Value of 1971 Euro (Netherlands) today

€100 in 1971
€485.74 in 2022

The inflation rate in the Netherlands between 1971 and today has been 385.74%, which translates into a total increase of €385.74. This means that 100 euro in 1971 are equivalent to 485.74 euro in 2022. In other words, the purchasing power of €100 in 1971 equals €485.74 today. The average annual inflation rate between these periods has been 3.15%.

Inflation timeline in the Netherlands (1971 - 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 1971-2021 347.17%
Cumulative inflation 1971-today 385.74%
Avg. Annual inflation 1971-2021 3.04%
CPI 1971 24.69
CPI 2021 110.39
CPI 2022-05 (latest official data) 119.05
CPI today 119.91

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 1971 and 2021, use the corresponding CPI values:

Value2021
=Value1971 ×
CPI2021/CPI1971
=€ 100 ×
110.39/24.69
€447.17

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 119.91:

Valuetoday
=Value1971 ×
CPItoday/CPI1971
=€ 100 ×
119.91/24.69
€485.74

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 50 years between 1971 and 2021 and the average inflation rate was 3.0409%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=€100 × (1 + 0.030409)50
€447.17

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1971 €4.47 euro in 2021
€5 euro in 1971 €22.36 euro in 2021
€10 euro in 1971 €44.72 euro in 2021
€50 euro in 1971 €223.59 euro in 2021
€100 euro in 1971 €447.17 euro in 2021
€500 euro in 1971 €2,235.85 euro in 2021
€1,000 euro in 1971 €4,471.7 euro in 2021
€5,000 euro in 1971 €22,358.5 euro in 2021
€10,000 euro in 1971 €44,717.01 euro in 2021
€50,000 euro in 1971 €223,585.03 euro in 2021
€100,000 euro in 1971 €447,170.05 euro in 2021
€500,000 euro in 1971 €2,235,850.26 euro in 2021
€1,000,000 euro in 1971 €4,471,700.53 euro in 2021
Cumulative inflation From 1971 385.74%
Avg. annual inflation From 1971 3.15%
CPI 1971 24.69
CPI today 119.91

Value of Euro over time (by year)

Period Value
1971 100
1972 107.8
1973 116.45
1974 127.62
1975 140.66
1976 153.08
1977 162.88
1978 169.57
1979 176.7
1980 188.2
1981 200.89
1982 212.76
1983 218.59
1984 225.81
1985 230.91
1986 231.1
1987 229.51
1988 231.2
1989 233.7
1990 239.44
1991 247
1992 254.86
1993 261.45
1994 268.77
1995 273.94
1996 279.28
1997 285.17
1998 290.76
1999 297.03
2000 304.04
2001 316.68
2002 327.09
2003 333.93
2004 338.15
2005 343.86
2006 347.65
2007 353.26
2008 362.04
2009 366.35
2010 371.02
2011 379.71
2012 389.03
2013 398.78
2014 402.68
2015 405.09
2016 406.38
2017 411.99
2018 419.01
2019 430.04
2020 435.52
2021 447.17
2022-05 482.26
Today 485.74

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: