Value of 1971 Euro (Germany) today

€100 in 1971

€347.6 in 2018

The inflation rate in Germany between 1971 and today has been 247.6%, which translates into a total increase of €247.6. This means that 100 euro in 1971 are equivalent to 347.6 euro in 2018. In other words, the purchasing power of €100 in 1971 equals €347.6 today. The average annual inflation rate has been 2.63%.

Inflation timeline in Germany (1971-2018)

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 (1971-2018) 242.34%
Total Inflation* 247.6%
Annual inflation avg. (1971-2018) 2.65%
Annual inflation avg.* 2.63%
CPI 1971 30.22
CPI 2018 103.47
CPI today* 105.06
€1 in 1971 €3.42 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 47 years between 1971 and 2018 and the average inflation rate has been 2.6296%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)47 = €342.34

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 1971 was 30.22 and the CPI today is 105.06. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
103.47/30.22
= €342.34

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1971 €3.48 euro today
€5 euro in 1971 €17.38 euro today
€10 euro in 1971 €34.76 euro today
€50 euro in 1971 €173.8 euro today
€100 euro in 1971 €347.6 euro today
€500 euro in 1971 €1,738.02 euro today
€1,000 euro in 1971 €3,476.04 euro today
€5,000 euro in 1971 €17,380.22 euro today
€10,000 euro in 1971 €34,760.45 euro today
€50,000 euro in 1971 €173,802.23 euro today
€100,000 euro in 1971 €347,604.45 euro today
€500,000 euro in 1971 €1,738,022.27 euro today
€1,000,000 euro in 1971 €3,476,044.54 euro today

Value of Euro in time (by year)

Period Value
1971 100
1972 105.41
1973 112.12
1974 121
1975 127.92
1976 134.85
1977 139.83
1978 144.59
1979 148.27
1980 156.28
1981 164.94
1982 175.97
1983 183.98
1984 188.96
1985 192.64
1986 195.67
1987 193.72
1988 195.67
1989 199.35
1990 205.41
1991 211.04
1992 223.17
1993 230.6
1994 240.5
1995 246.39
1996 250.1
1997 253.81
1998 259.08
1999 260.01
2000 263.1
2001 268.36
2002 272.7
2003 275.79
2004 278.89
2005 285.08
2006 289.1
2007 293.13
2008 302.41
2009 305.82
2010 308.29
2011 312.32
2012 318.51
2013 325.01
2014 329.65
2015 330.27
2016 331.2
2017 336.77
2018 342.34
Today 347.6