Value of 1971 Euro (Netherlands) today

€100 in 1971

€444.26 in 2019

The inflation rate in Netherlands between 1971 and today has been 344.26%, which translates into a total increase of €344.26. This means that 100 euro in 1971 are equivalent to 444.26 euro in 2019. In other words, the purchasing power of €100 in 1971 equals €444.26 today. The average annual inflation rate has been 3.09%.

Inflation timeline in Netherlands (1971-2019)

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 (1971-2019) 343.73%
Total Inflation* 344.26%
Annual inflation avg. (1971-2019) 3.15%
Annual inflation avg.* 3.09%
CPI 1971 23.43
CPI 2019 103.97
CPI today* 104.09
€1 in 1971 €4.44 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 48 years between 1971 and 2019 and the average inflation rate has been 3.0901%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.03)48 = €443.73

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 1971 was 23.43 and the CPI today is 104.09. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
103.97/23.43
= €443.73

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1971 €4.44 euro today
€5 euro in 1971 €22.21 euro today
€10 euro in 1971 €44.43 euro today
€50 euro in 1971 €222.13 euro today
€100 euro in 1971 €444.26 euro today
€500 euro in 1971 €2,221.32 euro today
€1,000 euro in 1971 €4,442.64 euro today
€5,000 euro in 1971 €22,213.19 euro today
€10,000 euro in 1971 €44,426.39 euro today
€50,000 euro in 1971 €222,131.93 euro today
€100,000 euro in 1971 €444,263.85 euro today
€500,000 euro in 1971 €2,221,319.27 euro today
€1,000,000 euro in 1971 €4,442,638.54 euro today

Value of Euro in time (by year)

Period Value
1971 100
1972 108.4
1973 117
1974 126.63
1975 140.42
1976 153.26
1977 165.92
1978 174.42
1979 181.22
1980 189.97
1981 202.6
1982 217.42
1983 226.65
1984 233.45
1985 240.01
1986 243.9
1987 243.17
1988 241.95
1989 244.87
1990 248.03
1991 254.59
1992 264.01
1993 270.05
1994 277.11
1995 284.41
1996 289.2
1997 296.06
1998 302.81
1999 308.18
2000 314.54
2001 322.91
2002 336.35
2003 345.57
2004 351.42
2005 355.3
2006 362.68
2007 366.14
2008 372.97
2009 380.23
2010 384.45
2011 391.88
2012 401.35
2013 412.96
2014 419.79
2015 422.73
2016 425.64
2017 429.82
2018 435.2
2019 443.73
Today 444.26