Value of 1958 Euro (Belgium) today

€100 in 1958
€876.3 in 2022

The inflation rate in Belgium between 1958 and today has been 776.3%, which translates into a total increase of €776.3. This means that 100 euro in 1958 are equivalent to 876.3 euro in 2022. In other words, the purchasing power of €100 in 1958 equals €876.3 today. The average annual inflation rate between these periods has been 3.45%.

Inflation timeline in Belgium (1958 - 2022)

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 1958-2021 686.8%
Cumulative inflation 1958-today 776.3%
Avg. Annual inflation 1958-2021 3.33%
CPI 1958 14.14
CPI 2021 111.26
CPI 2022-08 (latest official data) 122.94
CPI today 123.91

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 1958 and 2021, use the corresponding CPI values:

Value2021
=Value1958 ×
CPI2021/CPI1958
=€ 100 ×
111.26/14.14
€786.8

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 123.91:

Valuetoday
=Value1958 ×
CPItoday/CPI1958
=€ 100 ×
123.91/14.14
€876.3

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 63 years between 1958 and 2021 and the average inflation rate was 3.3285%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.033285)63
€786.8

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1958 €7.87 euro in 2021
€5 euro in 1958 €39.34 euro in 2021
€10 euro in 1958 €78.68 euro in 2021
€50 euro in 1958 €393.4 euro in 2021
€100 euro in 1958 €786.8 euro in 2021
€500 euro in 1958 €3,933.98 euro in 2021
€1,000 euro in 1958 €7,867.95 euro in 2021
€5,000 euro in 1958 €39,339.76 euro in 2021
€10,000 euro in 1958 €78,679.51 euro in 2021
€50,000 euro in 1958 €393,397.57 euro in 2021
€100,000 euro in 1958 €786,795.13 euro in 2021
€500,000 euro in 1958 €3,933,975.65 euro in 2021
€1,000,000 euro in 1958 €7,867,951.31 euro in 2021
Cumulative inflation From 1958 776.3%
Avg. annual inflation From 1958 3.45%
CPI 1958 14.14
CPI today 123.91

Value of Euro over time (by year)

Period Value
1958 100
1959 101.23
1960 101.53
1961 102.54
1962 103.98
1963 106.21
1964 110.64
1965 115.14
1966 119.95
1967 123.22
1968 126.55
1969 131.3
1970 136.43
1971 142.36
1972 150.11
1973 160.56
1974 180.91
1975 204.01
1976 222.51
1977 238.3
1978 248.95
1979 260.08
1980 277.37
1981 298.53
1982 324.58
1983 349.45
1984 371.61
1985 389.7
1986 394.75
1987 400.88
1988 405.53
1989 418.13
1990 432.55
1991 446.46
1992 457.3
1993 469.89
1994 481.06
1995 488.13
1996 498.27
1997 506.38
1998 511.18
1999 516.91
2000 530.07
2001 543.16
2002 552.09
2003 560.86
2004 572.63
2005 588.55
2006 599.1
2007 610.02
2008 637.41
2009 637.07
2010 651.01
2011 674.01
2012 693.15
2013 700.86
2014 703.25
2015 707.19
2016 721.15
2017 736.48
2018 751.61
2019 762.4
2020 768.05
2021 786.8
2022-08 869.43
Today 876.3

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 |

Other currencies: