Value of 1958 Euro (Germany) today

€100 in 1958
€553.6 in 2024

The inflation rate in Germany between 1958 and today has been 453.6%, which translates into a total increase of €453.6. This means that 100 euro in 1958 are equivalent to 553.6 euro in 2024. In other words, the purchasing power of €100 in 1958 equals €553.6 today. The average annual inflation rate between these periods has been 2.63%.

Inflation timeline in Germany (1958 - 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 1958-2023 448.24%
Cumulative inflation 1958-today 453.6%
Avg. Annual inflation 1958-2023 2.65%
CPI 1958 22.44
CPI 2023 123.03
CPI 2023-12 (latest official data) 123.77
CPI today 124.24

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 1958 and 2023, use the corresponding CPI values:

Value2023
=Value1958 ×
CPI2023/CPI1958
=€ 100 ×
123.03/22.44
€548.24

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 124.24:

Valuetoday
=Value1958 ×
CPItoday/CPI1958
=€ 100 ×
124.24/22.44
€553.6

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 65 years between 1958 and 2023 and the average inflation rate was 2.6523%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.026523)65
€548.24

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1958 €5.48 euro in 2023
€5 euro in 1958 €27.41 euro in 2023
€10 euro in 1958 €54.82 euro in 2023
€50 euro in 1958 €274.12 euro in 2023
€100 euro in 1958 €548.24 euro in 2023
€500 euro in 1958 €2,741.2 euro in 2023
€1,000 euro in 1958 €5,482.39 euro in 2023
€5,000 euro in 1958 €27,411.96 euro in 2023
€10,000 euro in 1958 €54,823.92 euro in 2023
€50,000 euro in 1958 €274,119.58 euro in 2023
€100,000 euro in 1958 €548,239.16 euro in 2023
€500,000 euro in 1958 €2,741,195.79 euro in 2023
€1,000,000 euro in 1958 €5,482,391.59 euro in 2023
Cumulative inflation From 1958 453.6%
Avg. annual inflation From 1958 2.63%
CPI 1958 22.44
CPI today 124.24

Value of Euro over time (by year)

Period Value
1958 100
1959 100.9
1960 102.45
1961 104.8
1962 107.78
1963 110.97
1964 113.57
1965 117.25
1966 121.39
1967 123.57
1968 125.39
1969 127.79
1970 132.19
1971 139.12
1972 146.75
1973 157.07
1974 168.05
1975 177.98
1976 185.54
1977 192.47
1978 197.7
1979 205.69
1980 216.88
1981 230.64
1982 242.73
1983 250.73
1984 256.76
1985 262.06
1986 261.72
1987 262.38
1988 265.72
1989 273.11
1990 280.47
1991 291.83
1992 306.58
1993 320.3
1994 328.93
1995 334.54
1996 339.39
1997 345.97
1998 349.12
1999 351.17
2000 356.23
2001 363.29
2002 368.45
2003 372.26
2004 378.47
2005 384.32
2006 390.38
2007 399.35
2008 409.85
2009 411.13
2010 415.67
2011 424.3
2012 432.82
2013 439.33
2014 443.32
2015 445.6
2016 447.79
2017 454.55
2018 462.42
2019 469.11
2020 469.79
2021 484.19
2022 517.47
2023 548.24
2023-12 551.53
Today 553.6

All available years

Today's value of euro (Germany) 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 | 2023 |

Other currencies: