Value of 1968 Euro (Netherlands) today

€100 in 1968
€621.29 in 2024

The inflation rate in the Netherlands between 1968 and today has been 521.29%, which translates into a total increase of €521.29. This means that 100 euro in 1968 are equivalent to 621.29 euro in 2024. In other words, the purchasing power of €100 in 1968 equals €621.29 today. The average annual inflation rate between these periods has been 3.32%.

Inflation timeline in the Netherlands (1968 - 2024)

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 1968-2023 511.35%
Cumulative inflation 1968-today 521.29%
Avg. Annual inflation 1968-2023 3.35%
CPI 1968 20.62
CPI 2023 126.09
CPI 2024-02 (latest official data) 127.95
CPI today 128.14

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 1968 and 2023, use the corresponding CPI values:

Value2023
=Value1968 ×
CPI2023/CPI1968
=€ 100 ×
126.09/20.62
€611.35

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 128.14:

Valuetoday
=Value1968 ×
CPItoday/CPI1968
=€ 100 ×
128.14/20.62
€621.29

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 1968 and 2023 and the average inflation rate was 3.3466%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.033466)55
€611.35

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1968 €6.11 euro in 2023
€5 euro in 1968 €30.57 euro in 2023
€10 euro in 1968 €61.13 euro in 2023
€50 euro in 1968 €305.67 euro in 2023
€100 euro in 1968 €611.35 euro in 2023
€500 euro in 1968 €3,056.73 euro in 2023
€1,000 euro in 1968 €6,113.46 euro in 2023
€5,000 euro in 1968 €30,567.32 euro in 2023
€10,000 euro in 1968 €61,134.64 euro in 2023
€50,000 euro in 1968 €305,673.19 euro in 2023
€100,000 euro in 1968 €611,346.38 euro in 2023
€500,000 euro in 1968 €3,056,731.88 euro in 2023
€1,000,000 euro in 1968 €6,113,463.75 euro in 2023
Cumulative inflation From 1968 521.29%
Avg. annual inflation From 1968 3.32%
CPI 1968 20.62
CPI today 128.14

Value of Euro over time (by year)

Period Value
1968 100
1969 107.42
1970 111.36
1971 119.69
1972 129.03
1973 139.38
1974 152.75
1975 168.36
1976 183.22
1977 194.95
1978 202.96
1979 211.49
1980 225.26
1981 240.44
1982 254.66
1983 261.64
1984 270.27
1985 276.38
1986 276.61
1987 274.7
1988 276.72
1989 279.72
1990 286.58
1991 295.63
1992 305.05
1993 312.93
1994 321.7
1995 327.88
1996 334.27
1997 341.32
1998 348.01
1999 355.52
2000 363.91
2001 379.03
2002 391.5
2003 399.69
2004 404.74
2005 411.57
2006 416.1
2007 422.82
2008 433.33
2009 438.49
2010 444.08
2011 454.47
2012 465.63
2013 477.31
2014 481.97
2015 484.86
2016 486.39
2017 493.11
2018 501.51
2019 514.72
2020 521.27
2021 535.22
2022 588.75
2023 611.35
2024-02 620.38
Today 621.29

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: