Value of 1957 Euro (Belgium) today

€100 in 1957

€779.72 in 2018

The inflation rate in Belgium between 1957 and today has been 679.72%, which translates into a total increase of €679.72. This means that 100 euro in 1957 are equivalent to 779.72 euro in 2018. In other words, the purchasing power of €100 in 1957 equals €779.72 today. The average annual inflation rate has been 3.37%.

Inflation timeline in Belgium (1957-2018)

The following chart ilustrates the equivalence of €100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1957-2018) 661.28%
Total Inflation* 679.72%
Annual inflation avg. (1957-2018) 3.38%
Annual inflation avg.* 3.37%
CPI 1957 13.77
CPI 2018 104.8
CPI today* 107.34
€1 in 1957 €7.61 in 2018

* Values extrapolated from the last official data to obtain today's values.

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 compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 61 years between 1957 and 2018 and the average inflation rate has been 3.368%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)61 = €761.28

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1957 was 13.77 and the CPI today is 107.34. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/13.77
= €761.28

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1957 €7.8 euro today
€5 euro in 1957 €38.99 euro today
€10 euro in 1957 €77.97 euro today
€50 euro in 1957 €389.86 euro today
€100 euro in 1957 €779.72 euro today
€500 euro in 1957 €3,898.58 euro today
€1,000 euro in 1957 €7,797.16 euro today
€5,000 euro in 1957 €38,985.8 euro today
€10,000 euro in 1957 €77,971.61 euro today
€50,000 euro in 1957 €389,858.03 euro today
€100,000 euro in 1957 €779,716.06 euro today
€500,000 euro in 1957 €3,898,580.3 euro today
€1,000,000 euro in 1957 €7,797,160.59 euro today

Value of Euro in time (by year)

Period Value
1957 100
1958 102.94
1959 103.14
1960 104.82
1961 104.64
1962 105.69
1963 106.91
1964 111.44
1965 115.85
1966 120.61
1967 124.41
1968 128.45
1969 131.68
1970 137.44
1971 141.72
1972 149.62
1973 159.19
1974 170.8
1975 197.59
1976 219.38
1977 235.76
1978 250.67
1979 260.36
1980 273.73
1981 294.39
1982 318.33
1983 344.12
1984 368.74
1985 388.44
1986 404.1
1987 406.45
1988 412.34
1989 420.27
1990 435.41
1991 450.61
1992 463.2
1993 474.3
1994 487.1
1995 496.15
1996 503.42
1997 516.23
1998 522.14
1999 525.16
2000 535.31
2001 548.7
2002 560.65
2003 568.35
2004 578.21
2005 591.39
2006 608.45
2007 618.46
2008 637.53
2009 654.31
2010 656.03
2011 676.41
2012 699.95
2013 715.57
2014 722.48
2015 719.74
2016 730.54
2017 745.37
2018 761.28
Today 779.72