Value of 1960 Euro (France) today

€100 in 1960
€1,200.82 in 2024

The inflation rate in France between 1960 and today has been 1,100.82%, which translates into a total increase of €1,100.82. This means that 100 euro in 1960 are equivalent to 1,200.82 euro in 2024. In other words, the purchasing power of €100 in 1960 equals €1,200.82 today. The average annual inflation rate between these periods has been 3.96%.

Inflation timeline in France (1960 - 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 1960-2023 1,088.73%
Cumulative inflation 1960-today 1,100.82%
Avg. Annual inflation 1960-2023 4.01%
CPI 1960 9.88
CPI 2023 117.47
CPI 2024-01 (latest official data) 118.19
CPI today 118.67

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 1960 and 2023, use the corresponding CPI values:

Value2023
=Value1960 ×
CPI2023/CPI1960
=€ 100 ×
117.47/9.88
€1,188.73

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 118.67:

Valuetoday
=Value1960 ×
CPItoday/CPI1960
=€ 100 ×
118.67/9.88
€1,200.82

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 63 years between 1960 and 2023 and the average inflation rate was 4.0075%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.040075)63
€1,188.73

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1960 €11.89 euro in 2023
€5 euro in 1960 €59.44 euro in 2023
€10 euro in 1960 €118.87 euro in 2023
€50 euro in 1960 €594.37 euro in 2023
€100 euro in 1960 €1,188.73 euro in 2023
€500 euro in 1960 €5,943.65 euro in 2023
€1,000 euro in 1960 €11,887.31 euro in 2023
€5,000 euro in 1960 €59,436.54 euro in 2023
€10,000 euro in 1960 €118,873.09 euro in 2023
€50,000 euro in 1960 €594,365.43 euro in 2023
€100,000 euro in 1960 €1,188,730.86 euro in 2023
€500,000 euro in 1960 €5,943,654.32 euro in 2023
€1,000,000 euro in 1960 €11,887,308.65 euro in 2023
Cumulative inflation From 1960 1,100.82%
Avg. annual inflation From 1960 3.96%
CPI 1960 9.88
CPI today 118.67

Value of Euro over time (by year)

Period Value
1960 100
1961 102.4
1962 107.86
1963 113.25
1964 116.89
1965 120.05
1966 123.17
1967 126.61
1968 132.36
1969 140.37
1970 147.8
1971 155.78
1972 165.23
1973 177.42
1974 201.64
1975 225.2
1976 246.88
1977 270.32
1978 295.32
1979 326.77
1980 371.09
1981 420.49
1982 470.86
1983 515.4
1984 554.95
1985 587.31
1986 602.22
1987 622.03
1988 638.83
1989 661.18
1990 682.3
1991 704.22
1992 720.87
1993 736.04
1994 748.22
1995 761.67
1996 776.77
1997 786.12
1998 791.24
1999 795.49
2000 808.82
2001 822.04
2002 837.86
2003 855.44
2004 873.76
2005 889.02
2006 903.91
2007 917.36
2008 943.16
2009 943.99
2010 958.44
2011 978.68
2012 997.81
2013 1,006.42
2014 1,011.53
2015 1,011.91
2016 1,013.77
2017 1,024.23
2018 1,043.19
2019 1,054.75
2020 1,059.78
2021 1,077.18
2022 1,133.44
2023 1,188.73
2024-01 1,195.99
Today 1,200.82

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: