Value of 1959 Euro (Belgium) today

€100 in 1959
€867.06 in 2022

The inflation rate in Belgium between 1959 and today has been 767.06%, which translates into a total increase of €767.06. This means that 100 euro in 1959 are equivalent to 867.06 euro in 2022. In other words, the purchasing power of €100 in 1959 equals €867.06 today. The average annual inflation rate between these periods has been 3.49%.

Inflation timeline in Belgium (1959 - 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 1959-2021 677.24%
Cumulative inflation 1959-today 767.06%
Avg. Annual inflation 1959-2021 3.36%
CPI 1959 14.31
CPI 2021 111.26
CPI 2022-08 (latest official data) 122.94
CPI today 124.11

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 1959 and 2021, use the corresponding CPI values:

Value2021
=Value1959 ×
CPI2021/CPI1959
=€ 100 ×
111.26/14.31
€777.24

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 124.11:

Valuetoday
=Value1959 ×
CPItoday/CPI1959
=€ 100 ×
124.11/14.31
€867.06

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 62 years between 1959 and 2021 and the average inflation rate was 3.3627%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.033627)62
€777.24

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1959 €7.77 euro in 2021
€5 euro in 1959 €38.86 euro in 2021
€10 euro in 1959 €77.72 euro in 2021
€50 euro in 1959 €388.62 euro in 2021
€100 euro in 1959 €777.24 euro in 2021
€500 euro in 1959 €3,886.2 euro in 2021
€1,000 euro in 1959 €7,772.39 euro in 2021
€5,000 euro in 1959 €38,861.97 euro in 2021
€10,000 euro in 1959 €77,723.93 euro in 2021
€50,000 euro in 1959 €388,619.65 euro in 2021
€100,000 euro in 1959 €777,239.31 euro in 2021
€500,000 euro in 1959 €3,886,196.54 euro in 2021
€1,000,000 euro in 1959 €7,772,393.09 euro in 2021
Cumulative inflation From 1959 767.06%
Avg. annual inflation From 1959 3.49%
CPI 1959 14.31
CPI today 124.11

Value of Euro over time (by year)

Period Value
1959 100
1960 100.3
1961 101.3
1962 102.72
1963 104.92
1964 109.3
1965 113.74
1966 118.49
1967 121.72
1968 125.01
1969 129.71
1970 134.78
1971 140.63
1972 148.29
1973 158.61
1974 178.71
1975 201.53
1976 219.81
1977 235.41
1978 245.93
1979 256.92
1980 274
1981 294.9
1982 320.64
1983 345.2
1984 367.1
1985 384.97
1986 389.95
1987 396.01
1988 400.61
1989 413.05
1990 427.3
1991 441.03
1992 451.74
1993 464.19
1994 475.22
1995 482.2
1996 492.21
1997 500.23
1998 504.98
1999 510.64
2000 523.63
2001 536.56
2002 545.39
2003 554.05
2004 565.67
2005 581.41
2006 591.82
2007 602.61
2008 629.66
2009 629.33
2010 643.11
2011 665.82
2012 684.73
2013 692.35
2014 694.7
2015 698.61
2016 712.39
2017 727.54
2018 742.48
2019 753.15
2020 758.72
2021 777.24
2022-08 858.87
Today 867.06

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: