Value of 1966 Euro (Germany) today

€100 in 1966
€446.09 in 2023

The inflation rate in Germany between 1966 and today has been 346.09%, which translates into a total increase of €346.09. This means that 100 euro in 1966 are equivalent to 446.09 euro in 2023. In other words, the purchasing power of €100 in 1966 equals €446.09 today. The average annual inflation rate between these periods has been 2.66%.

Inflation timeline in Germany (1966 - 2023)

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 1966-2022 332.27%
Cumulative inflation 1966-today 346.09%
Avg. Annual inflation 1966-2022 2.65%
CPI 1966 27.24
CPI 2022 117.76
CPI 2022-12 (latest official data) 120.62
CPI today 121.52

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 1966 and 2022, use the corresponding CPI values:

Value2022
=Value1966 ×
CPI2022/CPI1966
=€ 100 ×
117.76/27.24
€432.27

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 121.52:

Valuetoday
=Value1966 ×
CPItoday/CPI1966
=€ 100 ×
121.52/27.24
€446.09

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 56 years between 1966 and 2022 and the average inflation rate was 2.6486%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=€100 × (1 + 0.026486)56
€432.27

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1966 €4.32 euro in 2022
€5 euro in 1966 €21.61 euro in 2022
€10 euro in 1966 €43.23 euro in 2022
€50 euro in 1966 €216.14 euro in 2022
€100 euro in 1966 €432.27 euro in 2022
€500 euro in 1966 €2,161.37 euro in 2022
€1,000 euro in 1966 €4,322.75 euro in 2022
€5,000 euro in 1966 €21,613.73 euro in 2022
€10,000 euro in 1966 €43,227.45 euro in 2022
€50,000 euro in 1966 €216,137.25 euro in 2022
€100,000 euro in 1966 €432,274.5 euro in 2022
€500,000 euro in 1966 €2,161,372.5 euro in 2022
€1,000,000 euro in 1966 €4,322,745 euro in 2022
Cumulative inflation From 1966 346.09%
Avg. annual inflation From 1966 2.66%
CPI 1966 27.24
CPI today 121.52

Value of Euro over time (by year)

Period Value
1966 100
1967 101.8
1968 103.29
1969 105.27
1970 108.9
1971 114.61
1972 120.89
1973 129.4
1974 138.44
1975 146.62
1976 152.84
1977 158.55
1978 162.86
1979 169.45
1980 178.67
1981 190
1982 199.96
1983 206.55
1984 211.51
1985 215.89
1986 215.61
1987 216.14
1988 218.9
1989 224.99
1990 231.05
1991 240.4
1992 252.56
1993 263.86
1994 270.97
1995 275.59
1996 279.58
1997 285.01
1998 287.6
1999 289.29
2000 293.45
2001 299.28
2002 303.53
2003 306.67
2004 311.78
2005 316.6
2006 321.59
2007 328.98
2008 337.63
2009 338.69
2010 342.43
2011 349.53
2012 356.55
2013 361.92
2014 365.2
2015 367.08
2016 368.88
2017 374.45
2018 380.94
2019 386.44
2020 388.4
2021 400.61
2022 432.27
2022-12 442.77
Today 446.09

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 |

Other currencies: