Value of 1962 Euro (France) today

€100 in 1962
€1,113.41 in 2024

The inflation rate in France between 1962 and today has been 1,013.41%, which translates into a total increase of €1,013.41. This means that 100 euro in 1962 are equivalent to 1,113.41 euro in 2024. In other words, the purchasing power of €100 in 1962 equals €1,113.41 today. The average annual inflation rate between these periods has been 3.96%.

Inflation timeline in France (1962 - 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 1962-2023 1,002.11%
Cumulative inflation 1962-today 1,013.41%
Avg. Annual inflation 1962-2023 4.01%
CPI 1962 10.66
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 1962 and 2023, use the corresponding CPI values:

Value2023
=Value1962 ×
CPI2023/CPI1962
=€ 100 ×
117.47/10.66
€1,102.11

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

Valuetoday
=Value1962 ×
CPItoday/CPI1962
=€ 100 ×
118.68/10.66
€1,113.41

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 61 years between 1962 and 2023 and the average inflation rate was 4.0125%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.040125)61
€1,102.11

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1962 €11.02 euro in 2023
€5 euro in 1962 €55.11 euro in 2023
€10 euro in 1962 €110.21 euro in 2023
€50 euro in 1962 €551.05 euro in 2023
€100 euro in 1962 €1,102.11 euro in 2023
€500 euro in 1962 €5,510.54 euro in 2023
€1,000 euro in 1962 €11,021.08 euro in 2023
€5,000 euro in 1962 €55,105.41 euro in 2023
€10,000 euro in 1962 €110,210.82 euro in 2023
€50,000 euro in 1962 €551,054.1 euro in 2023
€100,000 euro in 1962 €1,102,108.19 euro in 2023
€500,000 euro in 1962 €5,510,540.97 euro in 2023
€1,000,000 euro in 1962 €11,021,081.93 euro in 2023
Cumulative inflation From 1962 1,013.41%
Avg. annual inflation From 1962 3.96%
CPI 1962 10.66
CPI today 118.68

Value of Euro over time (by year)

Period Value
1962 100
1963 105
1964 108.37
1965 111.3
1966 114.2
1967 117.38
1968 122.72
1969 130.14
1970 137.03
1971 144.43
1972 153.19
1973 164.49
1974 186.95
1975 208.79
1976 228.89
1977 250.62
1978 273.8
1979 302.96
1980 344.04
1981 389.85
1982 436.55
1983 477.85
1984 514.51
1985 544.52
1986 558.34
1987 576.7
1988 592.28
1989 613
1990 632.58
1991 652.91
1992 668.34
1993 682.4
1994 693.7
1995 706.16
1996 720.17
1997 728.84
1998 733.58
1999 737.52
2000 749.88
2001 762.14
2002 776.8
2003 793.1
2004 810.09
2005 824.23
2006 838.04
2007 850.51
2008 874.43
2009 875.2
2010 888.6
2011 907.36
2012 925.1
2013 933.09
2014 937.82
2015 938.18
2016 939.9
2017 949.6
2018 967.17
2019 977.89
2020 982.55
2021 998.69
2022 1,050.84
2023 1,102.11
2024-01 1,108.84
Today 1,113.41

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: