Value of 1961 Euro (France) today

€100 in 1961
€1,172.77 in 2024

The inflation rate in France between 1961 and today has been 1,072.77%, which translates into a total increase of €1,072.77. This means that 100 euro in 1961 are equivalent to 1,172.77 euro in 2024. In other words, the purchasing power of €100 in 1961 equals €1,172.77 today. The average annual inflation rate between these periods has been 3.99%.

Inflation timeline in France (1961 - 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 1961-2023 1,060.86%
Cumulative inflation 1961-today 1,072.77%
Avg. Annual inflation 1961-2023 4.03%
CPI 1961 10.12
CPI 2023 117.47
CPI 2024-01 (latest official data) 118.19
CPI today 118.68

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 1961 and 2023, use the corresponding CPI values:

Value2023
=Value1961 ×
CPI2023/CPI1961
=€ 100 ×
117.47/10.12
€1,160.86

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 118.68:

Valuetoday
=Value1961 ×
CPItoday/CPI1961
=€ 100 ×
118.68/10.12
€1,172.77

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 62 years between 1961 and 2023 and the average inflation rate was 4.0337%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.040337)62
€1,160.86

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1961 €11.61 euro in 2023
€5 euro in 1961 €58.04 euro in 2023
€10 euro in 1961 €116.09 euro in 2023
€50 euro in 1961 €580.43 euro in 2023
€100 euro in 1961 €1,160.86 euro in 2023
€500 euro in 1961 €5,804.32 euro in 2023
€1,000 euro in 1961 €11,608.64 euro in 2023
€5,000 euro in 1961 €58,043.21 euro in 2023
€10,000 euro in 1961 €116,086.43 euro in 2023
€50,000 euro in 1961 €580,432.14 euro in 2023
€100,000 euro in 1961 €1,160,864.28 euro in 2023
€500,000 euro in 1961 €5,804,321.4 euro in 2023
€1,000,000 euro in 1961 €11,608,642.8 euro in 2023
Cumulative inflation From 1961 1,072.77%
Avg. annual inflation From 1961 3.99%
CPI 1961 10.12
CPI today 118.68

Value of Euro over time (by year)

Period Value
1961 100
1962 105.33
1963 110.6
1964 114.15
1965 117.23
1966 120.28
1967 123.64
1968 129.26
1969 137.07
1970 144.34
1971 152.13
1972 161.35
1973 173.26
1974 196.91
1975 219.92
1976 241.09
1977 263.98
1978 288.4
1979 319.11
1980 362.39
1981 410.64
1982 459.82
1983 503.32
1984 541.94
1985 573.55
1986 588.11
1987 607.45
1988 623.85
1989 645.68
1990 666.3
1991 687.71
1992 703.97
1993 718.78
1994 730.68
1995 743.81
1996 758.56
1997 767.69
1998 772.69
1999 776.84
2000 789.86
2001 802.77
2002 818.21
2003 835.38
2004 853.28
2005 868.18
2006 882.72
2007 895.85
2008 921.05
2009 921.86
2010 935.97
2011 955.74
2012 974.42
2013 982.83
2014 987.82
2015 988.19
2016 990
2017 1,000.22
2018 1,018.74
2019 1,030.03
2020 1,034.93
2021 1,051.93
2022 1,106.87
2023 1,160.86
2024-01 1,167.95
Today 1,172.77

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: