View €1 in 2015 → **2021**

👉 You may be interested in €1 in 2015 → **2021**

€1 in 2015 is equivalent in purchasing power to about €1.02 in 2017, an increase of €0.02 over 2 years. The euro had an average inflation rate of 0.88% per year between 2015 and 2017, producing a cumulative price increase of 1.78%.

This means that prices in 2017 are 1.02 times higher than average prices since 2015, according to the European Central Bank consumer price index.

The 2015 inflation rate was 0.03%. The inflation rate in 2017 was 1.53%. The 2017 inflation rate is higher compared to the average inflation rate of 1.15% per year between 2017 and 2021.

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Cumulative price change | 1.78% |

Average inflation rate | 0.88% |

Converted amount (€1 base) | €1.02 |

Price difference (€1 base) | €0.02 |

CPI in 2015 | 100.000 |

CPI in 2017 | 101.776 |

Inflation in 2015 | 0.03% |

Inflation in 2017 | 1.53% |

€1 in 2015 | €1.02 in 2017 |

This chart shows a calculation of buying power equivalence for €1 in 2015 (price index tracking began in 1996).

For example, if you started with €1, you would need to end with €1.02 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When €1 is equivalent to €1.02 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 2015 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 2015 amounts in 2017 euros, based on the 1.78% change in prices:

Initial value | Equivalent value |
---|---|

€1 euro in 2015 | €1.02 euros in 2017 |

€5 euros in 2015 | €5.09 euros in 2017 |

€10 euros in 2015 | €10.18 euros in 2017 |

€50 euros in 2015 | €50.89 euros in 2017 |

€100 euros in 2015 | €101.78 euros in 2017 |

€500 euros in 2015 | €508.88 euros in 2017 |

€1,000 euros in 2015 | €1,017.76 euros in 2017 |

€5,000 euros in 2015 | €5,088.80 euros in 2017 |

€10,000 euros in 2015 | €10,177.60 euros in 2017 |

€50,000 euros in 2015 | €50,888.00 euros in 2017 |

€100,000 euros in 2015 | €101,776.00 euros in 2017 |

€500,000 euros in 2015 | €508,880.00 euros in 2017 |

€1,000,000 euros in 2015 | €1,017,760.00 euros in 2017 |

Our calculations use the following inflation rate formula to calculate the change in value between 2015 and 2017:

CPI in 2017
CPI in 2015

×

2015 EUR value

=

2017 EUR value

Then plug in historical CPI values. The Euro CPI was 100 in the year 2015 and 101.776 in 2017:

101.776100

×

€1

=

€1 in 2015 has the same "purchasing power" or "buying power" as €1.02 in 2017.

To get the total inflation rate for the 2 years between 2015 and 2017, we use the following formula:

CPI in 2017 - CPI in 2015CPI in 2015

×

100

=

Plugging in the values to this equation, we get:

101.776 - 100100

×

100

=

Politics and news often influence economic performance. Here's what was happening at the time:

- Barack Obama and Raul Castro, hold the first meeting between Cuban and American leaders since the Cuban Revolution.
- The population of India reaches 1 billion (officially). The billionth baby was named Astha Arora.
- Donald Trump announces his intention to join the US presidential campaign.
- China brings an end to its one child policy, 35 years after it was first introduced.

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 2015 → 2017 | Euro Inflation Calculator.” Official Inflation Data, Alioth Finance, 16 Oct. 2021, https://www.officialdata.org/europe/inflation/2015?amount=1&endYear=2017.

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 | 1.78% |

Average inflation rate | 0.88% |

Converted amount (€1 base) | €1.02 |

Price difference (€1 base) | €0.02 |

CPI in 2015 | 100.000 |

CPI in 2017 | 101.776 |

Inflation in 2015 | 0.03% |

Inflation in 2017 | 1.53% |

€1 in 2015 | €1.02 in 2017 |