Value of 1962 Euro (France) today

€100 in 1962

€993.48 in 2018

The inflation rate in France between 1962 and today has been 893.48%, which translates into a total increase of €893.48. This means that 100 euro in 1962 are equivalent to 993.48 euro in 2018. In other words, the purchasing power of €100 in 1962 equals €993.48 today. The average annual inflation rate has been 4.11%.

Inflation timeline in France (1962-2018)

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 (1962-2018) 877.92%
Total Inflation* 893.48%
Annual inflation avg. (1962-2018) 4.16%
Annual inflation avg.* 4.11%
CPI 1962 10.41
CPI 2018 101.85
CPI today* 103.47
€1 in 1962 €9.78 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 56 years between 1962 and 2018 and the average inflation rate has been 4.1104%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)56 = €977.92

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 1962 was 10.41 and the CPI today is 103.47. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.85/10.41
= €977.92

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1962 €9.93 euro today
€5 euro in 1962 €49.67 euro today
€10 euro in 1962 €99.35 euro today
€50 euro in 1962 €496.74 euro today
€100 euro in 1962 €993.48 euro today
€500 euro in 1962 €4,967.39 euro today
€1,000 euro in 1962 €9,934.78 euro today
€5,000 euro in 1962 €49,673.9 euro today
€10,000 euro in 1962 €99,347.8 euro today
€50,000 euro in 1962 €496,738.98 euro today
€100,000 euro in 1962 €993,477.95 euro today
€500,000 euro in 1962 €4,967,389.77 euro today
€1,000,000 euro in 1962 €9,934,779.54 euro today

Value of Euro in time (by year)

Period Value
1962 100
1963 104.24
1964 109.57
1965 111.93
1966 115.1
1967 118.28
1968 122.28
1969 128.73
1970 136.32
1971 143.06
1972 151.63
1973 162.16
1974 175.91
1975 202.59
1976 222.1
1977 244.01
1978 265.91
1979 291.74
1980 326.14
1981 370.92
1982 422.45
1983 463.39
1984 506.45
1985 540.33
1986 565.74
1987 577.74
1988 595.74
1989 614.09
1990 635.97
1991 655.4
1992 675.18
1993 688.05
1994 702.55
1995 713.68
1996 728.57
1997 740.66
1998 749.11
1999 750.75
2000 760.16
2001 772.64
2002 783.1
2003 800.87
2004 818.34
2005 835.34
2006 848.68
2007 861.36
2008 883.63
2009 892.46
2010 900.63
2011 916.47
2012 939.03
2013 951.51
2014 958.24
2015 958.81
2016 960.54
2017 966.4
2018 977.92
Today 993.48