# Inflation calculator - Euro (Netherlands)

This tool is useful to calculate the time value of money based on historical inflation and CPI values. To start, select an amount and two years, or browse the default calculation results.

€100 in 1961
€806.8 in 2023

The inflation rate in the Netherlands between 1961 and 2023 was 706.8%, which translates into a total increase of €706.8. This means that 100 euro in 1961 are equivalent to 806.8 euro in 2023. In other words, the purchasing power of €100 in 1961 equals €806.8 in 2023. The average annual inflation rate between these periods was 3.42%.

## Inflation timeline in the Netherlands (1961 - 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.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 1961 to 2023 706.8%
Avg. Annual inflation from 1961 to 2023 3.42%
CPI 1961 15.63
CPI 2023 126.09

## How to calculate the time value of money with inflation data?

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 1961 and 2023, use the corresponding CPI values:

Value2023
=Value1961 ×
CPI2023/CPI1961
=€ 100 ×
126.09/15.63
€806.8

### 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 62 years between 1961 and 2023 and the average inflation rate was 3.4249%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.034249)62
€806.8

## Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1961 €8.07 euro in 2023
€5 euro in 1961 €40.34 euro in 2023
€10 euro in 1961 €80.68 euro in 2023
€50 euro in 1961 €403.4 euro in 2023
€100 euro in 1961 €806.8 euro in 2023
€500 euro in 1961 €4,033.98 euro in 2023
€1,000 euro in 1961 €8,067.96 euro in 2023
€5,000 euro in 1961 €40,339.82 euro in 2023
€10,000 euro in 1961 €80,679.63 euro in 2023
€50,000 euro in 1961 €403,398.16 euro in 2023
€100,000 euro in 1961 €806,796.32 euro in 2023
€500,000 euro in 1961 €4,033,981.59 euro in 2023
€1,000,000 euro in 1961 €8,067,963.17 euro in 2023
 Cumulative inflation 1961-2023 706.8% Avg. annual inflation 1961-2023 3.42% CPI 1961 15.63 CPI 2023 126.09

### Value of Euro over time (by year)

Period Value
1961 100
1962 102.43
1963 105.75
1964 111.91
1965 116.29
1966 122.99
1967 127.24
1968 131.97
1969 141.76
1970 146.97
1971 157.96
1972 170.28
1973 183.94
1974 201.58
1975 222.18
1976 241.8
1977 257.27
1978 267.85
1979 279.1
1980 297.28
1981 317.31
1982 336.07
1983 345.28
1984 356.68
1985 364.74
1986 365.04
1987 362.52
1988 365.19
1989 369.15
1990 378.2
1991 390.15
1992 402.57
1993 412.97
1994 424.54
1995 432.71
1996 441.14
1997 450.45
1998 459.27
1999 469.18
2000 480.25
2001 500.21
2002 516.66
2003 527.47
2004 534.13
2005 543.15
2006 549.13
2007 557.99
2008 571.87
2009 578.67
2010 586.05
2011 599.77
2012 614.5
2013 629.9
2014 636.05
2015 639.87
2016 641.9
2017 650.76
2018 661.85
2019 679.28
2020 687.92
2021 706.33
2022 776.97
2023 806.8

All available years

Today's value of euro (Netherlands) by year:

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: