Value of 1997 Euro (France) today

€100 in 1997
€154.96 in 2024

The inflation rate in France between 1997 and today has been 54.96%, which translates into a total increase of €54.96. This means that 100 euro in 1997 are equivalent to 154.96 euro in 2024. In other words, the purchasing power of €100 in 1997 equals €154.96 today. The average annual inflation rate between these periods has been 1.64%.

Inflation timeline in France (1997 - 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 1997-2023 51.21%
Cumulative inflation 1997-today 54.96%
Avg. Annual inflation 1997-2023 1.6%
CPI 1997 77.69
CPI 2023 117.47
CPI 2024-06 (latest official data) 120.2
CPI today 120.38

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 1997 and 2023, use the corresponding CPI values:

Value2023
=Value1997 ×
CPI2023/CPI1997
=€ 100 ×
117.47/77.69
€151.21

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 120.38:

Valuetoday
=Value1997 ×
CPItoday/CPI1997
=€ 100 ×
120.38/77.69
€154.96

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 26 years between 1997 and 2023 and the average inflation rate was 1.6032%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.016032)26
€151.21

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1997 €1.51 euro in 2023
€5 euro in 1997 €7.56 euro in 2023
€10 euro in 1997 €15.12 euro in 2023
€50 euro in 1997 €75.61 euro in 2023
€100 euro in 1997 €151.21 euro in 2023
€500 euro in 1997 €756.07 euro in 2023
€1,000 euro in 1997 €1,512.15 euro in 2023
€5,000 euro in 1997 €7,560.74 euro in 2023
€10,000 euro in 1997 €15,121.48 euro in 2023
€50,000 euro in 1997 €75,607.41 euro in 2023
€100,000 euro in 1997 €151,214.82 euro in 2023
€500,000 euro in 1997 €756,074.08 euro in 2023
€1,000,000 euro in 1997 €1,512,148.16 euro in 2023
Cumulative inflation From 1997 54.96%
Avg. annual inflation From 1997 1.64%
CPI 1997 77.69
CPI today 120.38

Value of Euro over time (by year)

Period Value
1997 100
1998 100.65
1999 101.19
2000 102.89
2001 104.57
2002 106.58
2003 108.82
2004 111.15
2005 113.09
2006 114.98
2007 116.69
2008 119.98
2009 120.08
2010 121.92
2011 124.5
2012 126.93
2013 128.02
2014 128.67
2015 128.72
2016 128.96
2017 130.29
2018 132.7
2019 134.17
2020 134.81
2021 137.03
2022 144.18
2023 151.21
2024-06 154.73
Today 154.96

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: