Value of 1979 Euro (Belgium) today

€100 in 1979
€353.64 in 2024

The inflation rate in Belgium between 1979 and today has been 253.64%, which translates into a total increase of €253.64. This means that 100 euro in 1979 are equivalent to 353.64 euro in 2024. In other words, the purchasing power of €100 in 1979 equals €353.64 today. The average annual inflation rate between these periods has been 2.85%.

Inflation timeline in Belgium (1979 - 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 1979-2023 244.98%
Cumulative inflation 1979-today 253.64%
Avg. Annual inflation 1979-2023 2.85%
CPI 1979 36.78
CPI 2023 126.87
CPI 2024-02 (latest official data) 129.84
CPI today 130.05

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 1979 and 2023, use the corresponding CPI values:

Value2023
=Value1979 ×
CPI2023/CPI1979
=€ 100 ×
126.87/36.78
€344.98

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 130.05:

Valuetoday
=Value1979 ×
CPItoday/CPI1979
=€ 100 ×
130.05/36.78
€353.64

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 1979 and 2023 and the average inflation rate was 2.8543%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.028543)44
€344.98

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1979 €3.45 euro in 2023
€5 euro in 1979 €17.25 euro in 2023
€10 euro in 1979 €34.5 euro in 2023
€50 euro in 1979 €172.49 euro in 2023
€100 euro in 1979 €344.98 euro in 2023
€500 euro in 1979 €1,724.9 euro in 2023
€1,000 euro in 1979 €3,449.8 euro in 2023
€5,000 euro in 1979 €17,249.01 euro in 2023
€10,000 euro in 1979 €34,498.02 euro in 2023
€50,000 euro in 1979 €172,490.08 euro in 2023
€100,000 euro in 1979 €344,980.16 euro in 2023
€500,000 euro in 1979 €1,724,900.79 euro in 2023
€1,000,000 euro in 1979 €3,449,801.58 euro in 2023
Cumulative inflation From 1979 253.64%
Avg. annual inflation From 1979 2.85%
CPI 1979 36.78
CPI today 130.05

Value of Euro over time (by year)

Period Value
1979 100
1980 106.65
1981 114.78
1982 124.8
1983 134.36
1984 142.88
1985 149.84
1986 151.78
1987 154.14
1988 155.93
1989 160.77
1990 166.31
1991 171.66
1992 175.83
1993 180.67
1994 184.97
1995 187.68
1996 191.58
1997 194.7
1998 196.55
1999 198.75
2000 203.81
2001 208.84
2002 212.28
2003 215.65
2004 220.17
2005 226.3
2006 230.35
2007 234.55
2008 245.08
2009 244.95
2010 250.31
2011 259.15
2012 266.51
2013 269.48
2014 270.4
2015 271.91
2016 277.28
2017 283.18
2018 288.99
2019 293.14
2020 295.31
2021 302.52
2022 331.56
2023 344.98
2024-02 353.05
Today 353.64

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 | 2022 | 2023 |

Other currencies: