Value of 1966 Euro (Belgium) today

€100 in 1966
€730.38 in 2022

The inflation rate in Belgium between 1966 and today has been 630.38%, which translates into a total increase of €630.38. This means that 100 euro in 1966 are equivalent to 730.38 euro in 2022. In other words, the purchasing power of €100 in 1966 equals €730.38 today. The average annual inflation rate between these periods has been 3.61%.

Inflation timeline in Belgium (1966 - 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 1966-2021 555.96%
Cumulative inflation 1966-today 630.38%
Avg. Annual inflation 1966-2021 3.48%
CPI 1966 16.96
CPI 2021 111.26
CPI 2022-08 (latest official data) 122.94
CPI today 123.88

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 1966 and 2021, use the corresponding CPI values:

Value2021
=Value1966 ×
CPI2021/CPI1966
=€ 100 ×
111.26/16.96
€655.96

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 123.88:

Valuetoday
=Value1966 ×
CPItoday/CPI1966
=€ 100 ×
123.88/16.96
€730.38

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 55 years between 1966 and 2021 and the average inflation rate was 3.479%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.03479)55
€655.96

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1966 €6.56 euro in 2021
€5 euro in 1966 €32.8 euro in 2021
€10 euro in 1966 €65.6 euro in 2021
€50 euro in 1966 €327.98 euro in 2021
€100 euro in 1966 €655.96 euro in 2021
€500 euro in 1966 €3,279.78 euro in 2021
€1,000 euro in 1966 €6,559.56 euro in 2021
€5,000 euro in 1966 €32,797.82 euro in 2021
€10,000 euro in 1966 €65,595.63 euro in 2021
€50,000 euro in 1966 €327,978.16 euro in 2021
€100,000 euro in 1966 €655,956.33 euro in 2021
€500,000 euro in 1966 €3,279,781.64 euro in 2021
€1,000,000 euro in 1966 €6,559,563.28 euro in 2021
Cumulative inflation From 1966 630.38%
Avg. annual inflation From 1966 3.61%
CPI 1966 16.96
CPI today 123.88

Value of Euro over time (by year)

Period Value
1966 100
1967 102.73
1968 105.51
1969 109.47
1970 113.74
1971 118.69
1972 125.15
1973 133.86
1974 150.83
1975 170.08
1976 185.51
1977 198.67
1978 207.55
1979 216.83
1980 231.25
1981 248.88
1982 270.6
1983 291.34
1984 309.81
1985 324.9
1986 329.1
1987 334.21
1988 338.09
1989 348.6
1990 360.62
1991 372.21
1992 381.25
1993 391.75
1994 401.07
1995 406.95
1996 415.41
1997 422.17
1998 426.18
1999 430.95
2000 441.92
2001 452.83
2002 460.28
2003 467.6
2004 477.4
2005 490.68
2006 499.47
2007 508.58
2008 531.41
2009 531.13
2010 542.75
2011 561.92
2012 577.88
2013 584.31
2014 586.3
2015 589.59
2016 601.23
2017 614.01
2018 626.62
2019 635.62
2020 640.33
2021 655.96
2022-08 724.85
Today 730.38

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: