Value of 1976 Euro (Belgium) today

€100 in 1976
€419.48 in 2024

The inflation rate in Belgium between 1976 and today has been 319.48%, which translates into a total increase of €319.48. This means that 100 euro in 1976 are equivalent to 419.48 euro in 2024. In other words, the purchasing power of €100 in 1976 equals €419.48 today. The average annual inflation rate between these periods has been 3.03%.

Inflation timeline in Belgium (1976 - 2024)

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 1976-2023 303.23%
Cumulative inflation 1976-today 319.48%
Avg. Annual inflation 1976-2023 3.01%
CPI 1976 31.46
CPI 2023 126.87
CPI 2024-10 (latest official data) 131.6
CPI today 131.98

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 1976 and 2023, use the corresponding CPI values:

Value2023
=Value1976 ×
CPI2023/CPI1976
=€ 100 ×
126.87/31.46
€403.23

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 131.98:

Valuetoday
=Value1976 ×
CPItoday/CPI1976
=€ 100 ×
131.98/31.46
€419.48

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 1976 and 2023 and the average inflation rate was 3.0111%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.030111)47
€403.23

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1976 €4.03 euro in 2023
€5 euro in 1976 €20.16 euro in 2023
€10 euro in 1976 €40.32 euro in 2023
€50 euro in 1976 €201.61 euro in 2023
€100 euro in 1976 €403.23 euro in 2023
€500 euro in 1976 €2,016.13 euro in 2023
€1,000 euro in 1976 €4,032.27 euro in 2023
€5,000 euro in 1976 €20,161.33 euro in 2023
€10,000 euro in 1976 €40,322.66 euro in 2023
€50,000 euro in 1976 €201,613.28 euro in 2023
€100,000 euro in 1976 €403,226.55 euro in 2023
€500,000 euro in 1976 €2,016,132.77 euro in 2023
€1,000,000 euro in 1976 €4,032,265.55 euro in 2023
Cumulative inflation From 1976 319.48%
Avg. annual inflation From 1976 3.03%
CPI 1976 31.46
CPI today 131.98

Value of Euro over time (by year)

Period Value
1976 100
1977 107.1
1978 111.88
1979 116.88
1980 124.66
1981 134.16
1982 145.87
1983 157.05
1984 167.01
1985 175.14
1986 177.4
1987 180.16
1988 182.25
1989 187.91
1990 194.39
1991 200.65
1992 205.52
1993 211.18
1994 216.2
1995 219.37
1996 223.93
1997 227.57
1998 229.73
1999 232.31
2000 238.22
2001 244.1
2002 248.12
2003 252.06
2004 257.35
2005 264.51
2006 269.24
2007 274.15
2008 286.46
2009 286.31
2010 292.58
2011 302.91
2012 311.51
2013 314.98
2014 316.05
2015 317.82
2016 324.1
2017 330.99
2018 337.78
2019 342.64
2020 345.18
2021 353.6
2022 387.54
2023 403.23
2024-10 418.26
Today 419.48

All available years

Today's value of euro (Belgium) by year:

1955 | 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 | 2022 | 2023 |

Other currencies: