Value of 1962 Euro (Germany) today

€100 in 1962

€440.4 in 2018

The inflation rate in Germany between 1962 and today has been 340.4%, which translates into a total increase of €340.4. This means that 100 euro in 1962 are equivalent to 440.4 euro in 2018. In other words, the purchasing power of €100 in 1962 equals €440.4 today. The average annual inflation rate has been 2.64%.

Inflation timeline in Germany (1962-2018)

The following chart ilustrates the equivalence of €100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1962-2018) 334.51%
Total Inflation* 340.4%
Annual inflation avg. (1962-2018) 2.66%
Annual inflation avg.* 2.64%
CPI 1962 23.81
CPI 2018 103.47
CPI today* 104.87
€1 in 1962 €4.35 in 2018

* Values extrapolated from the last official data to obtain today's values.

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 compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 56 years between 1962 and 2018 and the average inflation rate has been 2.635%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)56 = €434.51

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1962 was 23.81 and the CPI today is 104.87. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
103.47/23.81
= €434.51

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1962 €4.4 euro today
€5 euro in 1962 €22.02 euro today
€10 euro in 1962 €44.04 euro today
€50 euro in 1962 €220.2 euro today
€100 euro in 1962 €440.4 euro today
€500 euro in 1962 €2,202.02 euro today
€1,000 euro in 1962 €4,404.03 euro today
€5,000 euro in 1962 €22,020.16 euro today
€10,000 euro in 1962 €44,040.33 euro today
€50,000 euro in 1962 €220,201.63 euro today
€100,000 euro in 1962 €440,403.26 euro today
€500,000 euro in 1962 €2,202,016.32 euro today
€1,000,000 euro in 1962 €4,404,032.63 euro today

Value of Euro in time (by year)

Period Value
1962 100
1963 102.75
1964 106.32
1965 108.79
1966 112.91
1967 116.21
1968 117.03
1969 119.51
1970 121.98
1971 126.92
1972 133.79
1973 142.31
1974 153.57
1975 162.36
1976 171.15
1977 177.47
1978 183.52
1979 188.19
1980 198.35
1981 209.34
1982 223.35
1983 233.52
1984 239.84
1985 244.51
1986 248.35
1987 245.88
1988 248.35
1989 253.02
1990 260.71
1991 267.86
1992 283.26
1993 292.68
1994 305.26
1995 312.72
1996 317.44
1997 322.15
1998 328.83
1999 330.01
2000 333.94
2001 340.61
2002 346.11
2003 350.04
2004 353.97
2005 361.83
2006 366.94
2007 372.04
2008 383.83
2009 388.15
2010 391.29
2011 396.4
2012 404.26
2013 412.51
2014 418.4
2015 419.19
2016 420.37
2017 427.44
2018 434.51
Today 440.4