Value of 1966 Euro (Netherlands) today

€100 in 1966
€626.61 in 2022

The inflation rate in the Netherlands between 1966 and today has been 526.61%, which translates into a total increase of €526.61. This means that 100 euro in 1966 are equivalent to 626.61 euro in 2022. In other words, the purchasing power of €100 in 1966 equals €626.61 today. The average annual inflation rate between these periods has been 3.33%.

Inflation timeline in the Netherlands (1966 - 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 1966-2021 474.32%
Cumulative inflation 1966-today 526.61%
Avg. Annual inflation 1966-2021 3.23%
CPI 1966 19.22
CPI 2021 110.39
CPI 2022-04 (latest official data) 119.81
CPI today 120.44

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 1966 and 2021, use the corresponding CPI values:

Value2021
=Value1966 ×
CPI2021/CPI1966
=€ 100 ×
110.39/19.22
€574.32

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 120.44:

Valuetoday
=Value1966 ×
CPItoday/CPI1966
=€ 100 ×
120.44/19.22
€626.61

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 55 years between 1966 and 2021 and the average inflation rate was 3.2292%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.032292)55
€574.32

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1966 €5.74 euro in 2021
€5 euro in 1966 €28.72 euro in 2021
€10 euro in 1966 €57.43 euro in 2021
€50 euro in 1966 €287.16 euro in 2021
€100 euro in 1966 €574.32 euro in 2021
€500 euro in 1966 €2,871.58 euro in 2021
€1,000 euro in 1966 €5,743.16 euro in 2021
€5,000 euro in 1966 €28,715.79 euro in 2021
€10,000 euro in 1966 €57,431.57 euro in 2021
€50,000 euro in 1966 €287,157.87 euro in 2021
€100,000 euro in 1966 €574,315.73 euro in 2021
€500,000 euro in 1966 €2,871,578.66 euro in 2021
€1,000,000 euro in 1966 €5,743,157.33 euro in 2021
Cumulative inflation From 1966 526.61%
Avg. annual inflation From 1966 3.33%
CPI 1966 19.22
CPI today 120.44

Value of Euro over time (by year)

Period Value
1966 100
1967 103.46
1968 107.3
1969 115.27
1970 119.5
1971 128.43
1972 138.45
1973 149.56
1974 163.91
1975 180.65
1976 196.61
1977 209.19
1978 217.79
1979 226.94
1980 241.72
1981 258.01
1982 273.26
1983 280.75
1984 290.02
1985 296.57
1986 296.81
1987 294.76
1988 296.94
1989 300.15
1990 307.52
1991 317.23
1992 327.33
1993 335.79
1994 345.19
1995 351.83
1996 358.69
1997 366.26
1998 373.43
1999 381.49
2000 390.49
2001 406.72
2002 420.09
2003 428.88
2004 434.3
2005 441.63
2006 446.5
2007 453.7
2008 464.98
2009 470.52
2010 476.52
2011 487.67
2012 499.65
2013 512.17
2014 517.17
2015 520.28
2016 521.92
2017 529.13
2018 538.15
2019 552.32
2020 559.35
2021 574.32
2022-04 623.34
Today 626.61

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 |

Other currencies: