Value of 1980 Euro (Belgium) today

€100 in 1980
€331.59 in 2024

The inflation rate in Belgium between 1980 and today has been 231.59%, which translates into a total increase of €231.59. This means that 100 euro in 1980 are equivalent to 331.59 euro in 2024. In other words, the purchasing power of €100 in 1980 equals €331.59 today. The average annual inflation rate between these periods has been 2.76%.

Inflation timeline in Belgium (1980 - 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 1980-2023 223.47%
Cumulative inflation 1980-today 231.59%
Avg. Annual inflation 1980-2023 2.77%
CPI 1980 39.22
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 1980 and 2023, use the corresponding CPI values:

Value2023
=Value1980 ×
CPI2023/CPI1980
=€ 100 ×
126.87/39.22
€323.47

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

Valuetoday
=Value1980 ×
CPItoday/CPI1980
=€ 100 ×
130.05/39.22
€331.59

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 43 years between 1980 and 2023 and the average inflation rate was 2.7677%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.027677)43
€323.47

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1980 €3.23 euro in 2023
€5 euro in 1980 €16.17 euro in 2023
€10 euro in 1980 €32.35 euro in 2023
€50 euro in 1980 €161.74 euro in 2023
€100 euro in 1980 €323.47 euro in 2023
€500 euro in 1980 €1,617.37 euro in 2023
€1,000 euro in 1980 €3,234.73 euro in 2023
€5,000 euro in 1980 €16,173.67 euro in 2023
€10,000 euro in 1980 €32,347.33 euro in 2023
€50,000 euro in 1980 €161,736.66 euro in 2023
€100,000 euro in 1980 €323,473.33 euro in 2023
€500,000 euro in 1980 €1,617,366.64 euro in 2023
€1,000,000 euro in 1980 €3,234,733.27 euro in 2023
Cumulative inflation From 1980 231.59%
Avg. annual inflation From 1980 2.76%
CPI 1980 39.22
CPI today 130.05

Value of Euro over time (by year)

Period Value
1980 100
1981 107.63
1982 117.02
1983 125.99
1984 133.97
1985 140.5
1986 142.32
1987 144.53
1988 146.2
1989 150.75
1990 155.95
1991 160.96
1992 164.87
1993 169.41
1994 173.44
1995 175.98
1996 179.64
1997 182.56
1998 184.3
1999 186.36
2000 191.1
2001 195.82
2002 199.04
2003 202.21
2004 206.45
2005 212.19
2006 215.99
2007 219.93
2008 229.8
2009 229.68
2010 234.71
2011 243
2012 249.9
2013 252.68
2014 253.54
2015 254.96
2016 260
2017 265.52
2018 270.97
2019 274.87
2020 276.9
2021 283.66
2022 310.89
2023 323.47
2024-02 331.04
Today 331.59

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: