Result: €100 in 2021 → €116.63 in 2024
Money in Spain has lost 14% of its value since 2021
Updated: June 11, 2025€100 in 2021 is equivalent in purchasing power to about €116.63 today, an increase of €16.63 over 3 years. The euro had an average inflation rate of 5.26% per year between 2021 and today, producing a cumulative price increase of 16.63%.
This means that today's prices are 1.17 times as high as average prices since 2021, according to the OECD and the World Bank consumer price index for Spain. A euro today only buys 85.741% of what it could buy back then.
The inflation rate in 2021 was 3.09%. The current inflation rate compared to the end of last year is now 3.63%. If this number holds, €100 today will be equivalent in buying power to €103.63 next year.
⌃
| Cumulative price change | 16.63% |
| Average inflation rate | 5.26% |
| Converted amount €100 base | €116.63 |
| Price difference €100 base | €16.63 |
| CPI in 2021 | 107.053 |
| CPI in 2024 | 124.856 |
| Inflation in 2021 | 3.09% |
| Inflation in 2024 | 3.63% |
| €100 in 2021 | €116.63 in 2024 |
Buying power of €100 in 2021
This chart shows a calculation of buying power equivalence for €100 in 2021 (price index tracking began in 1954).
For example, if you started with €100, you would need to end with €116.63 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When €100 is equivalent to €116.63 over time, that means that the "real value" of a single Spanish 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 2021 dollars, the chart below shows how €100 is worth less over 3 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 2021 amounts in today's euros, based on the 16.63% change in prices:
| Initial value | Equivalent value |
|---|---|
| €1 euro in 2021 | €1.17 euros today |
| €5 euros in 2021 | €5.83 euros today |
| €10 euros in 2021 | €11.66 euros today |
| €50 euros in 2021 | €58.31 euros today |
| €100 euros in 2021 | €116.63 euros today |
| €500 euros in 2021 | €583.15 euros today |
| €1,000 euros in 2021 | €1,166.30 euros today |
| €5,000 euros in 2021 | €5,831.49 euros today |
| €10,000 euros in 2021 | €11,662.99 euros today |
| €50,000 euros in 2021 | €58,314.95 euros today |
| €100,000 euros in 2021 | €116,629.90 euros today |
| €500,000 euros in 2021 | €583,149.49 euros today |
| €1,000,000 euros in 2021 | €1,166,298.97 euros today |
How to calculate inflation rate for €100 since 2021
Our calculations use the following inflation rate formula to calculate the change in value between 2021 and today:
CPI today CPI in 2021
×
2021 EUR value
=
Today's value
Then plug in historical CPI values. The Spanish CPI was 107.0532 in the year 2021 and 124.85603724852379 in 2024:
124.85603724852379107.0532
×
€100
=
€116.63
€100 in 2021 has the same "purchasing power" or "buying power" as €116.63 in 2024.
To get the total inflation rate for the 3 years between 2021 and 2024, we use the following formula:
CPI in 2024 - CPI in 2021CPI in 2021
×
100
=
Cumulative inflation rate (3 years)
Plugging in the values to this equation, we get:
124.85603724852379 - 107.0532107.0532
×
100
=
17%
Data source & citation
You may use the following MLA citation for this page: “Value of 2021 Euros today | Spain Inflation Calculator.” Official Inflation Data, Alioth Finance, 21 Jul. 2025, https://www.officialdata.org/spain/inflation/2021.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 16.63% |
| Average inflation rate | 5.26% |
| Converted amount €100 base | €116.63 |
| Price difference €100 base | €16.63 |
| CPI in 2021 | 107.053 |
| CPI in 2024 | 124.856 |
| Inflation in 2021 | 3.09% |
| Inflation in 2024 | 3.63% |
| €100 in 2021 | €116.63 in 2024 |
