Value of 1964 Euro (Belgium) today

€100 in 1964
€792.22 in 2022

The inflation rate in Belgium between 1964 and today has been 692.22%, which translates into a total increase of €692.22. This means that 100 euro in 1964 are equivalent to 792.22 euro in 2022. In other words, the purchasing power of €100 in 1964 equals €792.22 today. The average annual inflation rate between these periods has been 3.63%.

Inflation timeline in Belgium (1964 - 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 1964-2021 611.12%
Cumulative inflation 1964-today 692.22%
Avg. Annual inflation 1964-2021 3.5%
CPI 1964 15.65
CPI 2021 111.26
CPI 2022-08 (latest official data) 122.94
CPI today 123.95

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 1964 and 2021, use the corresponding CPI values:

Value2021
=Value1964 ×
CPI2021/CPI1964
=€ 100 ×
111.26/15.65
€711.12

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 123.95:

Valuetoday
=Value1964 ×
CPItoday/CPI1964
=€ 100 ×
123.95/15.65
€792.22

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 57 years between 1964 and 2021 and the average inflation rate was 3.5014%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.035014)57
€711.12

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1964 €7.11 euro in 2021
€5 euro in 1964 €35.56 euro in 2021
€10 euro in 1964 €71.11 euro in 2021
€50 euro in 1964 €355.56 euro in 2021
€100 euro in 1964 €711.12 euro in 2021
€500 euro in 1964 €3,555.59 euro in 2021
€1,000 euro in 1964 €7,111.17 euro in 2021
€5,000 euro in 1964 €35,555.85 euro in 2021
€10,000 euro in 1964 €71,111.71 euro in 2021
€50,000 euro in 1964 €355,558.53 euro in 2021
€100,000 euro in 1964 €711,117.06 euro in 2021
€500,000 euro in 1964 €3,555,585.31 euro in 2021
€1,000,000 euro in 1964 €7,111,170.63 euro in 2021
Cumulative inflation From 1964 692.22%
Avg. annual inflation From 1964 3.63%
CPI 1964 15.65
CPI today 123.95

Value of Euro over time (by year)

Period Value
1964 100
1965 104.07
1966 108.41
1967 111.37
1968 114.38
1969 118.67
1970 123.31
1971 128.67
1972 135.68
1973 145.11
1974 163.51
1975 184.39
1976 201.11
1977 215.38
1978 225.01
1979 235.06
1980 250.69
1981 269.81
1982 293.36
1983 315.84
1984 335.87
1985 352.22
1986 356.78
1987 362.32
1988 366.52
1989 377.91
1990 390.94
1991 403.51
1992 413.31
1993 424.7
1994 434.79
1995 441.18
1996 450.34
1997 457.67
1998 462.02
1999 467.19
2000 479.08
2001 490.91
2002 498.99
2003 506.92
2004 517.55
2005 531.94
2006 541.47
2007 551.34
2008 576.1
2009 575.79
2010 588.4
2011 609.18
2012 626.48
2013 633.45
2014 635.6
2015 639.17
2016 651.79
2017 665.65
2018 679.31
2019 689.07
2020 694.18
2021 711.12
2022-08 785.8
Today 792.22

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: