Value of 1956 Euro (France) today

€100 in 1956

€1,383.58 in 2018

The inflation rate in France between 1956 and today has been 1,283.58%, which translates into a total increase of €1,283.58. This means that 100 euro in 1956 are equivalent to 1,383.58 euro in 2018. In other words, the purchasing power of €100 in 1956 equals €1,383.58 today. The average annual inflation rate has been 4.26%.

Inflation timeline in France (1956-2018)

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 (1956-2018) 1,261.9%
Total Inflation* 1,283.58%
Annual inflation avg. (1956-2018) 4.3%
Annual inflation avg.* 4.26%
CPI 1956 7.48
CPI 2018 101.85
CPI today* 103.47
€1 in 1956 €13.62 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 62 years between 1956 and 2018 and the average inflation rate has been 4.2584%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)62 = €1,361.9

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 1956 was 7.48 and the CPI today is 103.47. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.85/7.48
= €1,361.9

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1956 €13.84 euro today
€5 euro in 1956 €69.18 euro today
€10 euro in 1956 €138.36 euro today
€50 euro in 1956 €691.79 euro today
€100 euro in 1956 €1,383.58 euro today
€500 euro in 1956 €6,917.88 euro today
€1,000 euro in 1956 €13,835.75 euro today
€5,000 euro in 1956 €69,178.75 euro today
€10,000 euro in 1956 €138,357.51 euro today
€50,000 euro in 1956 €691,787.54 euro today
€100,000 euro in 1956 €1,383,575.09 euro today
€500,000 euro in 1956 €6,917,875.43 euro today
€1,000,000 euro in 1956 €13,835,750.85 euro today

Value of Euro in time (by year)

Period Value
1956 100
1957 101.23
1958 111.88
1959 121.84
1960 129.3
1961 133.93
1962 139.27
1963 145.17
1964 152.59
1965 155.87
1966 160.3
1967 164.72
1968 170.29
1969 179.28
1970 189.85
1971 199.24
1972 211.16
1973 225.83
1974 244.99
1975 282.14
1976 309.32
1977 339.82
1978 370.32
1979 406.29
1980 454.2
1981 516.57
1982 588.33
1983 645.34
1984 705.31
1985 752.49
1986 787.88
1987 804.59
1988 829.66
1989 855.22
1990 885.69
1991 912.75
1992 940.3
1993 958.21
1994 978.4
1995 993.92
1996 1,014.64
1997 1,031.49
1998 1,043.26
1999 1,045.53
2000 1,058.63
2001 1,076.02
2002 1,090.59
2003 1,115.33
2004 1,139.67
2005 1,163.33
2006 1,181.92
2007 1,199.57
2008 1,230.59
2009 1,242.9
2010 1,254.26
2011 1,276.33
2012 1,307.75
2013 1,325.13
2014 1,334.49
2015 1,335.29
2016 1,337.7
2017 1,345.86
2018 1,361.9
Today 1,383.58