Value of 1968 Euro (Belgium) today

€100 in 1968
€693.2 in 2022

The inflation rate in Belgium between 1968 and today has been 593.2%, which translates into a total increase of €593.2. This means that 100 euro in 1968 are equivalent to 693.2 euro in 2022. In other words, the purchasing power of €100 in 1968 equals €693.2 today. The average annual inflation rate between these periods has been 3.65%.

Inflation timeline in Belgium (1968 - 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 1968-2021 521.73%
Cumulative inflation 1968-today 593.2%
Avg. Annual inflation 1968-2021 3.51%
CPI 1968 17.89
CPI 2021 111.26
CPI 2022-08 (latest official data) 122.94
CPI today 124.05

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 1968 and 2021, use the corresponding CPI values:

Value2021
=Value1968 ×
CPI2021/CPI1968
=€ 100 ×
111.26/17.89
€621.73

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 124.05:

Valuetoday
=Value1968 ×
CPItoday/CPI1968
=€ 100 ×
124.05/17.89
€693.2

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 53 years between 1968 and 2021 and the average inflation rate was 3.5079%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.035079)53
€621.73

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1968 €6.22 euro in 2021
€5 euro in 1968 €31.09 euro in 2021
€10 euro in 1968 €62.17 euro in 2021
€50 euro in 1968 €310.86 euro in 2021
€100 euro in 1968 €621.73 euro in 2021
€500 euro in 1968 €3,108.63 euro in 2021
€1,000 euro in 1968 €6,217.27 euro in 2021
€5,000 euro in 1968 €31,086.34 euro in 2021
€10,000 euro in 1968 €62,172.68 euro in 2021
€50,000 euro in 1968 €310,863.41 euro in 2021
€100,000 euro in 1968 €621,726.82 euro in 2021
€500,000 euro in 1968 €3,108,634.08 euro in 2021
€1,000,000 euro in 1968 €6,217,268.17 euro in 2021
Cumulative inflation From 1968 593.2%
Avg. annual inflation From 1968 3.65%
CPI 1968 17.89
CPI today 124.05

Value of Euro over time (by year)

Period Value
1968 100
1969 103.75
1970 107.81
1971 112.49
1972 118.62
1973 126.87
1974 142.96
1975 161.21
1976 175.83
1977 188.31
1978 196.72
1979 205.52
1980 219.18
1981 235.9
1982 256.48
1983 276.13
1984 293.65
1985 307.94
1986 311.93
1987 316.77
1988 320.45
1989 330.41
1990 341.8
1991 352.79
1992 361.36
1993 371.31
1994 380.14
1995 385.72
1996 393.73
1997 400.14
1998 403.94
1999 408.47
2000 418.86
2001 429.2
2002 436.26
2003 443.2
2004 452.49
2005 465.08
2006 473.41
2007 482.04
2008 503.68
2009 503.41
2010 514.43
2011 532.6
2012 547.73
2013 553.82
2014 555.71
2015 558.83
2016 569.86
2017 581.97
2018 593.92
2019 602.45
2020 606.92
2021 621.73
2022-08 687.02
Today 693.2

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: