Value of 1973 Euro (Belgium) today

€100 in 1973
€527.33 in 2022

The inflation rate in Belgium between 1973 and today has been 427.33%, which translates into a total increase of €427.33. This means that 100 euro in 1973 are equivalent to 527.33 euro in 2022. In other words, the purchasing power of €100 in 1973 equals €527.33 today. The average annual inflation rate between these periods has been 3.45%.

Inflation timeline in Belgium (1973 - 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 1973-2021 390.04%
Cumulative inflation 1973-today 427.33%
Avg. Annual inflation 1973-2021 3.37%
CPI 1973 22.7
CPI 2021 111.26
CPI 2022-04 (latest official data) 119.02
CPI today 119.72

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 1973 and 2021, use the corresponding CPI values:

Value2021
=Value1973 ×
CPI2021/CPI1973
=€ 100 ×
111.26/22.7
€490.04

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 119.72:

Valuetoday
=Value1973 ×
CPItoday/CPI1973
=€ 100 ×
119.72/22.7
€527.33

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 48 years between 1973 and 2021 and the average inflation rate was 3.3665%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.033665)48
€490.04

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1973 €4.9 euro in 2021
€5 euro in 1973 €24.5 euro in 2021
€10 euro in 1973 €49 euro in 2021
€50 euro in 1973 €245.02 euro in 2021
€100 euro in 1973 €490.04 euro in 2021
€500 euro in 1973 €2,450.22 euro in 2021
€1,000 euro in 1973 €4,900.45 euro in 2021
€5,000 euro in 1973 €24,502.23 euro in 2021
€10,000 euro in 1973 €49,004.46 euro in 2021
€50,000 euro in 1973 €245,022.29 euro in 2021
€100,000 euro in 1973 €490,044.58 euro in 2021
€500,000 euro in 1973 €2,450,222.92 euro in 2021
€1,000,000 euro in 1973 €4,900,445.84 euro in 2021
Cumulative inflation From 1973 427.33%
Avg. annual inflation From 1973 3.45%
CPI 1973 22.7
CPI today 119.72

Value of Euro over time (by year)

Period Value
1973 100
1974 112.68
1975 127.06
1976 138.59
1977 148.42
1978 155.06
1979 161.99
1980 172.76
1981 185.93
1982 202.16
1983 217.65
1984 231.45
1985 242.72
1986 245.86
1987 249.68
1988 252.58
1989 260.43
1990 269.41
1991 278.07
1992 284.82
1993 292.67
1994 299.62
1995 304.02
1996 310.34
1997 315.39
1998 318.38
1999 321.95
2000 330.14
2001 338.3
2002 343.86
2003 349.33
2004 356.65
2005 366.57
2006 373.14
2007 379.94
2008 397
2009 396.79
2010 405.47
2011 419.8
2012 431.72
2013 436.52
2014 438.01
2015 440.47
2016 449.16
2017 458.71
2018 468.13
2019 474.85
2020 478.37
2021 490.04
2022-04 524.22
Today 527.33

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: