Value of 1960 Euro (France) today

€100 in 1960

€1,070.08 in 2018

The inflation rate in France between 1960 and today has been 970.08%, which translates into a total increase of €970.08. This means that 100 euro in 1960 are equivalent to 1,070.08 euro in 2018. In other words, the purchasing power of €100 in 1960 equals €1,070.08 today. The average annual inflation rate has been 4.1%.

Inflation timeline in France (1960-2018)

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 (1960-2018) 953.32%
Total Inflation* 970.08%
Annual inflation avg. (1960-2018) 4.14%
Annual inflation avg.* 4.1%
CPI 1960 9.67
CPI 2018 101.85
CPI today* 103.47
€1 in 1960 €10.53 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 58 years between 1960 and 2018 and the average inflation rate has been 4.0993%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)58 = €1,053.32

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 1960 was 9.67 and the CPI today is 103.47. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.85/9.67
= €1,053.32

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1960 €10.7 euro today
€5 euro in 1960 €53.5 euro today
€10 euro in 1960 €107.01 euro today
€50 euro in 1960 €535.04 euro today
€100 euro in 1960 €1,070.08 euro today
€500 euro in 1960 €5,350.4 euro today
€1,000 euro in 1960 €10,700.8 euro today
€5,000 euro in 1960 €53,504 euro today
€10,000 euro in 1960 €107,008.01 euro today
€50,000 euro in 1960 €535,040.03 euro today
€100,000 euro in 1960 €1,070,080.06 euro today
€500,000 euro in 1960 €5,350,400.32 euro today
€1,000,000 euro in 1960 €10,700,800.64 euro today

Value of Euro in time (by year)

Period Value
1960 100
1961 103.58
1962 107.71
1963 112.28
1964 118.02
1965 120.56
1966 123.98
1967 127.4
1968 131.71
1969 138.66
1970 146.83
1971 154.09
1972 163.32
1973 174.66
1974 189.48
1975 218.21
1976 239.23
1977 262.82
1978 286.41
1979 314.23
1980 351.28
1981 399.52
1982 455.02
1983 499.12
1984 545.5
1985 581.99
1986 609.36
1987 622.28
1988 641.67
1989 661.44
1990 685.01
1991 705.94
1992 727.24
1993 741.1
1994 756.71
1995 768.71
1996 784.74
1997 797.77
1998 806.87
1999 808.63
2000 818.77
2001 832.21
2002 843.48
2003 862.61
2004 881.44
2005 899.74
2006 914.12
2007 927.77
2008 951.76
2009 961.28
2010 970.07
2011 987.13
2012 1,011.43
2013 1,024.88
2014 1,032.12
2015 1,032.74
2016 1,034.6
2017 1,040.91
2018 1,053.32
Today 1,070.08