Value of 1958 Euro (Belgium) today

€100 in 1958

€758.64 in 2018

The inflation rate in Belgium between 1958 and today has been 658.64%, which translates into a total increase of €658.64. This means that 100 euro in 1958 are equivalent to 758.64 euro in 2018. In other words, the purchasing power of €100 in 1958 equals €758.64 today. The average annual inflation rate has been 3.38%.

Inflation timeline in Belgium (1958-2018)

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 (1958-2018) 639.54%
Total Inflation* 658.64%
Annual inflation avg. (1958-2018) 3.39%
Annual inflation avg.* 3.38%
CPI 1958 14.17
CPI 2018 104.8
CPI today* 107.51
€1 in 1958 €7.4 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 60 years between 1958 and 2018 and the average inflation rate has been 3.3777%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)60 = €739.54

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 1958 was 14.17 and the CPI today is 107.51. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/14.17
= €739.54

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1958 €7.59 euro today
€5 euro in 1958 €37.93 euro today
€10 euro in 1958 €75.86 euro today
€50 euro in 1958 €379.32 euro today
€100 euro in 1958 €758.64 euro today
€500 euro in 1958 €3,793.21 euro today
€1,000 euro in 1958 €7,586.41 euro today
€5,000 euro in 1958 €37,932.06 euro today
€10,000 euro in 1958 €75,864.13 euro today
€50,000 euro in 1958 €379,320.63 euro today
€100,000 euro in 1958 €758,641.27 euro today
€500,000 euro in 1958 €3,793,206.34 euro today
€1,000,000 euro in 1958 €7,586,412.69 euro today

Value of Euro in time (by year)

Period Value
1958 100
1959 100.19
1960 101.82
1961 101.65
1962 102.67
1963 103.86
1964 108.25
1965 112.54
1966 117.16
1967 120.86
1968 124.78
1969 127.92
1970 133.52
1971 137.67
1972 145.34
1973 154.65
1974 165.93
1975 191.95
1976 213.11
1977 229.03
1978 243.51
1979 252.92
1980 265.91
1981 285.98
1982 309.24
1983 334.3
1984 358.21
1985 377.35
1986 392.56
1987 394.84
1988 400.56
1989 408.27
1990 422.98
1991 437.74
1992 449.97
1993 460.76
1994 473.19
1995 481.98
1996 489.04
1997 501.49
1998 507.22
1999 510.16
2000 520.02
2001 533.03
2002 544.64
2003 552.12
2004 561.7
2005 574.5
2006 591.07
2007 600.79
2008 619.33
2009 635.62
2010 637.3
2011 657.09
2012 679.96
2013 695.13
2014 701.85
2015 699.19
2016 709.68
2017 724.09
2018 739.54
Today 758.64