Value of €1 from 2000 to 2024
€1 in 2000 is equivalent in purchasing power to about €1.68 today, an increase of €0.68 over 24 years. The euro had an average inflation rate of 2.19% per year between 2000 and today, producing a cumulative price increase of 68.28%.
This means that today's prices are 1.68 times as high as average prices since 2000, according to the European Central Bank consumer price index. A euro today only buys 59.524% of what it could buy back then.
The inflation rate in 2000 was 2.18%. The current inflation rate compared to the end of last year is now 0.76%. If this number holds, €1 today will be equivalent in buying power to €1.01 next year.
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| Cumulative price change | 68.28% |
| Average inflation rate | 2.19% |
| Converted amount €1 base | €1.68 |
| Price difference €1 base | €0.68 |
| CPI in 2000 | 75.928 |
| CPI in 2024 | 127.770 |
| Inflation in 2000 | 2.18% |
| Inflation in 2024 | 0.76% |
| €1 in 2000 | €1.68 in 2024 |
Buying power of €1 in 2000
This chart shows a calculation of buying power equivalence for €1 in 2000 (price index tracking began in 1996).
For example, if you started with €1, you would need to end with €1.68 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When €1 is equivalent to €1.68 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 2000 dollars, the chart below shows how €1 is worth less over 24 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 2000 amounts in today's euros, based on the 68.28% change in prices:
| Initial value | Equivalent value |
|---|---|
| €1 euro in 2000 | €1.68 euros today |
| €5 euros in 2000 | €8.41 euros today |
| €10 euros in 2000 | €16.83 euros today |
| €50 euros in 2000 | €84.14 euros today |
| €100 euros in 2000 | €168.28 euros today |
| €500 euros in 2000 | €841.39 euros today |
| €1,000 euros in 2000 | €1,682.79 euros today |
| €5,000 euros in 2000 | €8,413.95 euros today |
| €10,000 euros in 2000 | €16,827.90 euros today |
| €50,000 euros in 2000 | €84,139.48 euros today |
| €100,000 euros in 2000 | €168,278.95 euros today |
| €500,000 euros in 2000 | €841,394.75 euros today |
| €1,000,000 euros in 2000 | €1,682,789.50 euros today |
How to calculate inflation rate for €1 since 2000
Our calculations use the following inflation rate formula to calculate the change in value between 2000 and today:
CPI today CPI in 2000
×
2000 EUR value
=
Today's value
Then plug in historical CPI values. The Euro CPI was 75.9275 in the year 2000 and 127.77 in 2024:
127.7775.9275
×
€1
=
€1.68
€1 in 2000 has the same "purchasing power" or "buying power" as €1.68 in 2024.
To get the total inflation rate for the 24 years between 2000 and 2024, we use the following formula:
CPI in 2024 - CPI in 2000CPI in 2000
×
100
=
Cumulative inflation rate (24 years)
Plugging in the values to this equation, we get:
127.77 - 75.927575.9275
×
100
=
68%
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 2000 → 2024 | Euro Inflation Calculator.” Official Inflation Data, Alioth Finance, 4 Dec. 2024, https://www.officialdata.org/eu/inflation/2000?amount=1.
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.
| Cumulative price change | 68.28% |
| Average inflation rate | 2.19% |
| Converted amount €1 base | €1.68 |
| Price difference €1 base | €0.68 |
| CPI in 2000 | 75.928 |
| CPI in 2024 | 127.770 |
| Inflation in 2000 | 2.18% |
| Inflation in 2024 | 0.76% |
| €1 in 2000 | €1.68 in 2024 |