Value of 1965 Euro (Belgium) today

€100 in 1965

€674.12 in 2018

The inflation rate in Belgium between 1965 and today has been 574.12%, which translates into a total increase of €574.12. This means that 100 euro in 1965 are equivalent to 674.12 euro in 2018. In other words, the purchasing power of €100 in 1965 equals €674.12 today. The average annual inflation rate has been 3.6%.

Inflation timeline in Belgium (1965-2018)

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 (1965-2018) 557.15%
Total Inflation* 574.12%
Annual inflation avg. (1965-2018) 3.62%
Annual inflation avg.* 3.6%
CPI 1965 15.95
CPI 2018 104.8
CPI today* 107.51
€1 in 1965 €6.57 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 53 years between 1965 and 2018 and the average inflation rate has been 3.597%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)53 = €657.15

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 1965 was 15.95 and the CPI today is 107.51. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/15.95
= €657.15

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1965 €6.74 euro today
€5 euro in 1965 €33.71 euro today
€10 euro in 1965 €67.41 euro today
€50 euro in 1965 €337.06 euro today
€100 euro in 1965 €674.12 euro today
€500 euro in 1965 €3,370.6 euro today
€1,000 euro in 1965 €6,741.2 euro today
€5,000 euro in 1965 €33,705.99 euro today
€10,000 euro in 1965 €67,411.98 euro today
€50,000 euro in 1965 €337,059.89 euro today
€100,000 euro in 1965 €674,119.78 euro today
€500,000 euro in 1965 €3,370,598.91 euro today
€1,000,000 euro in 1965 €6,741,197.82 euro today

Value of Euro in time (by year)

Period Value
1965 100
1966 104.11
1967 107.39
1968 110.88
1969 113.67
1970 118.64
1971 122.33
1972 129.15
1973 137.42
1974 147.44
1975 170.56
1976 189.37
1977 203.51
1978 216.38
1979 224.75
1980 236.29
1981 254.12
1982 274.79
1983 297.05
1984 318.3
1985 335.31
1986 348.82
1987 350.85
1988 355.93
1989 362.78
1990 375.85
1991 388.97
1992 399.84
1993 409.42
1994 420.47
1995 428.29
1996 434.56
1997 445.62
1998 450.71
1999 453.32
2000 462.09
2001 473.64
2002 483.96
2003 490.61
2004 499.12
2005 510.49
2006 525.22
2007 533.86
2008 550.33
2009 564.81
2010 566.3
2011 583.88
2012 604.2
2013 617.69
2014 623.65
2015 621.29
2016 630.61
2017 643.41
2018 657.15
Today 674.12