Value of 1970 Euro (Belgium) today

€100 in 1970
€642.12 in 2022

The inflation rate in Belgium between 1970 and today has been 542.12%, which translates into a total increase of €542.12. This means that 100 euro in 1970 are equivalent to 642.12 euro in 2022. In other words, the purchasing power of €100 in 1970 equals €642.12 today. The average annual inflation rate between these periods has been 3.64%.

Inflation timeline in Belgium (1970 - 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 1970-2021 476.69%
Cumulative inflation 1970-today 542.12%
Avg. Annual inflation 1970-2021 3.5%
CPI 1970 19.29
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 1970 and 2021, use the corresponding CPI values:

Value2021
=Value1970 ×
CPI2021/CPI1970
=€ 100 ×
111.26/19.29
€576.69

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

Valuetoday
=Value1970 ×
CPItoday/CPI1970
=€ 100 ×
123.88/19.29
€642.12

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 51 years between 1970 and 2021 and the average inflation rate was 3.4953%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.034953)51
€576.69

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1970 €5.77 euro in 2021
€5 euro in 1970 €28.83 euro in 2021
€10 euro in 1970 €57.67 euro in 2021
€50 euro in 1970 €288.35 euro in 2021
€100 euro in 1970 €576.69 euro in 2021
€500 euro in 1970 €2,883.46 euro in 2021
€1,000 euro in 1970 €5,766.92 euro in 2021
€5,000 euro in 1970 €28,834.6 euro in 2021
€10,000 euro in 1970 €57,669.21 euro in 2021
€50,000 euro in 1970 €288,346.05 euro in 2021
€100,000 euro in 1970 €576,692.09 euro in 2021
€500,000 euro in 1970 €2,883,460.47 euro in 2021
€1,000,000 euro in 1970 €5,766,920.93 euro in 2021
Cumulative inflation From 1970 542.12%
Avg. annual inflation From 1970 3.64%
CPI 1970 19.29
CPI today 123.88

Value of Euro over time (by year)

Period Value
1970 100
1971 104.34
1972 110.03
1973 117.68
1974 132.6
1975 149.53
1976 163.09
1977 174.67
1978 182.47
1979 190.63
1980 203.3
1981 218.81
1982 237.9
1983 256.13
1984 272.38
1985 285.64
1986 289.33
1987 293.83
1988 297.24
1989 306.47
1990 317.04
1991 327.24
1992 335.18
1993 344.41
1994 352.6
1995 357.78
1996 365.21
1997 371.16
1998 374.68
1999 378.88
2000 388.52
2001 398.11
2002 404.66
2003 411.09
2004 419.71
2005 431.39
2006 439.12
2007 447.12
2008 467.19
2009 466.95
2010 477.17
2011 494.02
2012 508.05
2013 513.71
2014 515.45
2015 518.35
2016 528.58
2017 539.82
2018 550.9
2019 558.81
2020 562.95
2021 576.69
2022-08 637.26
Today 642.12

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: