Value of 1974 Euro (France) today

€100 in 1974
€595.58 in 2024

The inflation rate in France between 1974 and today has been 495.58%, which translates into a total increase of €495.58. This means that 100 euro in 1974 are equivalent to 595.58 euro in 2024. In other words, the purchasing power of €100 in 1974 equals €595.58 today. The average annual inflation rate between these periods has been 3.63%.

Inflation timeline in France (1974 - 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 1974-2023 489.54%
Cumulative inflation 1974-today 495.58%
Avg. Annual inflation 1974-2023 3.69%
CPI 1974 19.93
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 1974 and 2023, use the corresponding CPI values:

Value2023
=Value1974 ×
CPI2023/CPI1974
=€ 100 ×
117.47/19.93
€589.54

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

Valuetoday
=Value1974 ×
CPItoday/CPI1974
=€ 100 ×
118.68/19.93
€595.58

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 49 years between 1974 and 2023 and the average inflation rate was 3.6871%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.036871)49
€589.54

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1974 €5.9 euro in 2023
€5 euro in 1974 €29.48 euro in 2023
€10 euro in 1974 €58.95 euro in 2023
€50 euro in 1974 €294.77 euro in 2023
€100 euro in 1974 €589.54 euro in 2023
€500 euro in 1974 €2,947.68 euro in 2023
€1,000 euro in 1974 €5,895.36 euro in 2023
€5,000 euro in 1974 €29,476.78 euro in 2023
€10,000 euro in 1974 €58,953.55 euro in 2023
€50,000 euro in 1974 €294,767.76 euro in 2023
€100,000 euro in 1974 €589,535.53 euro in 2023
€500,000 euro in 1974 €2,947,677.64 euro in 2023
€1,000,000 euro in 1974 €5,895,355.28 euro in 2023
Cumulative inflation From 1974 495.58%
Avg. annual inflation From 1974 3.63%
CPI 1974 19.93
CPI today 118.68

Value of Euro over time (by year)

Period Value
1974 100
1975 111.69
1976 122.44
1977 134.06
1978 146.46
1979 162.06
1980 184.03
1981 208.54
1982 233.52
1983 255.61
1984 275.22
1985 291.27
1986 298.66
1987 308.49
1988 316.82
1989 327.9
1990 338.38
1991 349.25
1992 357.51
1993 365.03
1994 371.07
1995 377.74
1996 385.23
1997 389.87
1998 392.4
1999 394.51
2000 401.12
2001 407.68
2002 415.52
2003 424.24
2004 433.33
2005 440.9
2006 448.28
2007 454.95
2008 467.75
2009 468.16
2010 475.33
2011 485.36
2012 494.85
2013 499.12
2014 501.66
2015 501.85
2016 502.77
2017 507.96
2018 517.36
2019 523.09
2020 525.58
2021 534.22
2022 562.11
2023 589.54
2024-01 593.14
Today 595.58

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: