Inflation calculator - Euro (France)

This tool is useful to calculate the time value of money based on historical inflation and CPI values. To start, select an amount and two years, or browse the default calculation results.

€100 in 1956
€1,556 in 2023

The inflation rate in France between 1956 and 2023 was 1,456%, which translates into a total increase of €1,456. This means that 100 euro in 1956 are equivalent to 1,556 euro in 2023. In other words, the purchasing power of €100 in 1956 equals €1,556 in 2023. The average annual inflation rate between these periods was 4.18%.

Inflation timeline in France (1956 - 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.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 1956 to 2023 1,456%
Avg. Annual inflation from 1956 to 2023 4.18%
CPI 1956 7.55
CPI 2023 117.47

How to calculate the time value of money with inflation data?

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 1956 and 2023, use the corresponding CPI values:

Value2023
=Value1956 ×
CPI2023/CPI1956
=€ 100 ×
117.47/7.55
€1,556

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 67 years between 1956 and 2023 and the average inflation rate was 4.1816%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.041816)67
€1,556

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1956 €15.56 euro in 2023
€5 euro in 1956 €77.8 euro in 2023
€10 euro in 1956 €155.6 euro in 2023
€50 euro in 1956 €778 euro in 2023
€100 euro in 1956 €1,556 euro in 2023
€500 euro in 1956 €7,780.01 euro in 2023
€1,000 euro in 1956 €15,560.02 euro in 2023
€5,000 euro in 1956 €77,800.08 euro in 2023
€10,000 euro in 1956 €155,600.16 euro in 2023
€50,000 euro in 1956 €778,000.78 euro in 2023
€100,000 euro in 1956 €1,556,001.55 euro in 2023
€500,000 euro in 1956 €7,780,007.76 euro in 2023
€1,000,000 euro in 1956 €15,560,015.52 euro in 2023
Cumulative inflation 1956-2023 1,456%
Avg. annual inflation 1956-2023 4.18%
CPI 1956 7.55
CPI 2023 117.47

Value of Euro over time (by year)

Period Value
1956 100
1957 103.06
1958 118.78
1959 125.69
1960 130.9
1961 134.04
1962 141.18
1963 148.24
1964 153
1965 157.14
1966 161.23
1967 165.73
1968 173.26
1969 183.73
1970 193.47
1971 203.91
1972 216.28
1973 232.24
1974 263.94
1975 294.78
1976 323.15
1977 353.84
1978 386.57
1979 427.73
1980 485.74
1981 550.41
1982 616.34
1983 674.64
1984 726.41
1985 768.77
1986 788.29
1987 814.21
1988 836.2
1989 865.46
1990 893.1
1991 921.8
1992 943.59
1993 963.45
1994 979.4
1995 996.99
1996 1,016.76
1997 1,029
1998 1,035.7
1999 1,041.26
2000 1,058.72
2001 1,076.02
2002 1,096.72
2003 1,119.73
2004 1,143.72
2005 1,163.69
2006 1,183.18
2007 1,200.79
2008 1,234.56
2009 1,235.64
2010 1,254.56
2011 1,281.05
2012 1,306.09
2013 1,317.37
2014 1,324.06
2015 1,324.56
2016 1,326.98
2017 1,340.68
2018 1,365.5
2019 1,380.63
2020 1,387.21
2021 1,409.99
2022 1,483.62
2023 1,556

All available years

Today's value of euro (France) 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: