Value of 1956 Euro (France) today

€100 in 1956
€1,584.35 in 2024

The inflation rate in France between 1956 and today has been 1,484.35%, which translates into a total increase of €1,484.35. This means that 100 euro in 1956 are equivalent to 1,584.35 euro in 2024. In other words, the purchasing power of €100 in 1956 equals €1,584.35 today. The average annual inflation rate between these periods has been 4.15%.

Inflation timeline in France (1956 - 2024)

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 1956-2023 1,456%
Cumulative inflation 1956-today 1,484.35%
Avg. Annual inflation 1956-2023 4.18%
CPI 1956 7.55
CPI 2023 117.47
CPI 2024-03 (latest official data) 119.47
CPI today 119.61

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 1956 and 2023, use the corresponding CPI values:

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

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 119.61:

Valuetoday
=Value1956 ×
CPItoday/CPI1956
=€ 100 ×
119.61/7.55
€1,584.35

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 From 1956 1,484.35%
Avg. annual inflation From 1956 4.15%
CPI 1956 7.55
CPI today 119.61

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
2024-03 1,582.46
Today 1,584.35

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: