Value of 1971 Euro (France) today

€100 in 1971
€742.76 in 2022

The inflation rate in France between 1971 and today has been 642.76%, which translates into a total increase of €642.76. This means that 100 euro in 1971 are equivalent to 742.76 euro in 2022. In other words, the purchasing power of €100 in 1971 equals €742.76 today. The average annual inflation rate between these periods has been 4.01%.

Inflation timeline in France (1971 - 2022)

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 1971-2021 591.47%
Cumulative inflation 1971-today 642.76%
Avg. Annual inflation 1971-2021 3.94%
CPI 1971 15.39
CPI 2021 106.45
CPI 2022-10 (latest official data) 113.9
CPI today 114.35

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 1971 and 2021, use the corresponding CPI values:

Value2021
=Value1971 ×
CPI2021/CPI1971
=€ 100 ×
106.45/15.39
€691.47

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 114.35:

Valuetoday
=Value1971 ×
CPItoday/CPI1971
=€ 100 ×
114.35/15.39
€742.76

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 50 years between 1971 and 2021 and the average inflation rate was 3.9431%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.039431)50
€691.47

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1971 €6.91 euro in 2021
€5 euro in 1971 €34.57 euro in 2021
€10 euro in 1971 €69.15 euro in 2021
€50 euro in 1971 €345.73 euro in 2021
€100 euro in 1971 €691.47 euro in 2021
€500 euro in 1971 €3,457.35 euro in 2021
€1,000 euro in 1971 €6,914.69 euro in 2021
€5,000 euro in 1971 €34,573.46 euro in 2021
€10,000 euro in 1971 €69,146.92 euro in 2021
€50,000 euro in 1971 €345,734.62 euro in 2021
€100,000 euro in 1971 €691,469.24 euro in 2021
€500,000 euro in 1971 €3,457,346.19 euro in 2021
€1,000,000 euro in 1971 €6,914,692.39 euro in 2021
Cumulative inflation From 1971 642.76%
Avg. annual inflation From 1971 4.01%
CPI 1971 15.39
CPI today 114.35

Value of Euro over time (by year)

Period Value
1971 100
1972 106.06
1973 113.89
1974 129.44
1975 144.56
1976 158.48
1977 173.52
1978 189.58
1979 209.76
1980 238.21
1981 269.92
1982 302.26
1983 330.85
1984 356.24
1985 377.01
1986 386.58
1987 399.3
1988 410.08
1989 424.43
1990 437.98
1991 452.06
1992 462.74
1993 472.48
1994 480.3
1995 488.93
1996 498.63
1997 504.63
1998 507.91
1999 510.64
2000 519.2
2001 527.69
2002 537.84
2003 549.13
2004 560.89
2005 570.68
2006 580.24
2007 588.87
2008 605.44
2009 605.97
2010 615.25
2011 628.24
2012 640.52
2013 646.05
2014 649.33
2015 649.57
2016 650.76
2017 657.48
2018 669.65
2019 677.07
2020 680.3
2021 691.47
2022-10 739.87
Today 742.76

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 |

Other currencies: