Value of 1972 Euro (Belgium) today

€100 in 1972
€583.59 in 2022

The inflation rate in Belgium between 1972 and today has been 483.59%, which translates into a total increase of €483.59. This means that 100 euro in 1972 are equivalent to 583.59 euro in 2022. In other words, the purchasing power of €100 in 1972 equals €583.59 today. The average annual inflation rate between these periods has been 3.59%.

Inflation timeline in Belgium (1972 - 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 1972-2021 424.13%
Cumulative inflation 1972-today 483.59%
Avg. Annual inflation 1972-2021 3.44%
CPI 1972 21.23
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 1972 and 2021, use the corresponding CPI values:

Value2021
=Value1972 ×
CPI2021/CPI1972
=€ 100 ×
111.26/21.23
€524.13

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

Valuetoday
=Value1972 ×
CPItoday/CPI1972
=€ 100 ×
123.88/21.23
€583.59

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 49 years between 1972 and 2021 and the average inflation rate was 3.4385%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.034385)49
€524.13

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1972 €5.24 euro in 2021
€5 euro in 1972 €26.21 euro in 2021
€10 euro in 1972 €52.41 euro in 2021
€50 euro in 1972 €262.06 euro in 2021
€100 euro in 1972 €524.13 euro in 2021
€500 euro in 1972 €2,620.64 euro in 2021
€1,000 euro in 1972 €5,241.29 euro in 2021
€5,000 euro in 1972 €26,206.43 euro in 2021
€10,000 euro in 1972 €52,412.87 euro in 2021
€50,000 euro in 1972 €262,064.33 euro in 2021
€100,000 euro in 1972 €524,128.66 euro in 2021
€500,000 euro in 1972 €2,620,643.31 euro in 2021
€1,000,000 euro in 1972 €5,241,286.62 euro in 2021
Cumulative inflation From 1972 483.59%
Avg. annual inflation From 1972 3.59%
CPI 1972 21.23
CPI today 123.88

Value of Euro over time (by year)

Period Value
1972 100
1973 106.96
1974 120.51
1975 135.9
1976 148.23
1977 158.75
1978 165.84
1979 173.25
1980 184.77
1981 198.87
1982 216.22
1983 232.79
1984 247.55
1985 259.6
1986 262.96
1987 267.05
1988 270.15
1989 278.54
1990 288.15
1991 297.41
1992 304.63
1993 313.02
1994 320.46
1995 325.17
1996 331.92
1997 337.33
1998 340.53
1999 344.35
2000 353.11
2001 361.83
2002 367.78
2003 373.62
2004 381.46
2005 392.07
2006 399.09
2007 406.37
2008 424.61
2009 424.39
2010 433.68
2011 448.99
2012 461.74
2013 466.88
2014 468.47
2015 471.1
2016 480.4
2017 490.61
2018 500.69
2019 507.88
2020 511.64
2021 524.13
2022-08 579.18
Today 583.59

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: