Value of 1968 Euro (Belgium) today

€100 in 1968

€607.97 in 2018

The inflation rate in Belgium between 1968 and today has been 507.97%, which translates into a total increase of €507.97. This means that 100 euro in 1968 are equivalent to 607.97 euro in 2018. In other words, the purchasing power of €100 in 1968 equals €607.97 today. The average annual inflation rate has been 3.6%.

Inflation timeline in Belgium (1968-2018)

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 (1968-2018) 492.67%
Total Inflation* 507.97%
Annual inflation avg. (1968-2018) 3.62%
Annual inflation avg.* 3.6%
CPI 1968 17.68
CPI 2018 104.8
CPI today* 107.51
€1 in 1968 €5.93 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 50 years between 1968 and 2018 and the average inflation rate has been 3.6025%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)50 = €592.67

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 1968 was 17.68 and the CPI today is 107.51. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/17.68
= €592.67

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1968 €6.08 euro today
€5 euro in 1968 €30.4 euro today
€10 euro in 1968 €60.8 euro today
€50 euro in 1968 €303.99 euro today
€100 euro in 1968 €607.97 euro today
€500 euro in 1968 €3,039.87 euro today
€1,000 euro in 1968 €6,079.75 euro today
€5,000 euro in 1968 €30,398.73 euro today
€10,000 euro in 1968 €60,797.47 euro today
€50,000 euro in 1968 €303,987.34 euro today
€100,000 euro in 1968 €607,974.67 euro today
€500,000 euro in 1968 €3,039,873.36 euro today
€1,000,000 euro in 1968 €6,079,746.73 euro today

Value of Euro in time (by year)

Period Value
1968 100
1969 102.52
1970 107
1971 110.33
1972 116.48
1973 123.93
1974 132.97
1975 153.83
1976 170.79
1977 183.54
1978 195.15
1979 202.69
1980 213.1
1981 229.18
1982 247.83
1983 267.91
1984 287.07
1985 302.4
1986 314.6
1987 316.43
1988 321.01
1989 327.18
1990 338.98
1991 350.81
1992 360.61
1993 369.25
1994 379.21
1995 386.26
1996 391.92
1997 401.89
1998 406.49
1999 408.84
2000 416.75
2001 427.17
2002 436.47
2003 442.47
2004 450.15
2005 460.4
2006 473.69
2007 481.48
2008 496.33
2009 509.39
2010 510.73
2011 526.59
2012 544.92
2013 557.08
2014 562.46
2015 560.33
2016 568.74
2017 580.28
2018 592.67
Today 607.97