Value of 2004 Euro (France) today

€100 in 2004
€133.02 in 2023

The inflation rate in France between 2004 and today has been 33.02%, which translates into a total increase of €33.02. This means that 100 euro in 2004 are equivalent to 133.02 euro in 2023. In other words, the purchasing power of €100 in 2004 equals €133.02 today. The average annual inflation rate between these periods has been 1.51%.

Inflation timeline in France (2004 - 2023)

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 2004-2022 29.72%
Cumulative inflation 2004-today 33.02%
Avg. Annual inflation 2004-2022 1.46%
CPI 2004 86.35
CPI 2022 112.01
CPI 2022-12 (latest official data) 114.16
CPI today 114.86

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 2004 and 2022, use the corresponding CPI values:

Value2022
=Value2004 ×
CPI2022/CPI2004
=€ 100 ×
112.01/86.35
€129.72

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 114.86:

Valuetoday
=Value2004 ×
CPItoday/CPI2004
=€ 100 ×
114.86/86.35
€133.02

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 18 years between 2004 and 2022 and the average inflation rate was 1.4561%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=€100 × (1 + 0.014561)18
€129.72

France inflation - Conversion table

Initial Value Equivalent value
€1 euro in 2004 €1.3 euro in 2022
€5 euro in 2004 €6.49 euro in 2022
€10 euro in 2004 €12.97 euro in 2022
€50 euro in 2004 €64.86 euro in 2022
€100 euro in 2004 €129.72 euro in 2022
€500 euro in 2004 €648.6 euro in 2022
€1,000 euro in 2004 €1,297.19 euro in 2022
€5,000 euro in 2004 €6,485.97 euro in 2022
€10,000 euro in 2004 €12,971.93 euro in 2022
€50,000 euro in 2004 €64,859.66 euro in 2022
€100,000 euro in 2004 €129,719.32 euro in 2022
€500,000 euro in 2004 €648,596.6 euro in 2022
€1,000,000 euro in 2004 €1,297,193.2 euro in 2022
Cumulative inflation From 2004 33.02%
Avg. annual inflation From 2004 1.51%
CPI 2004 86.35
CPI today 114.86

Value of Euro over time (by year)

Period Value
2004 100
2005 101.75
2006 103.45
2007 104.99
2008 107.94
2009 108.04
2010 109.69
2011 112.01
2012 114.2
2013 115.18
2014 115.77
2015 115.81
2016 116.02
2017 117.22
2018 119.39
2019 120.71
2020 121.29
2021 123.28
2022 129.72
2022-12 132.21
Today 133.02

All available years

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

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 |

Other currencies: