Value of 1982 Euro (Belgium) today

€100 in 1982

€245.32 in 2018

The inflation rate in Belgium between 1982 and today has been 145.32%, which translates into a total increase of €145.32. This means that 100 euro in 1982 are equivalent to 245.32 euro in 2018. In other words, the purchasing power of €100 in 1982 equals €245.32 today. The average annual inflation rate has been 2.46%.

Inflation timeline in Belgium (1982-2018)

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 (1982-2018) 139.15%
Total Inflation* 145.32%
Annual inflation avg. (1982-2018) 2.45%
Annual inflation avg.* 2.46%
CPI 1982 43.82
CPI 2018 104.8
CPI today* 107.51
€1 in 1982 €2.39 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 36 years between 1982 and 2018 and the average inflation rate has been 2.4551%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)36 = €239.15

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 1982 was 43.82 and the CPI today is 107.51. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/43.82
= €239.15

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1982 €2.45 euro today
€5 euro in 1982 €12.27 euro today
€10 euro in 1982 €24.53 euro today
€50 euro in 1982 €122.66 euro today
€100 euro in 1982 €245.32 euro today
€500 euro in 1982 €1,226.61 euro today
€1,000 euro in 1982 €2,453.21 euro today
€5,000 euro in 1982 €12,266.07 euro today
€10,000 euro in 1982 €24,532.13 euro today
€50,000 euro in 1982 €122,660.67 euro today
€100,000 euro in 1982 €245,321.34 euro today
€500,000 euro in 1982 €1,226,606.68 euro today
€1,000,000 euro in 1982 €2,453,213.37 euro today

Value of Euro in time (by year)

Period Value
1982 100
1983 108.1
1984 115.83
1985 122.02
1986 126.94
1987 127.68
1988 129.53
1989 132.02
1990 136.78
1991 141.55
1992 145.51
1993 149
1994 153.01
1995 155.86
1996 158.14
1997 162.17
1998 164.02
1999 164.97
2000 168.16
2001 172.37
2002 176.12
2003 178.54
2004 181.64
2005 185.78
2006 191.14
2007 194.28
2008 200.27
2009 205.54
2010 206.08
2011 212.48
2012 219.88
2013 224.79
2014 226.96
2015 226.1
2016 229.49
2017 234.15
2018 239.15
Today 245.32