Value of 1961 Euro (Belgium) today

€100 in 1961
€824.56 in 2022

The inflation rate in Belgium between 1961 and today has been 724.56%, which translates into a total increase of €724.56. This means that 100 euro in 1961 are equivalent to 824.56 euro in 2022. In other words, the purchasing power of €100 in 1961 equals €824.56 today. The average annual inflation rate between these periods has been 3.52%.

Inflation timeline in Belgium (1961 - 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 1961-2021 667.3%
Cumulative inflation 1961-today 724.56%
Avg. Annual inflation 1961-2021 3.45%
CPI 1961 14.5
CPI 2021 111.26
CPI 2022-04 (latest official data) 119.02
CPI today 119.56

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 1961 and 2021, use the corresponding CPI values:

Value2021
=Value1961 ×
CPI2021/CPI1961
=€ 100 ×
111.26/14.5
€767.3

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 119.56:

Valuetoday
=Value1961 ×
CPItoday/CPI1961
=€ 100 ×
119.56/14.5
€824.56

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 60 years between 1961 and 2021 and the average inflation rate was 3.4545%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.034545)60
€767.3

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1961 €7.67 euro in 2021
€5 euro in 1961 €38.37 euro in 2021
€10 euro in 1961 €76.73 euro in 2021
€50 euro in 1961 €383.65 euro in 2021
€100 euro in 1961 €767.3 euro in 2021
€500 euro in 1961 €3,836.51 euro in 2021
€1,000 euro in 1961 €7,673.02 euro in 2021
€5,000 euro in 1961 €38,365.08 euro in 2021
€10,000 euro in 1961 €76,730.16 euro in 2021
€50,000 euro in 1961 €383,650.82 euro in 2021
€100,000 euro in 1961 €767,301.65 euro in 2021
€500,000 euro in 1961 €3,836,508.24 euro in 2021
€1,000,000 euro in 1961 €7,673,016.48 euro in 2021
Cumulative inflation From 1961 724.56%
Avg. annual inflation From 1961 3.52%
CPI 1961 14.5
CPI today 119.56

Value of Euro over time (by year)

Period Value
1961 100
1962 101.4
1963 103.58
1964 107.9
1965 112.29
1966 116.97
1967 120.17
1968 123.41
1969 128.05
1970 133.05
1971 138.83
1972 146.4
1973 156.58
1974 176.43
1975 198.96
1976 217
1977 232.4
1978 242.79
1979 253.64
1980 270.5
1981 291.13
1982 316.54
1983 340.79
1984 362.4
1985 380.05
1986 384.96
1987 390.94
1988 395.48
1989 407.77
1990 421.83
1991 435.4
1992 445.97
1993 458.25
1994 469.15
1995 476.03
1996 485.92
1997 493.83
1998 498.52
1999 504.11
2000 516.93
2001 529.7
2002 538.41
2003 546.97
2004 558.44
2005 573.97
2006 584.25
2007 594.9
2008 621.61
2009 621.28
2010 634.88
2011 657.31
2012 675.97
2013 683.5
2014 685.82
2015 689.67
2016 703.29
2017 718.24
2018 732.98
2019 743.52
2020 749.02
2021 767.3
2022-04 820.82
Today 824.56

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: