Value of 1960 Euro (Germany) today

€100 in 1960
€513.6 in 2022

The inflation rate in Germany between 1960 and today has been 413.6%, which translates into a total increase of €413.6. This means that 100 euro in 1960 are equivalent to 513.6 euro in 2022. In other words, the purchasing power of €100 in 1960 equals €513.6 today. The average annual inflation rate between these periods has been 2.67%.

Inflation timeline in Germany (1960 - 2022)

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 1960-2021 374.69%
Cumulative inflation 1960-today 413.6%
Avg. Annual inflation 1960-2021 2.59%
CPI 1960 22.99
CPI 2021 109.13
CPI 2022-05 (latest official data) 117.32
CPI today 118.08

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 1960 and 2021, use the corresponding CPI values:

Value2021
=Value1960 ×
CPI2021/CPI1960
=€ 100 ×
109.13/22.99
€474.69

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 118.08:

Valuetoday
=Value1960 ×
CPItoday/CPI1960
=€ 100 ×
118.08/22.99
€513.6

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 61 years between 1960 and 2021 and the average inflation rate was 2.5861%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.025861)61
€474.69

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1960 €4.75 euro in 2021
€5 euro in 1960 €23.73 euro in 2021
€10 euro in 1960 €47.47 euro in 2021
€50 euro in 1960 €237.34 euro in 2021
€100 euro in 1960 €474.69 euro in 2021
€500 euro in 1960 €2,373.43 euro in 2021
€1,000 euro in 1960 €4,746.87 euro in 2021
€5,000 euro in 1960 €23,734.35 euro in 2021
€10,000 euro in 1960 €47,468.7 euro in 2021
€50,000 euro in 1960 €237,343.48 euro in 2021
€100,000 euro in 1960 €474,686.96 euro in 2021
€500,000 euro in 1960 €2,373,434.82 euro in 2021
€1,000,000 euro in 1960 €4,746,869.63 euro in 2021
Cumulative inflation From 1960 413.6%
Avg. annual inflation From 1960 2.67%
CPI 1960 22.99
CPI today 118.08

Value of Euro over time (by year)

Period Value
1960 100
1961 102.29
1962 105.2
1963 108.32
1964 110.85
1965 114.45
1966 118.49
1967 120.62
1968 122.39
1969 124.73
1970 129.04
1971 135.8
1972 143.25
1973 153.32
1974 164.03
1975 173.73
1976 181.11
1977 187.87
1978 192.98
1979 200.78
1980 211.7
1981 225.14
1982 236.94
1983 244.74
1984 250.63
1985 255.81
1986 255.47
1987 256.11
1988 259.38
1989 266.59
1990 273.78
1991 284.86
1992 299.26
1993 312.65
1994 321.07
1995 326.55
1996 331.28
1997 337.71
1998 340.79
1999 342.78
2000 347.72
2001 354.62
2002 359.65
2003 363.37
2004 369.43
2005 375.14
2006 381.06
2007 389.82
2008 400.06
2009 401.31
2010 405.74
2011 414.16
2012 422.48
2013 428.84
2014 432.73
2015 434.95
2016 437.09
2017 443.69
2018 451.38
2019 457.9
2020 460.22
2021 474.69
2022-05 510.29
Today 513.6

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 |

Other currencies: