Value of 1978 Euro (Netherlands) today

€100 in 1978
€307.68 in 2024

The inflation rate in the Netherlands between 1978 and today has been 207.68%, which translates into a total increase of €207.68. This means that 100 euro in 1978 are equivalent to 307.68 euro in 2024. In other words, the purchasing power of €100 in 1978 equals €307.68 today. The average annual inflation rate between these periods has been 2.47%.

Inflation timeline in the Netherlands (1978 - 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 1978-2023 201.21%
Cumulative inflation 1978-today 207.68%
Avg. Annual inflation 1978-2023 2.48%
CPI 1978 41.86
CPI 2023 126.09
CPI 2024-03 (latest official data) 128.58
CPI today 128.8

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 1978 and 2023, use the corresponding CPI values:

Value2023
=Value1978 ×
CPI2023/CPI1978
=€ 100 ×
126.09/41.86
€301.21

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 128.8:

Valuetoday
=Value1978 ×
CPItoday/CPI1978
=€ 100 ×
128.8/41.86
€307.68

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 45 years between 1978 and 2023 and the average inflation rate was 2.4806%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.024806)45
€301.21

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1978 €3.01 euro in 2023
€5 euro in 1978 €15.06 euro in 2023
€10 euro in 1978 €30.12 euro in 2023
€50 euro in 1978 €150.6 euro in 2023
€100 euro in 1978 €301.21 euro in 2023
€500 euro in 1978 €1,506.04 euro in 2023
€1,000 euro in 1978 €3,012.08 euro in 2023
€5,000 euro in 1978 €15,060.42 euro in 2023
€10,000 euro in 1978 €30,120.84 euro in 2023
€50,000 euro in 1978 €150,604.21 euro in 2023
€100,000 euro in 1978 €301,208.42 euro in 2023
€500,000 euro in 1978 €1,506,042.08 euro in 2023
€1,000,000 euro in 1978 €3,012,084.17 euro in 2023
Cumulative inflation From 1978 207.68%
Avg. annual inflation From 1978 2.47%
CPI 1978 41.86
CPI today 128.8

Value of Euro over time (by year)

Period Value
1978 100
1979 104.2
1980 110.99
1981 118.47
1982 125.47
1983 128.91
1984 133.16
1985 136.17
1986 136.28
1987 135.34
1988 136.34
1989 137.82
1990 141.2
1991 145.66
1992 150.29
1993 154.18
1994 158.5
1995 161.55
1996 164.7
1997 168.17
1998 171.46
1999 175.16
2000 179.3
2001 186.75
2002 192.89
2003 196.92
2004 199.41
2005 202.78
2006 205.01
2007 208.32
2008 213.5
2009 216.04
2010 218.8
2011 223.92
2012 229.42
2013 235.17
2014 237.46
2015 238.89
2016 239.64
2017 242.96
2018 247.09
2019 253.6
2020 256.83
2021 263.7
2022 290.07
2023 301.21
2024-03 307.16
Today 307.68

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: