Value of 1981 Euro (Belgium) today

€100 in 1981
€304.19 in 2023

The inflation rate in Belgium between 1981 and today has been 204.19%, which translates into a total increase of €204.19. This means that 100 euro in 1981 are equivalent to 304.19 euro in 2023. In other words, the purchasing power of €100 in 1981 equals €304.19 today. The average annual inflation rate between these periods has been 2.68%.

Inflation timeline in Belgium (1981 - 2023)

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 1981-2022 188.85%
Cumulative inflation 1981-today 204.19%
Avg. Annual inflation 1981-2022 2.62%
CPI 1981 42.21
CPI 2022 121.93
CPI 2023-08 (latest official data) 127.97
CPI today 128.41

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 1981 and 2022, use the corresponding CPI values:

Value2022
=Value1981 ×
CPI2022/CPI1981
=€ 100 ×
121.93/42.21
€288.85

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 128.41:

Valuetoday
=Value1981 ×
CPItoday/CPI1981
=€ 100 ×
128.41/42.21
€304.19

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 41 years between 1981 and 2022 and the average inflation rate was 2.621%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=€100 × (1 + 0.02621)41
€288.85

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1981 €2.89 euro in 2022
€5 euro in 1981 €14.44 euro in 2022
€10 euro in 1981 €28.89 euro in 2022
€50 euro in 1981 €144.43 euro in 2022
€100 euro in 1981 €288.85 euro in 2022
€500 euro in 1981 €1,444.27 euro in 2022
€1,000 euro in 1981 €2,888.53 euro in 2022
€5,000 euro in 1981 €14,442.67 euro in 2022
€10,000 euro in 1981 €28,885.34 euro in 2022
€50,000 euro in 1981 €144,426.68 euro in 2022
€100,000 euro in 1981 €288,853.37 euro in 2022
€500,000 euro in 1981 €1,444,266.83 euro in 2022
€1,000,000 euro in 1981 €2,888,533.65 euro in 2022
Cumulative inflation From 1981 204.19%
Avg. annual inflation From 1981 2.68%
CPI 1981 42.21
CPI today 128.41

Value of Euro over time (by year)

Period Value
1981 100
1982 108.73
1983 117.06
1984 124.48
1985 130.54
1986 132.23
1987 134.28
1988 135.84
1989 140.06
1990 144.89
1991 149.55
1992 153.18
1993 157.4
1994 161.15
1995 163.51
1996 166.91
1997 169.62
1998 171.24
1999 173.15
2000 177.56
2001 181.94
2002 184.94
2003 187.88
2004 191.82
2005 197.15
2006 200.68
2007 204.34
2008 213.52
2009 213.4
2010 218.07
2011 225.78
2012 232.19
2013 234.77
2014 235.57
2015 236.89
2016 241.57
2017 246.71
2018 251.77
2019 255.39
2020 257.28
2021 263.56
2022 288.85
2023-08 303.14
Today 304.19

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 |

Other currencies: