Value of 1970 Euro (Netherlands) today

€100 in 1970
€557.85 in 2024

The inflation rate in the Netherlands between 1970 and today has been 457.85%, which translates into a total increase of €457.85. This means that 100 euro in 1970 are equivalent to 557.85 euro in 2024. In other words, the purchasing power of €100 in 1970 equals €557.85 today. The average annual inflation rate between these periods has been 3.23%.

Inflation timeline in the Netherlands (1970 - 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 1970-2023 448.97%
Cumulative inflation 1970-today 457.85%
Avg. Annual inflation 1970-2023 3.27%
CPI 1970 22.97
CPI 2023 126.09
CPI 2024-02 (latest official data) 127.95
CPI today 128.13

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 1970 and 2023, use the corresponding CPI values:

Value2023
=Value1970 ×
CPI2023/CPI1970
=€ 100 ×
126.09/22.97
€548.97

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 128.13:

Valuetoday
=Value1970 ×
CPItoday/CPI1970
=€ 100 ×
128.13/22.97
€557.85

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 53 years between 1970 and 2023 and the average inflation rate was 3.2651%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.032651)53
€548.97

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1970 €5.49 euro in 2023
€5 euro in 1970 €27.45 euro in 2023
€10 euro in 1970 €54.9 euro in 2023
€50 euro in 1970 €274.48 euro in 2023
€100 euro in 1970 €548.97 euro in 2023
€500 euro in 1970 €2,744.84 euro in 2023
€1,000 euro in 1970 €5,489.67 euro in 2023
€5,000 euro in 1970 €27,448.36 euro in 2023
€10,000 euro in 1970 €54,896.72 euro in 2023
€50,000 euro in 1970 €274,483.6 euro in 2023
€100,000 euro in 1970 €548,967.2 euro in 2023
€500,000 euro in 1970 €2,744,836 euro in 2023
€1,000,000 euro in 1970 €5,489,671.99 euro in 2023
Cumulative inflation From 1970 457.85%
Avg. annual inflation From 1970 3.23%
CPI 1970 22.97
CPI today 128.13

Value of Euro over time (by year)

Period Value
1970 100
1971 107.48
1972 115.86
1973 125.16
1974 137.16
1975 151.18
1976 164.53
1977 175.06
1978 182.25
1979 189.91
1980 202.28
1981 215.91
1982 228.67
1983 234.94
1984 242.7
1985 248.18
1986 248.38
1987 246.67
1988 248.49
1989 251.18
1990 257.34
1991 265.47
1992 273.92
1993 281
1994 288.87
1995 294.43
1996 300.17
1997 306.5
1998 312.5
1999 319.24
2000 326.78
2001 340.36
2002 351.55
2003 358.9
2004 363.44
2005 369.57
2006 373.64
2007 379.67
2008 389.12
2009 393.74
2010 398.77
2011 408.1
2012 418.12
2013 428.6
2014 432.79
2015 435.39
2016 436.76
2017 442.8
2018 450.34
2019 462.2
2020 468.08
2021 480.61
2022 528.67
2023 548.97
2024-02 557.08
Today 557.85

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: