Value of 1981 Euro (Belgium) today

€100 in 1981

€265.28 in 2018

The inflation rate in Belgium between 1981 and today has been 165.28%, which translates into a total increase of €165.28. This means that 100 euro in 1981 are equivalent to 265.28 euro in 2018. In other words, the purchasing power of €100 in 1981 equals €265.28 today. The average annual inflation rate has been 2.6%.

Inflation timeline in Belgium (1981-2018)

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 (1981-2018) 158.6%
Total Inflation* 165.28%
Annual inflation avg. (1981-2018) 2.6%
Annual inflation avg.* 2.6%
CPI 1981 40.53
CPI 2018 104.8
CPI today* 107.51
€1 in 1981 €2.59 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 37 years between 1981 and 2018 and the average inflation rate has been 2.6006%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)37 = €258.6

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 1981 was 40.53 and the CPI today is 107.51. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/40.53
= €258.6

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1981 €2.65 euro today
€5 euro in 1981 €13.26 euro today
€10 euro in 1981 €26.53 euro today
€50 euro in 1981 €132.64 euro today
€100 euro in 1981 €265.28 euro today
€500 euro in 1981 €1,326.39 euro today
€1,000 euro in 1981 €2,652.77 euro today
€5,000 euro in 1981 €13,263.87 euro today
€10,000 euro in 1981 €26,527.75 euro today
€50,000 euro in 1981 €132,638.73 euro today
€100,000 euro in 1981 €265,277.46 euro today
€500,000 euro in 1981 €1,326,387.29 euro today
€1,000,000 euro in 1981 €2,652,774.58 euro today

Value of Euro in time (by year)

Period Value
1981 100
1982 108.13
1983 116.9
1984 125.26
1985 131.95
1986 137.27
1987 138.07
1988 140.07
1989 142.76
1990 147.91
1991 153.07
1992 157.34
1993 161.12
1994 165.46
1995 168.54
1996 171.01
1997 175.36
1998 177.36
1999 178.39
2000 181.84
2001 186.39
2002 190.45
2003 193.06
2004 196.41
2005 200.89
2006 206.68
2007 210.08
2008 216.56
2009 222.26
2010 222.85
2011 229.77
2012 237.76
2013 243.07
2014 245.42
2015 244.49
2016 248.16
2017 253.2
2018 258.6
Today 265.28