Value of 1978 Euro (France) today

€100 in 1978

€374.34 in 2018

The inflation rate in France between 1978 and today has been 274.34%, which translates into a total increase of €274.34. This means that 100 euro in 1978 are equivalent to 374.34 euro in 2018. In other words, the purchasing power of €100 in 1978 equals €374.34 today. The average annual inflation rate has been 3.27%.

Inflation timeline in France (1978-2018)

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 (1978-2018) 267.77%
Total Inflation* 274.34%
Annual inflation avg. (1978-2018) 3.31%
Annual inflation avg.* 3.27%
CPI 1978 27.69
CPI 2018 101.85
CPI today* 103.67
€1 in 1978 €3.68 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 40 years between 1978 and 2018 and the average inflation rate has been 3.2719%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)40 = €367.77

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 1978 was 27.69 and the CPI today is 103.67. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.85/27.69
= €367.77

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1978 €3.74 euro today
€5 euro in 1978 €18.72 euro today
€10 euro in 1978 €37.43 euro today
€50 euro in 1978 €187.17 euro today
€100 euro in 1978 €374.34 euro today
€500 euro in 1978 €1,871.7 euro today
€1,000 euro in 1978 €3,743.39 euro today
€5,000 euro in 1978 €18,716.96 euro today
€10,000 euro in 1978 €37,433.92 euro today
€50,000 euro in 1978 €187,169.58 euro today
€100,000 euro in 1978 €374,339.16 euro today
€500,000 euro in 1978 €1,871,695.78 euro today
€1,000,000 euro in 1978 €3,743,391.55 euro today

Value of Euro in time (by year)

Period Value
1978 100
1979 109.71
1980 122.65
1981 139.49
1982 158.87
1983 174.27
1984 190.46
1985 203.2
1986 212.76
1987 217.27
1988 224.04
1989 230.94
1990 239.17
1991 246.48
1992 253.92
1993 258.75
1994 264.21
1995 268.39
1996 273.99
1997 278.54
1998 281.72
1999 282.33
2000 285.87
2001 290.57
2002 294.5
2003 301.18
2004 307.75
2005 314.14
2006 319.16
2007 323.93
2008 332.31
2009 335.63
2010 338.7
2011 344.66
2012 353.14
2013 357.84
2014 360.36
2015 360.58
2016 361.23
2017 363.43
2018 367.77
Today 374.34