Value of 1957 Euro (Belgium) today

€100 in 1957
€931.59 in 2024

The inflation rate in Belgium between 1957 and today has been 831.59%, which translates into a total increase of €831.59. This means that 100 euro in 1957 are equivalent to 931.59 euro in 2024. In other words, the purchasing power of €100 in 1957 equals €931.59 today. The average annual inflation rate between these periods has been 3.39%.

Inflation timeline in Belgium (1957 - 2024)

The following chart depicts the equivalence of €100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (EUR) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1957-2023 808.79%
Cumulative inflation 1957-today 831.59%
Avg. Annual inflation 1957-2023 3.4%
CPI 1957 13.96
CPI 2023 126.87
CPI 2024-02 (latest official data) 129.84
CPI today 130.05

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1957 and 2023, use the corresponding CPI values:

Value2023
=Value1957 ×
CPI2023/CPI1957
=€ 100 ×
126.87/13.96
€908.79

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 130.05:

Valuetoday
=Value1957 ×
CPItoday/CPI1957
=€ 100 ×
130.05/13.96
€931.59

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are €100 worth today. There are 66 years between 1957 and 2023 and the average inflation rate was 3.4004%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.034004)66
€908.79

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1957 €9.09 euro in 2023
€5 euro in 1957 €45.44 euro in 2023
€10 euro in 1957 €90.88 euro in 2023
€50 euro in 1957 €454.39 euro in 2023
€100 euro in 1957 €908.79 euro in 2023
€500 euro in 1957 €4,543.94 euro in 2023
€1,000 euro in 1957 €9,087.88 euro in 2023
€5,000 euro in 1957 €45,439.4 euro in 2023
€10,000 euro in 1957 €90,878.8 euro in 2023
€50,000 euro in 1957 €454,393.99 euro in 2023
€100,000 euro in 1957 €908,787.98 euro in 2023
€500,000 euro in 1957 €4,543,939.88 euro in 2023
€1,000,000 euro in 1957 €9,087,879.75 euro in 2023
Cumulative inflation From 1957 831.59%
Avg. annual inflation From 1957 3.39%
CPI 1957 13.96
CPI today 130.05

Value of Euro over time (by year)

Period Value
1957 100
1958 101.29
1959 102.53
1960 102.84
1961 103.86
1962 105.32
1963 107.58
1964 112.07
1965 116.62
1966 121.49
1967 124.81
1968 128.18
1969 132.99
1970 138.19
1971 144.19
1972 152.05
1973 162.63
1974 183.24
1975 206.64
1976 225.38
1977 241.37
1978 252.16
1979 263.43
1980 280.95
1981 302.38
1982 328.76
1983 353.95
1984 376.4
1985 394.72
1986 399.83
1987 406.04
1988 410.76
1989 423.52
1990 438.12
1991 452.21
1992 463.19
1993 475.95
1994 487.27
1995 494.42
1996 504.69
1997 512.9
1998 517.77
1999 523.58
2000 536.9
2001 550.16
2002 559.21
2003 568.09
2004 580.01
2005 596.14
2006 606.82
2007 617.88
2008 645.62
2009 645.28
2010 659.41
2011 682.7
2012 702.08
2013 709.9
2014 712.31
2015 716.31
2016 730.45
2017 745.98
2018 761.29
2019 772.23
2020 777.95
2021 796.94
2022 873.42
2023 908.79
2024-02 930.04
Today 931.59

All available years

Today's value of euro (Belgium) by year:

1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |

Other currencies: