Value of 1983 Euro (Netherlands) today

€100 in 1983
€237.44 in 2024

The inflation rate in the Netherlands between 1983 and today has been 137.44%, which translates into a total increase of €137.44. This means that 100 euro in 1983 are equivalent to 237.44 euro in 2024. In other words, the purchasing power of €100 in 1983 equals €237.44 today. The average annual inflation rate between these periods has been 2.13%.

Inflation timeline in the Netherlands (1983 - 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 1983-2023 133.66%
Cumulative inflation 1983-today 137.44%
Avg. Annual inflation 1983-2023 2.14%
CPI 1983 53.96
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 1983 and 2023, use the corresponding CPI values:

Value2023
=Value1983 ×
CPI2023/CPI1983
=€ 100 ×
126.09/53.96
€233.66

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

Valuetoday
=Value1983 ×
CPItoday/CPI1983
=€ 100 ×
128.13/53.96
€237.44

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 40 years between 1983 and 2023 and the average inflation rate was 2.1444%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.021444)40
€233.66

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1983 €2.34 euro in 2023
€5 euro in 1983 €11.68 euro in 2023
€10 euro in 1983 €23.37 euro in 2023
€50 euro in 1983 €116.83 euro in 2023
€100 euro in 1983 €233.66 euro in 2023
€500 euro in 1983 €1,168.32 euro in 2023
€1,000 euro in 1983 €2,336.63 euro in 2023
€5,000 euro in 1983 €11,683.16 euro in 2023
€10,000 euro in 1983 €23,366.33 euro in 2023
€50,000 euro in 1983 €116,831.63 euro in 2023
€100,000 euro in 1983 €233,663.26 euro in 2023
€500,000 euro in 1983 €1,168,316.31 euro in 2023
€1,000,000 euro in 1983 €2,336,632.62 euro in 2023
Cumulative inflation From 1983 137.44%
Avg. annual inflation From 1983 2.13%
CPI 1983 53.96
CPI today 128.13

Value of Euro over time (by year)

Period Value
1983 100
1984 103.3
1985 105.63
1986 105.72
1987 104.99
1988 105.77
1989 106.91
1990 109.54
1991 112.99
1992 116.59
1993 119.6
1994 122.96
1995 125.32
1996 127.76
1997 130.46
1998 133.01
1999 135.88
2000 139.09
2001 144.87
2002 149.63
2003 152.76
2004 154.69
2005 157.31
2006 159.04
2007 161.61
2008 165.62
2009 167.59
2010 169.73
2011 173.71
2012 177.97
2013 182.43
2014 184.21
2015 185.32
2016 185.91
2017 188.47
2018 191.68
2019 196.73
2020 199.24
2021 204.57
2022 225.03
2023 233.66
2024-02 237.11
Today 237.44

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: