Value of 1972 Euro (Belgium) today

€100 in 1972

€521.96 in 2018

The inflation rate in Belgium between 1972 and today has been 421.96%, which translates into a total increase of €421.96. This means that 100 euro in 1972 are equivalent to 521.96 euro in 2018. In other words, the purchasing power of €100 in 1972 equals €521.96 today. The average annual inflation rate has been 3.58%.

Inflation timeline in Belgium (1972-2018)

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 (1972-2018) 408.82%
Total Inflation* 421.96%
Annual inflation avg. (1972-2018) 3.6%
Annual inflation avg.* 3.58%
CPI 1972 20.6
CPI 2018 104.8
CPI today* 107.51
€1 in 1972 €5.09 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 46 years between 1972 and 2018 and the average inflation rate has been 3.5783%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)46 = €508.82

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 1972 was 20.6 and the CPI today is 107.51. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/20.6
= €508.82

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1972 €5.22 euro today
€5 euro in 1972 €26.1 euro today
€10 euro in 1972 €52.2 euro today
€50 euro in 1972 €260.98 euro today
€100 euro in 1972 €521.96 euro today
€500 euro in 1972 €2,609.81 euro today
€1,000 euro in 1972 €5,219.63 euro today
€5,000 euro in 1972 €26,098.13 euro today
€10,000 euro in 1972 €52,196.26 euro today
€50,000 euro in 1972 €260,981.28 euro today
€100,000 euro in 1972 €521,962.56 euro today
€500,000 euro in 1972 €2,609,812.82 euro today
€1,000,000 euro in 1972 €5,219,625.64 euro today

Value of Euro in time (by year)

Period Value
1972 100
1973 106.4
1974 114.16
1975 132.07
1976 146.63
1977 157.58
1978 167.54
1979 174.02
1980 182.95
1981 196.76
1982 212.77
1983 230
1984 246.46
1985 259.62
1986 270.09
1987 271.66
1988 275.6
1989 280.9
1990 291.02
1991 301.18
1992 309.59
1993 317.01
1994 325.56
1995 331.62
1996 336.47
1997 345.04
1998 348.98
1999 351
2000 357.79
2001 366.74
2002 374.72
2003 379.87
2004 386.46
2005 395.27
2006 406.67
2007 413.36
2008 426.11
2009 437.32
2010 438.48
2011 452.09
2012 467.83
2013 478.27
2014 482.89
2015 481.06
2016 488.28
2017 498.19
2018 508.82
Today 521.96