Value of 1970 Euro (Germany) today

€100 in 1970

€361.05 in 2018

The inflation rate in Germany between 1970 and today has been 261.05%, which translates into a total increase of €261.05. This means that 100 euro in 1970 are equivalent to 361.05 euro in 2018. In other words, the purchasing power of €100 in 1970 equals €361.05 today. The average annual inflation rate has been 2.65%.

Inflation timeline in Germany (1970-2018)

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 (1970-2018) 256.22%
Total Inflation* 261.05%
Annual inflation avg. (1970-2018) 2.68%
Annual inflation avg.* 2.65%
CPI 1970 29.05
CPI 2018 103.47
CPI today* 104.87
€1 in 1970 €3.56 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 48 years between 1970 and 2018 and the average inflation rate has been 2.6547%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)48 = €356.22

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 1970 was 29.05 and the CPI today is 104.87. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
103.47/29.05
= €356.22

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1970 €3.61 euro today
€5 euro in 1970 €18.05 euro today
€10 euro in 1970 €36.11 euro today
€50 euro in 1970 €180.53 euro today
€100 euro in 1970 €361.05 euro today
€500 euro in 1970 €1,805.26 euro today
€1,000 euro in 1970 €3,610.51 euro today
€5,000 euro in 1970 €18,052.57 euro today
€10,000 euro in 1970 €36,105.13 euro today
€50,000 euro in 1970 €180,525.65 euro today
€100,000 euro in 1970 €361,051.31 euro today
€500,000 euro in 1970 €1,805,256.54 euro today
€1,000,000 euro in 1970 €3,610,513.09 euro today

Value of Euro in time (by year)

Period Value
1970 100
1971 104.05
1972 109.68
1973 116.67
1974 125.9
1975 133.11
1976 140.32
1977 145.5
1978 150.45
1979 154.28
1980 162.61
1981 171.62
1982 183.11
1983 191.44
1984 196.62
1985 200.45
1986 203.6
1987 201.58
1988 203.6
1989 207.43
1990 213.74
1991 219.59
1992 232.22
1993 239.95
1994 250.26
1995 256.37
1996 260.24
1997 264.1
1998 269.58
1999 270.55
2000 273.77
2001 279.24
2002 283.75
2003 286.97
2004 290.19
2005 296.63
2006 300.82
2007 305.01
2008 314.67
2009 318.21
2010 320.79
2011 324.98
2012 331.42
2013 338.18
2014 343.01
2015 343.66
2016 344.62
2017 350.42
2018 356.22
Today 361.05