Value of 1970 Euro (France) today

€100 in 1970

€728.79 in 2018

The inflation rate in France between 1970 and today has been 628.79%, which translates into a total increase of €628.79. This means that 100 euro in 1970 are equivalent to 728.79 euro in 2018. In other words, the purchasing power of €100 in 1970 equals €728.79 today. The average annual inflation rate has been 4.14%.

Inflation timeline in France (1970-2018)

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 (1970-2018) 617.37%
Total Inflation* 628.79%
Annual inflation avg. (1970-2018) 4.19%
Annual inflation avg.* 4.14%
CPI 1970 14.2
CPI 2018 101.85
CPI today* 103.47
€1 in 1970 €7.17 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 48 years between 1970 and 2018 and the average inflation rate has been 4.1368%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)48 = €717.37

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 1970 was 14.2 and the CPI today is 103.47. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.85/14.2
= €717.37

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1970 €7.29 euro today
€5 euro in 1970 €36.44 euro today
€10 euro in 1970 €72.88 euro today
€50 euro in 1970 €364.39 euro today
€100 euro in 1970 €728.79 euro today
€500 euro in 1970 €3,643.94 euro today
€1,000 euro in 1970 €7,287.88 euro today
€5,000 euro in 1970 €36,439.39 euro today
€10,000 euro in 1970 €72,878.79 euro today
€50,000 euro in 1970 €364,393.93 euro today
€100,000 euro in 1970 €728,787.85 euro today
€500,000 euro in 1970 €3,643,939.27 euro today
€1,000,000 euro in 1970 €7,287,878.55 euro today

Value of Euro in time (by year)

Period Value
1970 100
1971 104.95
1972 111.23
1973 118.95
1974 129.05
1975 148.61
1976 162.93
1977 179
1978 195.06
1979 214.01
1980 239.25
1981 272.1
1982 309.9
1983 339.93
1984 371.52
1985 396.37
1986 415.01
1987 423.81
1988 437.02
1989 450.48
1990 466.53
1991 480.78
1992 495.29
1993 504.73
1994 515.37
1995 523.54
1996 534.46
1997 543.33
1998 549.53
1999 550.73
2000 557.63
2001 566.79
2002 574.46
2003 587.49
2004 600.31
2005 612.78
2006 622.57
2007 631.87
2008 648.21
2009 654.69
2010 660.67
2011 672.3
2012 688.85
2013 698
2014 702.93
2015 703.36
2016 704.63
2017 708.92
2018 717.37
Today 728.79