Value of 1977 Euro (Belgium) today

€100 in 1977
€367.53 in 2022

The inflation rate in Belgium between 1977 and today has been 267.53%, which translates into a total increase of €267.53. This means that 100 euro in 1977 are equivalent to 367.53 euro in 2022. In other words, the purchasing power of €100 in 1977 equals €367.53 today. The average annual inflation rate between these periods has been 2.93%.

Inflation timeline in Belgium (1977 - 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 1977-2021 230.17%
Cumulative inflation 1977-today 267.53%
Avg. Annual inflation 1977-2021 2.75%
CPI 1977 33.7
CPI 2021 111.26
CPI 2022-08 (latest official data) 122.94
CPI today 123.84

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 1977 and 2021, use the corresponding CPI values:

Value2021
=Value1977 ×
CPI2021/CPI1977
=€ 100 ×
111.26/33.7
€330.17

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 123.84:

Valuetoday
=Value1977 ×
CPItoday/CPI1977
=€ 100 ×
123.84/33.7
€367.53

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 44 years between 1977 and 2021 and the average inflation rate was 2.7518%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.027518)44
€330.17

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1977 €3.3 euro in 2021
€5 euro in 1977 €16.51 euro in 2021
€10 euro in 1977 €33.02 euro in 2021
€50 euro in 1977 €165.08 euro in 2021
€100 euro in 1977 €330.17 euro in 2021
€500 euro in 1977 €1,650.85 euro in 2021
€1,000 euro in 1977 €3,301.7 euro in 2021
€5,000 euro in 1977 €16,508.49 euro in 2021
€10,000 euro in 1977 €33,016.97 euro in 2021
€50,000 euro in 1977 €165,084.85 euro in 2021
€100,000 euro in 1977 €330,169.71 euro in 2021
€500,000 euro in 1977 €1,650,848.54 euro in 2021
€1,000,000 euro in 1977 €3,301,697.09 euro in 2021
Cumulative inflation From 1977 267.53%
Avg. annual inflation From 1977 2.93%
CPI 1977 33.7
CPI today 123.84

Value of Euro over time (by year)

Period Value
1977 100
1978 104.47
1979 109.14
1980 116.4
1981 125.27
1982 136.21
1983 146.64
1984 155.94
1985 163.53
1986 165.65
1987 168.22
1988 170.18
1989 175.46
1990 181.51
1991 187.35
1992 191.9
1993 197.19
1994 201.87
1995 204.84
1996 209.09
1997 212.5
1998 214.51
1999 216.92
2000 222.44
2001 227.93
2002 231.68
2003 235.36
2004 240.3
2005 246.98
2006 251.4
2007 255.99
2008 267.48
2009 267.34
2010 273.19
2011 282.84
2012 290.87
2013 294.11
2014 295.11
2015 296.77
2016 302.62
2017 309.06
2018 315.4
2019 319.93
2020 322.3
2021 330.17
2022-08 364.85
Today 367.53

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: