Value of 1966 Euro (Germany) today

€100 in 1966

€390.04 in 2018

The inflation rate in Germany between 1966 and today has been 290.04%, which translates into a total increase of €290.04. This means that 100 euro in 1966 are equivalent to 390.04 euro in 2018. In other words, the purchasing power of €100 in 1966 equals €390.04 today. The average annual inflation rate has been 2.6%.

Inflation timeline in Germany (1966-2018)

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 (1966-2018) 284.82%
Total Inflation* 290.04%
Annual inflation avg. (1966-2018) 2.63%
Annual inflation avg.* 2.6%
CPI 1966 26.89
CPI 2018 103.47
CPI today* 104.87
€1 in 1966 €3.85 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 52 years between 1966 and 2018 and the average inflation rate has been 2.6013%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)52 = €384.82

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 1966 was 26.89 and the CPI today is 104.87. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
103.47/26.89
= €384.82

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1966 €3.9 euro today
€5 euro in 1966 €19.5 euro today
€10 euro in 1966 €39 euro today
€50 euro in 1966 €195.02 euro today
€100 euro in 1966 €390.04 euro today
€500 euro in 1966 €1,950.2 euro today
€1,000 euro in 1966 €3,900.41 euro today
€5,000 euro in 1966 €19,502.05 euro today
€10,000 euro in 1966 €39,004.09 euro today
€50,000 euro in 1966 €195,020.46 euro today
€100,000 euro in 1966 €390,040.92 euro today
€500,000 euro in 1966 €1,950,204.61 euro today
€1,000,000 euro in 1966 €3,900,409.21 euro today

Value of Euro in time (by year)

Period Value
1966 100
1967 102.92
1968 103.65
1969 105.84
1970 108.03
1971 112.41
1972 118.49
1973 126.03
1974 136.01
1975 143.8
1976 151.58
1977 157.18
1978 162.53
1979 166.67
1980 175.67
1981 185.4
1982 197.81
1983 206.81
1984 212.41
1985 216.55
1986 219.95
1987 217.76
1988 219.95
1989 224.09
1990 230.9
1991 237.23
1992 250.86
1993 259.21
1994 270.35
1995 276.96
1996 281.13
1997 285.31
1998 291.22
1999 292.27
2000 295.75
2001 301.66
2002 306.53
2003 310.01
2004 313.49
2005 320.45
2006 324.98
2007 329.5
2008 339.94
2009 343.76
2010 346.55
2011 351.07
2012 358.03
2013 365.34
2014 370.56
2015 371.25
2016 372.29
2017 378.56
2018 384.82
Today 390.04