Value of 1979 Euro (France) today

€100 in 1979

€340.53 in 2018

The inflation rate in France between 1979 and today has been 240.53%, which translates into a total increase of €240.53. This means that 100 euro in 1979 are equivalent to 340.53 euro in 2018. In other words, the purchasing power of €100 in 1979 equals €340.53 today. The average annual inflation rate has been 3.11%.

Inflation timeline in France (1979-2018)

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 (1979-2018) 235.2%
Total Inflation* 240.53%
Annual inflation avg. (1979-2018) 3.15%
Annual inflation avg.* 3.11%
CPI 1979 30.38
CPI 2018 101.85
CPI today* 103.47
€1 in 1979 €3.35 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 39 years between 1979 and 2018 and the average inflation rate has been 3.1108%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)39 = €335.2

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 1979 was 30.38 and the CPI today is 103.47. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.85/30.38
= €335.2

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1979 €3.41 euro today
€5 euro in 1979 €17.03 euro today
€10 euro in 1979 €34.05 euro today
€50 euro in 1979 €170.27 euro today
€100 euro in 1979 €340.53 euro today
€500 euro in 1979 €1,702.67 euro today
€1,000 euro in 1979 €3,405.35 euro today
€5,000 euro in 1979 €17,026.75 euro today
€10,000 euro in 1979 €34,053.5 euro today
€50,000 euro in 1979 €170,267.48 euro today
€100,000 euro in 1979 €340,534.96 euro today
€500,000 euro in 1979 €1,702,674.81 euro today
€1,000,000 euro in 1979 €3,405,349.62 euro today

Value of Euro in time (by year)

Period Value
1979 100
1980 111.79
1981 127.14
1982 144.8
1983 158.84
1984 173.59
1985 185.21
1986 193.92
1987 198.03
1988 204.2
1989 210.49
1990 217.99
1991 224.65
1992 231.43
1993 235.84
1994 240.81
1995 244.63
1996 249.73
1997 253.88
1998 256.77
1999 257.33
2000 260.56
2001 264.84
2002 268.42
2003 274.51
2004 280.5
2005 286.33
2006 290.9
2007 295.25
2008 302.88
2009 305.91
2010 308.71
2011 314.14
2012 321.87
2013 326.15
2014 328.45
2015 328.65
2016 329.24
2017 331.25
2018 335.2
Today 340.53