Value of 1963 Euro (Belgium) today

€100 in 1963
€796.04 in 2022

The inflation rate in Belgium between 1963 and today has been 696.04%, which translates into a total increase of €696.04. This means that 100 euro in 1963 are equivalent to 796.04 euro in 2022. In other words, the purchasing power of €100 in 1963 equals €796.04 today. The average annual inflation rate between these periods has been 3.58%.

Inflation timeline in Belgium (1963 - 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 1963-2021 640.76%
Cumulative inflation 1963-today 696.04%
Avg. Annual inflation 1963-2021 3.51%
CPI 1963 15.02
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 1963 and 2021, use the corresponding CPI values:

Value2021
=Value1963 ×
CPI2021/CPI1963
=€ 100 ×
111.26/15.02
€740.76

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

Valuetoday
=Value1963 ×
CPItoday/CPI1963
=€ 100 ×
119.56/15.02
€796.04

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 58 years between 1963 and 2021 and the average inflation rate was 3.5129%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.035129)58
€740.76

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1963 €7.41 euro in 2021
€5 euro in 1963 €37.04 euro in 2021
€10 euro in 1963 €74.08 euro in 2021
€50 euro in 1963 €370.38 euro in 2021
€100 euro in 1963 €740.76 euro in 2021
€500 euro in 1963 €3,703.81 euro in 2021
€1,000 euro in 1963 €7,407.62 euro in 2021
€5,000 euro in 1963 €37,038.09 euro in 2021
€10,000 euro in 1963 €74,076.18 euro in 2021
€50,000 euro in 1963 €370,380.89 euro in 2021
€100,000 euro in 1963 €740,761.78 euro in 2021
€500,000 euro in 1963 €3,703,808.88 euro in 2021
€1,000,000 euro in 1963 €7,407,617.76 euro in 2021
Cumulative inflation From 1963 696.04%
Avg. annual inflation From 1963 3.58%
CPI 1963 15.02
CPI today 119.56

Value of Euro over time (by year)

Period Value
1963 100
1964 104.17
1965 108.4
1966 112.93
1967 116.01
1968 119.15
1969 123.62
1970 128.45
1971 134.03
1972 141.33
1973 151.16
1974 170.33
1975 192.07
1976 209.49
1977 224.36
1978 234.39
1979 244.86
1980 261.14
1981 281.06
1982 305.59
1983 329
1984 349.87
1985 366.9
1986 371.65
1987 377.42
1988 381.8
1989 393.67
1990 407.24
1991 420.34
1992 430.54
1993 442.4
1994 452.92
1995 459.57
1996 469.11
1997 476.75
1998 481.28
1999 486.67
2000 499.05
2001 511.38
2002 519.79
2003 528.05
2004 539.12
2005 554.12
2006 564.05
2007 574.33
2008 600.11
2009 599.79
2010 612.92
2011 634.57
2012 652.59
2013 659.86
2014 662.1
2015 665.82
2016 678.96
2017 693.39
2018 707.63
2019 717.8
2020 723.12
2021 740.76
2022-04 792.43
Today 796.04

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: