Value of 2003 Euro (France) today

€100 in 2003
€142.47 in 2024

The inflation rate in France between 2003 and today has been 42.47%, which translates into a total increase of €42.47. This means that 100 euro in 2003 are equivalent to 142.47 euro in 2024. In other words, the purchasing power of €100 in 2003 equals €142.47 today. The average annual inflation rate between these periods has been 1.7%.

Inflation timeline in France (2003 - 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 2003-2023 38.96%
Cumulative inflation 2003-today 42.47%
Avg. Annual inflation 2003-2023 1.66%
CPI 2003 84.54
CPI 2023 117.47
CPI 2024-05 (latest official data) 120.11
CPI today 120.44

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 2003 and 2023, use the corresponding CPI values:

Value2023
=Value2003 ×
CPI2023/CPI2003
=€ 100 ×
117.47/84.54
€138.96

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 120.44:

Valuetoday
=Value2003 ×
CPItoday/CPI2003
=€ 100 ×
120.44/84.54
€142.47

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 20 years between 2003 and 2023 and the average inflation rate was 1.6588%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.016588)20
€138.96

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 2003 €1.39 euro in 2023
€5 euro in 2003 €6.95 euro in 2023
€10 euro in 2003 €13.9 euro in 2023
€50 euro in 2003 €69.48 euro in 2023
€100 euro in 2003 €138.96 euro in 2023
€500 euro in 2003 €694.81 euro in 2023
€1,000 euro in 2003 €1,389.62 euro in 2023
€5,000 euro in 2003 €6,948.09 euro in 2023
€10,000 euro in 2003 €13,896.18 euro in 2023
€50,000 euro in 2003 €69,480.89 euro in 2023
€100,000 euro in 2003 €138,961.77 euro in 2023
€500,000 euro in 2003 €694,808.85 euro in 2023
€1,000,000 euro in 2003 €1,389,617.71 euro in 2023
Cumulative inflation From 2003 42.47%
Avg. annual inflation From 2003 1.7%
CPI 2003 84.54
CPI today 120.44

Value of Euro over time (by year)

Period Value
2003 100
2004 102.14
2005 103.93
2006 105.67
2007 107.24
2008 110.26
2009 110.35
2010 112.04
2011 114.41
2012 116.64
2013 117.65
2014 118.25
2015 118.29
2016 118.51
2017 119.73
2018 121.95
2019 123.3
2020 123.89
2021 125.92
2022 132.5
2023 138.96
2024-05 142.08
Today 142.47

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: