Value of 1970 Euro (Germany) today

€200 in 1970
€843.89 in 2024

The inflation rate in Germany between 1970 and today has been 321.95%, which translates into a total increase of €643.89. This means that 200 euro in 1970 are equivalent to 843.89 euro in 2024. In other words, the purchasing power of €200 in 1970 equals €843.89 today. The average annual inflation rate between these periods has been 2.7%.

Inflation timeline in Germany (1970 - 2024)

The following chart depicts the equivalence of €200 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 1970-2023 314.72%
Cumulative inflation 1970-today 321.95%
Avg. Annual inflation 1970-2023 2.72%
CPI 1970 29.67
CPI 2023 123.03
CPI 2024-03 (latest official data) 125.04
CPI today 125.18

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 1970 and 2023, use the corresponding CPI values:

Value2023
=Value1970 ×
CPI2023/CPI1970
=€ 200 ×
123.03/29.67
€829.44

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 125.18:

Valuetoday
=Value1970 ×
CPItoday/CPI1970
=€ 200 ×
125.18/29.67
€843.89

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 €200 worth today. There are 53 years between 1970 and 2023 and the average inflation rate was 2.7202%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€200 × (1 + 0.027202)53
€829.44

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1970 €4.15 euro in 2023
€5 euro in 1970 €20.74 euro in 2023
€10 euro in 1970 €41.47 euro in 2023
€50 euro in 1970 €207.36 euro in 2023
€100 euro in 1970 €414.72 euro in 2023
€500 euro in 1970 €2,073.6 euro in 2023
€1,000 euro in 1970 €4,147.21 euro in 2023
€5,000 euro in 1970 €20,736.04 euro in 2023
€10,000 euro in 1970 €41,472.08 euro in 2023
€50,000 euro in 1970 €207,360.42 euro in 2023
€100,000 euro in 1970 €414,720.84 euro in 2023
€500,000 euro in 1970 €2,073,604.2 euro in 2023
€1,000,000 euro in 1970 €4,147,208.41 euro in 2023
Cumulative inflation From 1970 321.95%
Avg. annual inflation From 1970 2.7%
CPI 1970 29.67
CPI today 125.18

Value of Euro over time (by year)

Period Value
1970 200
1971 210.48
1972 222.03
1973 237.64
1974 254.24
1975 269.27
1976 280.7
1977 291.19
1978 299.1
1979 311.2
1980 328.13
1981 348.95
1982 367.23
1983 379.33
1984 388.46
1985 396.48
1986 395.97
1987 396.96
1988 402.02
1989 413.19
1990 424.34
1991 441.51
1992 463.84
1993 484.59
1994 497.64
1995 506.13
1996 513.47
1997 523.43
1998 528.2
1999 531.29
2000 538.94
2001 549.63
2002 557.44
2003 563.21
2004 572.59
2005 581.45
2006 590.62
2007 604.19
2008 620.07
2009 622.01
2010 628.88
2011 641.93
2012 654.82
2013 664.67
2014 670.7
2015 674.15
2016 677.47
2017 687.69
2018 699.6
2019 709.72
2020 710.75
2021 732.54
2022 782.89
2023 829.44
2024-03 842.95
Today 843.89

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 | 2023 |

Other currencies: