Value of 1970 Euro (France) today

€100 in 1970
€812.51 in 2024

The inflation rate in France between 1970 and today has been 712.51%, which translates into a total increase of €712.51. This means that 100 euro in 1970 are equivalent to 812.51 euro in 2024. In other words, the purchasing power of €100 in 1970 equals €812.51 today. The average annual inflation rate between these periods has been 3.96%.

Inflation timeline in France (1970 - 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 1970-2023 704.26%
Cumulative inflation 1970-today 712.51%
Avg. Annual inflation 1970-2023 4.01%
CPI 1970 14.61
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 1970 and 2023, use the corresponding CPI values:

Value2023
=Value1970 ×
CPI2023/CPI1970
=€ 100 ×
117.47/14.61
€804.26

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

Valuetoday
=Value1970 ×
CPItoday/CPI1970
=€ 100 ×
118.68/14.61
€812.51

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 53 years between 1970 and 2023 and the average inflation rate was 4.0119%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.040119)53
€804.26

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1970 €8.04 euro in 2023
€5 euro in 1970 €40.21 euro in 2023
€10 euro in 1970 €80.43 euro in 2023
€50 euro in 1970 €402.13 euro in 2023
€100 euro in 1970 €804.26 euro in 2023
€500 euro in 1970 €4,021.3 euro in 2023
€1,000 euro in 1970 €8,042.61 euro in 2023
€5,000 euro in 1970 €40,213.04 euro in 2023
€10,000 euro in 1970 €80,426.08 euro in 2023
€50,000 euro in 1970 €402,130.39 euro in 2023
€100,000 euro in 1970 €804,260.77 euro in 2023
€500,000 euro in 1970 €4,021,303.86 euro in 2023
€1,000,000 euro in 1970 €8,042,607.73 euro in 2023
Cumulative inflation From 1970 712.51%
Avg. annual inflation From 1970 3.96%
CPI 1970 14.61
CPI today 118.68

Value of Euro over time (by year)

Period Value
1970 100
1971 105.4
1972 111.79
1973 120.04
1974 136.42
1975 152.36
1976 167.03
1977 182.89
1978 199.81
1979 221.08
1980 251.07
1981 284.49
1982 318.57
1983 348.71
1984 375.47
1985 397.36
1986 407.45
1987 420.85
1988 432.21
1989 447.33
1990 461.62
1991 476.46
1992 487.72
1993 497.98
1994 506.23
1995 515.32
1996 525.54
1997 531.87
1998 535.33
1999 538.2
2000 547.23
2001 556.17
2002 566.87
2003 578.76
2004 591.16
2005 601.48
2006 611.56
2007 620.66
2008 638.12
2009 638.68
2010 648.45
2011 662.15
2012 675.09
2013 680.92
2014 684.38
2015 684.63
2016 685.89
2017 692.97
2018 705.79
2019 713.61
2020 717.02
2021 728.79
2022 766.85
2023 804.26
2024-01 809.17
Today 812.51

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: