value |
---|---|
€1 euro in 2020 | €1.19 euros today |
€5 euros in 2020 | €5.93 euros today |
€10 euros in 2020 | €11.87 euros today |
€50 euros in 2020 | €59.34 euros today |
€100 euros in 2020 | €118.68 euros today |
€500 euros in 2020 | €593.42 euros today |
€1,000 euros in 2020 | €1,186.84 euros today |
€5,000 euros in 2020 | €5,934.18 euros today |
€10,000 euros in 2020 | €11,868.36 euros today |
€50,000 euros in 2020 | €59,341.80 euros today |
€100,000 euros in 2020 | €118,683.60 euros today |
€500,000 euros in 2020 | €593,418.02 euros today |
€1,000,000 euros in 2020 | €1,186,836.05 euros today |
Our calculations use the following inflation rate formula to calculate the change in value between 2020 and today:
Then plug in historical CPI values. The Luxembourgish CPI was 106.2558 in the year 2020 and 126.10821373654537 in 2024:
€100 in 2020 has the same "purchasing power" or "buying power" as €118.68 in 2024.
To get the total inflation rate for the 4 years between 2020 and 2024, we use the following formula:
Plugging in the values to this equation, we get:
You may use the following MLA citation for this page: “Value of 2020 Euros today | Luxembourg Inflation Calculator.” Official Inflation Data, Alioth Finance, 17 May. 2025, https://www.officialdata.org/luxembourg/inflation/2020.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
Cumulative price change | 18.68% |
Average inflation rate | 4.38% |
Converted amount €100 base | €118.68 |
Price difference €100 base | €18.68 |
CPI in 2020 | 106.256 |
CPI in 2024 | 126.108 |
Inflation in 2020 | 0.82% |
Inflation in 2024 | 5.17% |
€100 in 2020 | €118.68 in 2024 |