Value of 1973 Euro (France) today

€100 in 1973

€612.67 in 2018

The inflation rate in France between 1973 and today has been 512.67%, which translates into a total increase of €512.67. This means that 100 euro in 1973 are equivalent to 612.67 euro in 2018. In other words, the purchasing power of €100 in 1973 equals €612.67 today. The average annual inflation rate has been 4.02%.

Inflation timeline in France (1973-2018)

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 (1973-2018) 503.07%
Total Inflation* 512.67%
Annual inflation avg. (1973-2018) 4.07%
Annual inflation avg.* 4.02%
CPI 1973 16.89
CPI 2018 101.85
CPI today* 103.47
€1 in 1973 €6.03 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 45 years between 1973 and 2018 and the average inflation rate has been 4.0192%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.04)45 = €603.07

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 1973 was 16.89 and the CPI today is 103.47. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.85/16.89
= €603.07

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1973 €6.13 euro today
€5 euro in 1973 €30.63 euro today
€10 euro in 1973 €61.27 euro today
€50 euro in 1973 €306.33 euro today
€100 euro in 1973 €612.67 euro today
€500 euro in 1973 €3,063.34 euro today
€1,000 euro in 1973 €6,126.69 euro today
€5,000 euro in 1973 €30,633.43 euro today
€10,000 euro in 1973 €61,266.85 euro today
€50,000 euro in 1973 €306,334.26 euro today
€100,000 euro in 1973 €612,668.52 euro today
€500,000 euro in 1973 €3,063,342.6 euro today
€1,000,000 euro in 1973 €6,126,685.21 euro today

Value of Euro in time (by year)

Period Value
1973 100
1974 108.48
1975 124.94
1976 136.97
1977 150.48
1978 163.98
1979 179.91
1980 201.13
1981 228.74
1982 260.52
1983 285.77
1984 312.32
1985 333.21
1986 348.89
1987 356.29
1988 367.38
1989 378.7
1990 392.2
1991 404.18
1992 416.38
1993 424.31
1994 433.25
1995 440.12
1996 449.3
1997 456.76
1998 461.97
1999 462.98
2000 468.78
2001 476.48
2002 482.93
2003 493.89
2004 504.66
2005 515.14
2006 523.37
2007 531.19
2008 544.93
2009 550.37
2010 555.41
2011 565.18
2012 579.09
2013 586.79
2014 590.93
2015 591.29
2016 592.35
2017 595.97
2018 603.07
Today 612.67