Value of 1974 Euro (Belgium) today

€100 in 1974

€456.5 in 2018

The inflation rate in Belgium between 1974 and today has been 356.5%, which translates into a total increase of €356.5. This means that 100 euro in 1974 are equivalent to 456.5 euro in 2018. In other words, the purchasing power of €100 in 1974 equals €456.5 today. The average annual inflation rate has been 3.43%.

Inflation timeline in Belgium (1974-2018)

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 (1974-2018) 345.71%
Total Inflation* 356.5%
Annual inflation avg. (1974-2018) 3.45%
Annual inflation avg.* 3.43%
CPI 1974 23.51
CPI 2018 104.8
CPI today* 107.34
€1 in 1974 €4.46 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 44 years between 1974 and 2018 and the average inflation rate has been 3.4318%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)44 = €445.71

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 1974 was 23.51 and the CPI today is 107.34. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/23.51
= €445.71

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1974 €4.56 euro today
€5 euro in 1974 €22.82 euro today
€10 euro in 1974 €45.65 euro today
€50 euro in 1974 €228.25 euro today
€100 euro in 1974 €456.5 euro today
€500 euro in 1974 €2,282.5 euro today
€1,000 euro in 1974 €4,564.99 euro today
€5,000 euro in 1974 €22,824.97 euro today
€10,000 euro in 1974 €45,649.94 euro today
€50,000 euro in 1974 €228,249.72 euro today
€100,000 euro in 1974 €456,499.44 euro today
€500,000 euro in 1974 €2,282,497.21 euro today
€1,000,000 euro in 1974 €4,564,994.43 euro today

Value of Euro in time (by year)

Period Value
1974 100
1975 115.68
1976 128.44
1977 138.03
1978 146.76
1979 152.43
1980 160.26
1981 172.35
1982 186.38
1983 201.47
1984 215.88
1985 227.42
1986 236.59
1987 237.96
1988 241.41
1989 246.05
1990 254.92
1991 263.82
1992 271.19
1993 277.69
1994 285.18
1995 290.48
1996 294.74
1997 302.24
1998 305.69
1999 307.46
2000 313.41
2001 321.25
2002 328.24
2003 332.75
2004 338.53
2005 346.24
2006 356.23
2007 362.09
2008 373.26
2009 383.08
2010 384.09
2011 396.02
2012 409.8
2013 418.94
2014 422.99
2015 421.39
2016 427.71
2017 436.39
2018 445.71
Today 456.5