Value of 1978 Euro (France) today

€100 in 1978
€411.98 in 2024

The inflation rate in France between 1978 and today has been 311.98%, which translates into a total increase of €311.98. This means that 100 euro in 1978 are equivalent to 411.98 euro in 2024. In other words, the purchasing power of €100 in 1978 equals €411.98 today. The average annual inflation rate between these periods has been 3.13%.

Inflation timeline in France (1978 - 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 1978-2023 302.52%
Cumulative inflation 1978-today 311.98%
Avg. Annual inflation 1978-2023 3.14%
CPI 1978 29.18
CPI 2023 117.47
CPI 2024-04 (latest official data) 120.07
CPI today 120.24

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 1978 and 2023, use the corresponding CPI values:

Value2023
=Value1978 ×
CPI2023/CPI1978
=€ 100 ×
117.47/29.18
€402.52

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 120.24:

Valuetoday
=Value1978 ×
CPItoday/CPI1978
=€ 100 ×
120.24/29.18
€411.98

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 45 years between 1978 and 2023 and the average inflation rate was 3.143%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.03143)45
€402.52

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1978 €4.03 euro in 2023
€5 euro in 1978 €20.13 euro in 2023
€10 euro in 1978 €40.25 euro in 2023
€50 euro in 1978 €201.26 euro in 2023
€100 euro in 1978 €402.52 euro in 2023
€500 euro in 1978 €2,012.58 euro in 2023
€1,000 euro in 1978 €4,025.17 euro in 2023
€5,000 euro in 1978 €20,125.83 euro in 2023
€10,000 euro in 1978 €40,251.66 euro in 2023
€50,000 euro in 1978 €201,258.3 euro in 2023
€100,000 euro in 1978 €402,516.61 euro in 2023
€500,000 euro in 1978 €2,012,583.04 euro in 2023
€1,000,000 euro in 1978 €4,025,166.09 euro in 2023
Cumulative inflation From 1978 311.98%
Avg. annual inflation From 1978 3.13%
CPI 1978 29.18
CPI today 120.24

Value of Euro over time (by year)

Period Value
1978 100
1979 110.65
1980 125.65
1981 142.38
1982 159.44
1983 174.52
1984 187.91
1985 198.87
1986 203.92
1987 210.63
1988 216.31
1989 223.88
1990 231.03
1991 238.46
1992 244.09
1993 249.23
1994 253.36
1995 257.91
1996 263.02
1997 266.19
1998 267.92
1999 269.36
2000 273.88
2001 278.35
2002 283.71
2003 289.66
2004 295.86
2005 301.03
2006 306.07
2007 310.63
2008 319.36
2009 319.64
2010 324.54
2011 331.39
2012 337.87
2013 340.79
2014 342.52
2015 342.64
2016 343.27
2017 346.82
2018 353.24
2019 357.15
2020 358.85
2021 364.75
2022 383.79
2023 402.52
2024-04 411.42
Today 411.98

All available years

Today's value of euro (France) by year:

1955 | 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: