Value of 1974 Euro (Belgium) today

€100 in 1974
€484.77 in 2022

The inflation rate in Belgium between 1974 and today has been 384.77%, which translates into a total increase of €384.77. This means that 100 euro in 1974 are equivalent to 484.77 euro in 2022. In other words, the purchasing power of €100 in 1974 equals €484.77 today. The average annual inflation rate between these periods has been 3.34%.

Inflation timeline in Belgium (1974 - 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 1974-2021 334.91%
Cumulative inflation 1974-today 384.77%
Avg. Annual inflation 1974-2021 3.18%
CPI 1974 25.58
CPI 2021 111.26
CPI 2022-08 (latest official data) 122.94
CPI today 124.01

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 1974 and 2021, use the corresponding CPI values:

Value2021
=Value1974 ×
CPI2021/CPI1974
=€ 100 ×
111.26/25.58
€434.91

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 124.01:

Valuetoday
=Value1974 ×
CPItoday/CPI1974
=€ 100 ×
124.01/25.58
€484.77

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 47 years between 1974 and 2021 and the average inflation rate was 3.177%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.03177)47
€434.91

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1974 €4.35 euro in 2021
€5 euro in 1974 €21.75 euro in 2021
€10 euro in 1974 €43.49 euro in 2021
€50 euro in 1974 €217.45 euro in 2021
€100 euro in 1974 €434.91 euro in 2021
€500 euro in 1974 €2,174.54 euro in 2021
€1,000 euro in 1974 €4,349.08 euro in 2021
€5,000 euro in 1974 €21,745.38 euro in 2021
€10,000 euro in 1974 €43,490.76 euro in 2021
€50,000 euro in 1974 €217,453.82 euro in 2021
€100,000 euro in 1974 €434,907.65 euro in 2021
€500,000 euro in 1974 €2,174,538.24 euro in 2021
€1,000,000 euro in 1974 €4,349,076.48 euro in 2021
Cumulative inflation From 1974 384.77%
Avg. annual inflation From 1974 3.34%
CPI 1974 25.58
CPI today 124.01

Value of Euro over time (by year)

Period Value
1974 100
1975 112.77
1976 122.99
1977 131.72
1978 137.61
1979 143.76
1980 153.32
1981 165.01
1982 179.41
1983 193.16
1984 205.41
1985 215.41
1986 218.2
1987 221.59
1988 224.16
1989 231.13
1990 239.1
1991 246.78
1992 252.77
1993 259.74
1994 265.91
1995 269.82
1996 275.42
1997 279.9
1998 282.56
1999 285.73
2000 293
2001 300.23
2002 305.17
2003 310.02
2004 316.52
2005 325.33
2006 331.16
2007 337.19
2008 352.33
2009 352.14
2010 359.85
2011 372.56
2012 383.14
2013 387.41
2014 388.73
2015 390.91
2016 398.62
2017 407.1
2018 415.46
2019 421.43
2020 424.55
2021 434.91
2022-08 480.58
Today 484.77

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: