Value of 1966 Euro (France) today

€100 in 1966

€863.13 in 2018

The inflation rate in France between 1966 and today has been 763.13%, which translates into a total increase of €763.13. This means that 100 euro in 1966 are equivalent to 863.13 euro in 2018. In other words, the purchasing power of €100 in 1966 equals €863.13 today. The average annual inflation rate has been 4.15%.

Inflation timeline in France (1966-2018)

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 (1966-2018) 749.61%
Total Inflation* 763.13%
Annual inflation avg. (1966-2018) 4.2%
Annual inflation avg.* 4.15%
CPI 1966 11.99
CPI 2018 101.85
CPI today* 103.47
€1 in 1966 €8.5 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 52 years between 1966 and 2018 and the average inflation rate has been 4.1506%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)52 = €849.61

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 1966 was 11.99 and the CPI today is 103.47. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.85/11.99
= €849.61

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1966 €8.63 euro today
€5 euro in 1966 €43.16 euro today
€10 euro in 1966 €86.31 euro today
€50 euro in 1966 €431.56 euro today
€100 euro in 1966 €863.13 euro today
€500 euro in 1966 €4,315.63 euro today
€1,000 euro in 1966 €8,631.25 euro today
€5,000 euro in 1966 €43,156.26 euro today
€10,000 euro in 1966 €86,312.51 euro today
€50,000 euro in 1966 €431,562.56 euro today
€100,000 euro in 1966 €863,125.12 euro today
€500,000 euro in 1966 €4,315,625.61 euro today
€1,000,000 euro in 1966 €8,631,251.21 euro today

Value of Euro in time (by year)

Period Value
1966 100
1967 102.76
1968 106.23
1969 111.84
1970 118.43
1971 124.29
1972 131.73
1973 140.88
1974 152.83
1975 176.01
1976 192.96
1977 211.99
1978 231.02
1979 253.46
1980 283.35
1981 322.26
1982 367.02
1983 402.59
1984 440
1985 469.43
1986 491.51
1987 501.93
1988 517.57
1989 533.51
1990 552.53
1991 569.41
1992 586.59
1993 597.77
1994 610.36
1995 620.04
1996 632.97
1997 643.48
1998 650.82
1999 652.24
2000 660.42
2001 671.26
2002 680.35
2003 695.78
2004 710.97
2005 725.73
2006 737.33
2007 748.34
2008 767.69
2009 775.36
2010 782.45
2011 796.22
2012 815.82
2013 826.67
2014 832.51
2015 833.01
2016 834.51
2017 839.6
2018 849.61
Today 863.13