Value of 1959 Euro (Belgium) today

€100 in 1959

€755.99 in 2018

The inflation rate in Belgium between 1959 and today has been 655.99%, which translates into a total increase of €655.99. This means that 100 euro in 1959 are equivalent to 755.99 euro in 2018. In other words, the purchasing power of €100 in 1959 equals €755.99 today. The average annual inflation rate has been 3.43%.

Inflation timeline in Belgium (1959-2018)

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 (1959-2018) 638.11%
Total Inflation* 655.99%
Annual inflation avg. (1959-2018) 3.45%
Annual inflation avg.* 3.43%
CPI 1959 14.2
CPI 2018 104.8
CPI today* 107.34
€1 in 1959 €7.38 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 59 years between 1959 and 2018 and the average inflation rate has been 3.4289%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)59 = €738.11

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 1959 was 14.2 and the CPI today is 107.34. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/14.2
= €738.11

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1959 €7.56 euro today
€5 euro in 1959 €37.8 euro today
€10 euro in 1959 €75.6 euro today
€50 euro in 1959 €377.99 euro today
€100 euro in 1959 €755.99 euro today
€500 euro in 1959 €3,779.93 euro today
€1,000 euro in 1959 €7,559.86 euro today
€5,000 euro in 1959 €37,799.31 euro today
€10,000 euro in 1959 €75,598.62 euro today
€50,000 euro in 1959 €377,993.09 euro today
€100,000 euro in 1959 €755,986.18 euro today
€500,000 euro in 1959 €3,779,930.88 euro today
€1,000,000 euro in 1959 €7,559,861.77 euro today

Value of Euro in time (by year)

Period Value
1959 100
1960 101.63
1961 101.45
1962 102.47
1963 103.66
1964 108.05
1965 112.32
1966 116.94
1967 120.62
1968 124.54
1969 127.68
1970 133.26
1971 137.41
1972 145.06
1973 154.35
1974 165.61
1975 191.58
1976 212.7
1977 228.59
1978 243.04
1979 252.44
1980 265.4
1981 285.43
1982 308.65
1983 333.65
1984 357.52
1985 376.62
1986 391.8
1987 394.08
1988 399.79
1989 407.48
1990 422.16
1991 436.9
1992 449.1
1993 459.87
1994 472.27
1995 481.05
1996 488.1
1997 500.52
1998 506.24
1999 509.18
2000 519.02
2001 532
2002 543.59
2003 551.05
2004 560.62
2005 573.39
2006 589.93
2007 599.63
2008 618.13
2009 634.39
2010 636.07
2011 655.82
2012 678.65
2013 693.79
2014 700.49
2015 697.84
2016 708.31
2017 722.69
2018 738.11
Today 755.99