Value of 1963 Euro (Belgium) today

€100 in 1963

€730.45 in 2018

The inflation rate in Belgium between 1963 and today has been 630.45%, which translates into a total increase of €630.45. This means that 100 euro in 1963 are equivalent to 730.45 euro in 2018. In other words, the purchasing power of €100 in 1963 equals €730.45 today. The average annual inflation rate has been 3.61%.

Inflation timeline in Belgium (1963-2018)

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 (1963-2018) 612.06%
Total Inflation* 630.45%
Annual inflation avg. (1963-2018) 3.63%
Annual inflation avg.* 3.61%
CPI 1963 14.72
CPI 2018 104.8
CPI today* 107.51
€1 in 1963 €7.12 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 55 years between 1963 and 2018 and the average inflation rate has been 3.6147%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)55 = €712.06

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 1963 was 14.72 and the CPI today is 107.51. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/14.72
= €712.06

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1963 €7.3 euro today
€5 euro in 1963 €36.52 euro today
€10 euro in 1963 €73.04 euro today
€50 euro in 1963 €365.22 euro today
€100 euro in 1963 €730.45 euro today
€500 euro in 1963 €3,652.23 euro today
€1,000 euro in 1963 €7,304.46 euro today
€5,000 euro in 1963 €36,522.28 euro today
€10,000 euro in 1963 €73,044.56 euro today
€50,000 euro in 1963 €365,222.78 euro today
€100,000 euro in 1963 €730,445.56 euro today
€500,000 euro in 1963 €3,652,227.79 euro today
€1,000,000 euro in 1963 €7,304,455.59 euro today

Value of Euro in time (by year)

Period Value
1963 100
1964 104.23
1965 108.36
1966 112.81
1967 116.37
1968 120.14
1969 123.17
1970 128.55
1971 132.56
1972 139.94
1973 148.9
1974 159.76
1975 184.81
1976 205.19
1977 220.52
1978 234.46
1979 243.52
1980 256.03
1981 275.35
1982 297.75
1983 321.87
1984 344.89
1985 363.32
1986 377.97
1987 380.17
1988 385.67
1989 393.09
1990 407.26
1991 421.47
1992 433.25
1993 443.63
1994 455.6
1995 464.07
1996 470.87
1997 482.85
1998 488.37
1999 491.2
2000 500.7
2001 513.22
2002 524.4
2003 531.6
2004 540.83
2005 553.15
2006 569.11
2007 578.47
2008 596.31
2009 612
2010 613.61
2011 632.67
2012 654.69
2013 669.3
2014 675.76
2015 673.2
2016 683.3
2017 697.18
2018 712.06
Today 730.45