Value of 1961 Euro (Belgium) today

€100 in 1961

€746.33 in 2018

The inflation rate in Belgium between 1961 and today has been 646.33%, which translates into a total increase of €646.33. This means that 100 euro in 1961 are equivalent to 746.33 euro in 2018. In other words, the purchasing power of €100 in 1961 equals €746.33 today. The average annual inflation rate has been 3.53%.

Inflation timeline in Belgium (1961-2018)

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 (1961-2018) 627.54%
Total Inflation* 646.33%
Annual inflation avg. (1961-2018) 3.54%
Annual inflation avg.* 3.53%
CPI 1961 14.41
CPI 2018 104.8
CPI today* 107.51
€1 in 1961 €7.28 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 57 years between 1961 and 2018 and the average inflation rate has been 3.5263%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)57 = €727.54

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 1961 was 14.41 and the CPI today is 107.51. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/14.41
= €727.54

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1961 €7.46 euro today
€5 euro in 1961 €37.32 euro today
€10 euro in 1961 €74.63 euro today
€50 euro in 1961 €373.17 euro today
€100 euro in 1961 €746.33 euro today
€500 euro in 1961 €3,731.67 euro today
€1,000 euro in 1961 €7,463.34 euro today
€5,000 euro in 1961 €37,316.71 euro today
€10,000 euro in 1961 €74,633.41 euro today
€50,000 euro in 1961 €373,167.06 euro today
€100,000 euro in 1961 €746,334.12 euro today
€500,000 euro in 1961 €3,731,670.58 euro today
€1,000,000 euro in 1961 €7,463,341.15 euro today

Value of Euro in time (by year)

Period Value
1961 100
1962 101.01
1963 102.18
1964 106.5
1965 110.71
1966 115.26
1967 118.9
1968 122.76
1969 125.85
1970 131.35
1971 135.44
1972 142.99
1973 152.14
1974 163.23
1975 188.83
1976 209.66
1977 225.31
1978 239.56
1979 248.82
1980 261.6
1981 281.34
1982 304.23
1983 328.87
1984 352.4
1985 371.22
1986 386.19
1987 388.44
1988 394.06
1989 401.64
1990 416.12
1991 430.64
1992 442.67
1993 453.28
1994 465.51
1995 474.17
1996 481.11
1997 493.35
1998 499
1999 501.89
2000 511.59
2001 524.38
2002 535.8
2003 543.16
2004 552.59
2005 565.18
2006 581.49
2007 591.05
2008 609.28
2009 625.31
2010 626.96
2011 646.43
2012 668.93
2013 683.86
2014 690.46
2015 687.85
2016 698.17
2017 712.34
2018 727.54
Today 746.33