Value of 1966 Euro (Netherlands) today

€100 in 1966

€561.77 in 2019

The inflation rate in Netherlands between 1966 and today has been 461.77%, which translates into a total increase of €461.77. This means that 100 euro in 1966 are equivalent to 561.77 euro in 2019. In other words, the purchasing power of €100 in 1966 equals €561.77 today. The average annual inflation rate has been 3.25%.

Inflation timeline in Netherlands (1966-2019)

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 (1966-2019) 461.06%
Total Inflation* 461.77%
Annual inflation avg. (1966-2019) 3.31%
Annual inflation avg.* 3.25%
CPI 1966 18.53
CPI 2019 103.97
CPI today* 104.1
€1 in 1966 €5.61 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 53 years between 1966 and 2019 and the average inflation rate has been 3.2478%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)53 = €561.06

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 1966 was 18.53 and the CPI today is 104.1. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
103.97/18.53
= €561.06

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1966 €5.62 euro today
€5 euro in 1966 €28.09 euro today
€10 euro in 1966 €56.18 euro today
€50 euro in 1966 €280.88 euro today
€100 euro in 1966 €561.77 euro today
€500 euro in 1966 €2,808.83 euro today
€1,000 euro in 1966 €5,617.66 euro today
€5,000 euro in 1966 €28,088.28 euro today
€10,000 euro in 1966 €56,176.56 euro today
€50,000 euro in 1966 €280,882.82 euro today
€100,000 euro in 1966 €561,765.63 euro today
€500,000 euro in 1966 €2,808,828.17 euro today
€1,000,000 euro in 1966 €5,617,656.34 euro today

Value of Euro in time (by year)

Period Value
1966 100
1967 104.24
1968 108.47
1969 112.99
1970 120.34
1971 126.44
1972 137.07
1973 147.93
1974 160.11
1975 177.54
1976 193.78
1977 209.79
1978 220.54
1979 229.14
1980 240.2
1981 256.17
1982 274.91
1983 286.58
1984 295.18
1985 303.47
1986 308.39
1987 307.47
1988 305.93
1989 309.62
1990 313.61
1991 321.9
1992 333.81
1993 341.46
1994 350.38
1995 359.61
1996 365.67
1997 374.35
1998 382.87
1999 389.67
2000 397.71
2001 408.29
2002 425.29
2003 436.95
2004 444.34
2005 449.25
2006 458.59
2007 462.96
2008 471.59
2009 480.76
2010 486.11
2011 495.5
2012 507.48
2013 522.15
2014 530.79
2015 534.51
2016 538.18
2017 543.47
2018 550.27
2019 561.06
Today 561.77