Value of 1976 Euro (Belgium) today

€100 in 1976

€355.98 in 2018

The inflation rate in Belgium between 1976 and today has been 255.98%, which translates into a total increase of €255.98. This means that 100 euro in 1976 are equivalent to 355.98 euro in 2018. In other words, the purchasing power of €100 in 1976 equals €355.98 today. The average annual inflation rate has been 3%.

Inflation timeline in Belgium (1976-2018)

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 (1976-2018) 247.02%
Total Inflation* 255.98%
Annual inflation avg. (1976-2018) 3.01%
Annual inflation avg.* 3%
CPI 1976 30.2
CPI 2018 104.8
CPI today* 107.51
€1 in 1976 €3.47 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 42 years between 1976 and 2018 and the average inflation rate has been 2.9968%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)42 = €347.02

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 1976 was 30.2 and the CPI today is 107.51. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/30.2
= €347.02

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1976 €3.56 euro today
€5 euro in 1976 €17.8 euro today
€10 euro in 1976 €35.6 euro today
€50 euro in 1976 €177.99 euro today
€100 euro in 1976 €355.98 euro today
€500 euro in 1976 €1,779.89 euro today
€1,000 euro in 1976 €3,559.79 euro today
€5,000 euro in 1976 €17,798.94 euro today
€10,000 euro in 1976 €35,597.87 euro today
€50,000 euro in 1976 €177,989.37 euro today
€100,000 euro in 1976 €355,978.73 euro today
€500,000 euro in 1976 €1,779,893.66 euro today
€1,000,000 euro in 1976 €3,559,787.31 euro today

Value of Euro in time (by year)

Period Value
1976 100
1977 107.47
1978 114.26
1979 118.68
1980 124.77
1981 134.19
1982 145.11
1983 156.86
1984 168.08
1985 177.06
1986 184.2
1987 185.27
1988 187.96
1989 191.57
1990 198.48
1991 205.4
1992 211.14
1993 216.2
1994 222.03
1995 226.16
1996 229.48
1997 235.32
1998 238.01
1999 239.38
2000 244.01
2001 250.12
2002 255.56
2003 259.07
2004 263.57
2005 269.57
2006 277.35
2007 281.91
2008 290.61
2009 298.25
2010 299.04
2011 308.33
2012 319.06
2013 326.18
2014 329.33
2015 328.08
2016 333.01
2017 339.77
2018 347.02
Today 355.98