Value of 1962 Euro (Netherlands) today

€100 in 1962

€665.91 today

The inflation rate in Netherlands between 1962 and today has been 565.91%, which translates into a total increase of €565.91. This means that 100 euro in 1962 are equivalent to 665.91 euro in 2018. In other words, the purchasing power of €100 in 1962 equals €665.91 today. The average annual inflation rate has been 3.38%.

Inflation timeline in Netherlands (1962-2019)

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 (1962-2018) 552.47%
Total Inflation* 565.91%
Annual inflation avg. (1962-2018) 3.41%
Annual inflation avg.* 3.38%
CPI 1962 15.63
CPI 2018 101.97
CPI today* 104.07
€1 in 1962 €6.52 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 56 years between 1962 and 2018 and the average inflation rate has been 3.3822%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)56 = €652.47

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 1962 was 15.63 and the CPI today is 104.07. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.97/15.63
= €652.47

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1962 €6.66 euro today
€5 euro in 1962 €33.3 euro today
€10 euro in 1962 €66.59 euro today
€50 euro in 1962 €332.96 euro today
€100 euro in 1962 €665.91 euro today
€500 euro in 1962 €3,329.57 euro today
€1,000 euro in 1962 €6,659.14 euro today
€5,000 euro in 1962 €33,295.68 euro today
€10,000 euro in 1962 €66,591.36 euro today
€50,000 euro in 1962 €332,956.82 euro today
€100,000 euro in 1962 €665,913.64 euro today
€500,000 euro in 1962 €3,329,568.22 euro today
€1,000,000 euro in 1962 €6,659,136.43 euro today

Value of Euro in time (by year)

Period Value
1962 100
1963 102.91
1964 106.8
1965 112.62
1966 118.57
1967 123.6
1968 128.62
1969 133.98
1970 142.69
1971 149.93
1972 162.53
1973 175.41
1974 189.85
1975 210.52
1976 229.77
1977 248.75
1978 261.5
1979 271.7
1980 284.81
1981 303.75
1982 325.97
1983 339.81
1984 350
1985 359.84
1986 365.66
1987 364.57
1988 362.75
1989 367.12
1990 371.86
1991 381.69
1992 395.81
1993 404.88
1994 415.45
1995 426.41
1996 433.58
1997 443.87
1998 453.98
1999 462.05
2000 471.58
2001 484.12
2002 504.28
2003 518.1
2004 526.87
2005 532.69
2006 543.76
2007 548.94
2008 559.18
2009 570.06
2010 576.39
2011 587.52
2012 601.73
2013 619.13
2014 629.37
2015 633.79
2016 638.14
2017 644.41
2018 652.47
Today 665.91