Value of 1969 Euro (Belgium) today

€100 in 1969

€592.11 in 2018

The inflation rate in Belgium between 1969 and today has been 492.11%, which translates into a total increase of €492.11. This means that 100 euro in 1969 are equivalent to 592.11 euro in 2018. In other words, the purchasing power of €100 in 1969 equals €592.11 today. The average annual inflation rate has been 3.62%.

Inflation timeline in Belgium (1969-2018)

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 (1969-2018) 478.11%
Total Inflation* 492.11%
Annual inflation avg. (1969-2018) 3.65%
Annual inflation avg.* 3.62%
CPI 1969 18.13
CPI 2018 104.8
CPI today* 107.34
€1 in 1969 €5.78 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 49 years between 1969 and 2018 and the average inflation rate has been 3.6211%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)49 = €578.11

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 1969 was 18.13 and the CPI today is 107.34. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/18.13
= €578.11

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1969 €5.92 euro today
€5 euro in 1969 €29.61 euro today
€10 euro in 1969 €59.21 euro today
€50 euro in 1969 €296.05 euro today
€100 euro in 1969 €592.11 euro today
€500 euro in 1969 €2,960.54 euro today
€1,000 euro in 1969 €5,921.09 euro today
€5,000 euro in 1969 €29,605.44 euro today
€10,000 euro in 1969 €59,210.88 euro today
€50,000 euro in 1969 €296,054.42 euro today
€100,000 euro in 1969 €592,108.84 euro today
€500,000 euro in 1969 €2,960,544.21 euro today
€1,000,000 euro in 1969 €5,921,088.42 euro today

Value of Euro in time (by year)

Period Value
1969 100
1970 104.37
1971 107.62
1972 113.62
1973 120.89
1974 129.71
1975 150.05
1976 166.59
1977 179.04
1978 190.36
1979 197.71
1980 207.87
1981 223.55
1982 241.74
1983 261.33
1984 280.02
1985 294.98
1986 306.87
1987 308.66
1988 313.12
1989 319.15
1990 330.65
1991 342.19
1992 351.75
1993 360.18
1994 369.9
1995 376.77
1996 382.29
1997 392.02
1998 396.5
1999 398.8
2000 406.51
2001 416.68
2002 425.75
2003 431.6
2004 439.09
2005 449.09
2006 462.05
2007 469.65
2008 484.14
2009 496.87
2010 498.19
2011 513.66
2012 531.53
2013 543.4
2014 548.64
2015 546.57
2016 554.77
2017 566.03
2018 578.11
Today 592.11