Value of 1970 Euro (Netherlands) today

€100 in 1970

€466.69 today

The inflation rate in Netherlands between 1970 and today has been 366.69%, which translates into a total increase of €366.69. This means that 100 euro in 1970 are equivalent to 466.69 euro in 2018. In other words, the purchasing power of €100 in 1970 equals €466.69 today. The average annual inflation rate has been 3.19%.

Inflation timeline in Netherlands (1970-2019)

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 (1970-2018) 357.27%
Total Inflation* 366.69%
Annual inflation avg. (1970-2018) 3.22%
Annual inflation avg.* 3.19%
CPI 1970 22.3
CPI 2018 101.97
CPI today* 104.07
€1 in 1970 €4.57 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 48 years between 1970 and 2018 and the average inflation rate has been 3.1938%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)48 = €457.27

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 1970 was 22.3 and the CPI today is 104.07. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
101.97/22.3
= €457.27

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1970 €4.67 euro today
€5 euro in 1970 €23.33 euro today
€10 euro in 1970 €46.67 euro today
€50 euro in 1970 €233.34 euro today
€100 euro in 1970 €466.69 euro today
€500 euro in 1970 €2,333.44 euro today
€1,000 euro in 1970 €4,666.88 euro today
€5,000 euro in 1970 €23,334.38 euro today
€10,000 euro in 1970 €46,668.76 euro today
€50,000 euro in 1970 €233,343.8 euro today
€100,000 euro in 1970 €466,687.6 euro today
€500,000 euro in 1970 €2,333,438.01 euro today
€1,000,000 euro in 1970 €4,666,876.02 euro today

Value of Euro in time (by year)

Period Value
1970 100
1971 105.07
1972 113.9
1973 122.93
1974 133.05
1975 147.54
1976 161.03
1977 174.33
1978 183.27
1979 190.41
1980 199.6
1981 212.87
1982 228.44
1983 238.14
1984 245.29
1985 252.18
1986 256.27
1987 255.5
1988 254.22
1989 257.29
1990 260.61
1991 267.5
1992 277.39
1993 283.75
1994 291.16
1995 298.83
1996 303.86
1997 311.08
1998 318.16
1999 323.81
2000 330.49
2001 339.28
2002 353.41
2003 363.1
2004 369.24
2005 373.32
2006 381.08
2007 384.71
2008 391.88
2009 399.51
2010 403.95
2011 411.75
2012 421.71
2013 433.9
2014 441.08
2015 444.17
2016 447.22
2017 451.62
2018 457.27
Today 466.69