Value of 1962 Euro (Germany) today

€100 in 1962
€520.9 in 2024

The inflation rate in Germany between 1962 and today has been 420.9%, which translates into a total increase of €420.9. This means that 100 euro in 1962 are equivalent to 520.9 euro in 2024. In other words, the purchasing power of €100 in 1962 equals €520.9 today. The average annual inflation rate between these periods has been 2.7%.

Inflation timeline in Germany (1962 - 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 1962-2023 408.68%
Cumulative inflation 1962-today 420.9%
Avg. Annual inflation 1962-2023 2.7%
CPI 1962 24.19
CPI 2023 123.03
CPI 2024-06 (latest official data) 125.88
CPI today 125.99

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 1962 and 2023, use the corresponding CPI values:

Value2023
=Value1962 ×
CPI2023/CPI1962
=€ 100 ×
123.03/24.19
€508.68

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 125.99:

Valuetoday
=Value1962 ×
CPItoday/CPI1962
=€ 100 ×
125.99/24.19
€520.9

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 1962 and 2023 and the average inflation rate was 2.7025%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.027025)61
€508.68

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1962 €5.09 euro in 2023
€5 euro in 1962 €25.43 euro in 2023
€10 euro in 1962 €50.87 euro in 2023
€50 euro in 1962 €254.34 euro in 2023
€100 euro in 1962 €508.68 euro in 2023
€500 euro in 1962 €2,543.42 euro in 2023
€1,000 euro in 1962 €5,086.83 euro in 2023
€5,000 euro in 1962 €25,434.16 euro in 2023
€10,000 euro in 1962 €50,868.32 euro in 2023
€50,000 euro in 1962 €254,341.6 euro in 2023
€100,000 euro in 1962 €508,683.2 euro in 2023
€500,000 euro in 1962 €2,543,415.99 euro in 2023
€1,000,000 euro in 1962 €5,086,831.98 euro in 2023
Cumulative inflation From 1962 420.9%
Avg. annual inflation From 1962 2.7%
CPI 1962 24.19
CPI today 125.99

Value of Euro over time (by year)

Period Value
1962 100
1963 102.97
1964 105.37
1965 108.79
1966 112.63
1967 114.65
1968 116.34
1969 118.57
1970 122.66
1971 129.09
1972 136.17
1973 145.74
1974 155.92
1975 165.14
1976 172.15
1977 178.58
1978 183.43
1979 190.85
1980 201.24
1981 214
1982 225.22
1983 232.64
1984 238.23
1985 243.16
1986 242.84
1987 243.45
1988 246.55
1989 253.41
1990 260.24
1991 270.77
1992 284.46
1993 297.19
1994 305.2
1995 310.4
1996 314.9
1997 321.01
1998 323.93
1999 325.83
2000 330.52
2001 337.08
2002 341.87
2003 345.41
2004 351.16
2005 356.59
2006 362.22
2007 370.54
2008 380.28
2009 381.47
2010 385.68
2011 393.68
2012 401.59
2013 407.63
2014 411.33
2015 413.45
2016 415.48
2017 421.75
2018 429.06
2019 435.26
2020 435.89
2021 449.26
2022 480.13
2023 508.68
2024-06 520.45
Today 520.9

All available years

Today's value of euro (Germany) 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: