Value of 1961 Euro (Netherlands) today

€100 in 1961

€678.89 in 2019

The inflation rate in Netherlands between 1961 and today has been 578.89%, which translates into a total increase of €578.89. This means that 100 euro in 1961 are equivalent to 678.89 euro in 2019. In other words, the purchasing power of €100 in 1961 equals €678.89 today. The average annual inflation rate has been 3.3%.

Inflation timeline in Netherlands (1961-2019)

The following chart depicts the equivalence of €100 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1961-2019) 578.44%
Total Inflation* 578.89%
Annual inflation avg. (1961-2019) 3.36%
Annual inflation avg.* 3.3%
CPI 1961 15.32
CPI 2019 103.97
CPI today* 104.04
€1 in 1961 €6.78 in 2019

* 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 58 years between 1961 and 2019 and the average inflation rate has been 3.2995%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)58 = €678.44

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 1961 was 15.32 and the CPI today is 104.04. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
103.97/15.32
= €678.44

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1961 €6.79 euro today
€5 euro in 1961 €33.94 euro today
€10 euro in 1961 €67.89 euro today
€50 euro in 1961 €339.44 euro today
€100 euro in 1961 €678.89 euro today
€500 euro in 1961 €3,394.43 euro today
€1,000 euro in 1961 €6,788.85 euro today
€5,000 euro in 1961 €33,944.25 euro today
€10,000 euro in 1961 €67,888.5 euro today
€50,000 euro in 1961 €339,442.51 euro today
€100,000 euro in 1961 €678,885.01 euro today
€500,000 euro in 1961 €3,394,425.07 euro today
€1,000,000 euro in 1961 €6,788,850.14 euro today

Value of Euro in time (by year)

Period Value
1961 100
1962 101.98
1963 104.95
1964 108.91
1965 114.85
1966 120.92
1967 126.04
1968 131.17
1969 136.63
1970 145.51
1971 152.89
1972 165.74
1973 178.88
1974 193.61
1975 214.69
1976 234.32
1977 253.68
1978 266.68
1979 277.08
1980 290.45
1981 309.76
1982 332.42
1983 346.54
1984 356.93
1985 366.96
1986 372.91
1987 371.79
1988 369.93
1989 374.39
1990 379.22
1991 389.25
1992 403.65
1993 412.89
1994 423.68
1995 434.85
1996 442.17
1997 452.66
1998 462.97
1999 471.2
2000 480.92
2001 493.71
2002 514.26
2003 528.36
2004 537.3
2005 543.24
2006 554.52
2007 559.81
2008 570.25
2009 581.34
2010 587.8
2011 599.16
2012 613.64
2013 631.39
2014 641.83
2015 646.34
2016 650.77
2017 657.17
2018 665.39
2019 678.44
Today 678.89