Value of 1984 Euro (Belgium) today

€100 in 1984

€211.79 in 2018

The inflation rate in Belgium between 1984 and today has been 111.79%, which translates into a total increase of €111.79. This means that 100 euro in 1984 are equivalent to 211.79 euro in 2018. In other words, the purchasing power of €100 in 1984 equals €211.79 today. The average annual inflation rate has been 2.17%.

Inflation timeline in Belgium (1984-2018)

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 (1984-2018) 106.46%
Total Inflation* 111.79%
Annual inflation avg. (1984-2018) 2.16%
Annual inflation avg.* 2.17%
CPI 1984 50.76
CPI 2018 104.8
CPI today* 107.51
€1 in 1984 €2.06 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 34 years between 1984 and 2018 and the average inflation rate has been 2.1672%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)34 = €206.46

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 1984 was 50.76 and the CPI today is 107.51. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
104.8/50.76
= €206.46

Belgium inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1984 €2.12 euro today
€5 euro in 1984 €10.59 euro today
€10 euro in 1984 €21.18 euro today
€50 euro in 1984 €105.89 euro today
€100 euro in 1984 €211.79 euro today
€500 euro in 1984 €1,058.94 euro today
€1,000 euro in 1984 €2,117.88 euro today
€5,000 euro in 1984 €10,589.38 euro today
€10,000 euro in 1984 €21,178.75 euro today
€50,000 euro in 1984 €105,893.77 euro today
€100,000 euro in 1984 €211,787.55 euro today
€500,000 euro in 1984 €1,058,937.74 euro today
€1,000,000 euro in 1984 €2,117,875.49 euro today

Value of Euro in time (by year)

Period Value
1984 100
1985 105.34
1986 109.59
1987 110.23
1988 111.82
1989 113.97
1990 118.08
1991 122.2
1992 125.62
1993 128.63
1994 132.1
1995 134.55
1996 136.53
1997 140
1998 141.6
1999 142.42
2000 145.17
2001 148.8
2002 152.05
2003 154.13
2004 156.81
2005 160.38
2006 165.01
2007 167.72
2008 172.9
2009 177.44
2010 177.91
2011 183.44
2012 189.82
2013 194.06
2014 195.93
2015 195.19
2016 198.12
2017 202.14
2018 206.46
Today 211.79