Value of 1967 Euro (Belgium) today

€100 in 1967

€627.72 in 2018

The inflation rate in Belgium between 1967 and today has been 527.72%, which translates into a total increase of €527.72. This means that 100 euro in 1967 are equivalent to 627.72 euro in 2018. In other words, the purchasing power of €100 in 1967 equals €627.72 today. The average annual inflation rate has been 3.6%.

Inflation timeline in Belgium (1967-2018)

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 (1967-2018) 511.92%
Total Inflation* 527.72%
Annual inflation avg. (1967-2018) 3.62%
Annual inflation avg.* 3.6%
CPI 1967 17.13
CPI 2018 104.8
CPI today* 107.51
€1 in 1967 €6.12 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 51 years between 1967 and 2018 and the average inflation rate has been 3.5957%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)51 = €611.92

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 1967 was 17.13 and the CPI today is 107.51. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/17.13
= €611.92

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1967 €6.28 euro today
€5 euro in 1967 €31.39 euro today
€10 euro in 1967 €62.77 euro today
€50 euro in 1967 €313.86 euro today
€100 euro in 1967 €627.72 euro today
€500 euro in 1967 €3,138.6 euro today
€1,000 euro in 1967 €6,277.19 euro today
€5,000 euro in 1967 €31,385.96 euro today
€10,000 euro in 1967 €62,771.92 euro today
€50,000 euro in 1967 €313,859.6 euro today
€100,000 euro in 1967 €627,719.19 euro today
€500,000 euro in 1967 €3,138,595.97 euro today
€1,000,000 euro in 1967 €6,277,191.94 euro today

Value of Euro in time (by year)

Period Value
1967 100
1968 103.25
1969 105.85
1970 110.47
1971 113.91
1972 120.26
1973 127.96
1974 137.29
1975 158.82
1976 176.34
1977 189.51
1978 201.49
1979 209.28
1980 220.02
1981 236.63
1982 255.88
1983 276.61
1984 296.39
1985 312.23
1986 324.81
1987 326.7
1988 331.43
1989 337.81
1990 349.98
1991 362.2
1992 372.32
1993 381.24
1994 391.53
1995 398.81
1996 404.65
1997 414.95
1998 419.69
1999 422.12
2000 430.28
2001 441.04
2002 450.65
2003 456.84
2004 464.77
2005 475.36
2006 489.07
2007 497.11
2008 512.45
2009 525.93
2010 527.32
2011 543.69
2012 562.62
2013 575.17
2014 580.73
2015 578.53
2016 587.21
2017 599.13
2018 611.92
Today 627.72