Value of 1971 Euro (Germany) today

€100 in 1971
€383.12 in 2022

The inflation rate in Germany between 1971 and today has been 283.12%, which translates into a total increase of €283.12. This means that 100 euro in 1971 are equivalent to 383.12 euro in 2022. In other words, the purchasing power of €100 in 1971 equals €383.12 today. The average annual inflation rate between these periods has been 2.67%.

Inflation timeline in Germany (1971 - 2022)

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 1971-2021 249.55%
Cumulative inflation 1971-today 283.12%
Avg. Annual inflation 1971-2021 2.53%
CPI 1971 31.22
CPI 2021 109.13
CPI 2022-08 (latest official data) 118.82
CPI today 119.62

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 1971 and 2021, use the corresponding CPI values:

Value2021
=Value1971 ×
CPI2021/CPI1971
=€ 100 ×
109.13/31.22
€349.55

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 119.62:

Valuetoday
=Value1971 ×
CPItoday/CPI1971
=€ 100 ×
119.62/31.22
€383.12

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 50 years between 1971 and 2021 and the average inflation rate was 2.5345%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.025345)50
€349.55

Germany inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1971 €3.5 euro in 2021
€5 euro in 1971 €17.48 euro in 2021
€10 euro in 1971 €34.95 euro in 2021
€50 euro in 1971 €174.77 euro in 2021
€100 euro in 1971 €349.55 euro in 2021
€500 euro in 1971 €1,747.74 euro in 2021
€1,000 euro in 1971 €3,495.48 euro in 2021
€5,000 euro in 1971 €17,477.38 euro in 2021
€10,000 euro in 1971 €34,954.76 euro in 2021
€50,000 euro in 1971 €174,773.78 euro in 2021
€100,000 euro in 1971 €349,547.56 euro in 2021
€500,000 euro in 1971 €1,747,737.8 euro in 2021
€1,000,000 euro in 1971 €3,495,475.59 euro in 2021
Cumulative inflation From 1971 283.12%
Avg. annual inflation From 1971 2.67%
CPI 1971 31.22
CPI today 119.62

Value of Euro over time (by year)

Period Value
1971 100
1972 105.48
1973 112.9
1974 120.79
1975 127.93
1976 133.36
1977 138.34
1978 142.1
1979 147.85
1980 155.89
1981 165.78
1982 174.47
1983 180.22
1984 184.56
1985 188.37
1986 188.12
1987 188.59
1988 191
1989 196.31
1990 201.6
1991 209.76
1992 220.37
1993 230.23
1994 236.43
1995 240.46
1996 243.95
1997 248.68
1998 250.95
1999 252.42
2000 256.05
2001 261.13
2002 264.84
2003 267.58
2004 272.04
2005 276.24
2006 280.6
2007 287.05
2008 294.6
2009 295.52
2010 298.78
2011 304.98
2012 311.11
2013 315.79
2014 318.65
2015 320.29
2016 321.86
2017 326.72
2018 332.38
2019 337.19
2020 338.9
2021 349.55
2022-08 380.57
Today 383.12

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 |

Other currencies: