Value of 1988 Euro (Netherlands) today

€100 in 1988
€227.61 in 2024

The inflation rate in the Netherlands between 1988 and today has been 127.61%, which translates into a total increase of €127.61. This means that 100 euro in 1988 are equivalent to 227.61 euro in 2024. In other words, the purchasing power of €100 in 1988 equals €227.61 today. The average annual inflation rate between these periods has been 2.31%.

Inflation timeline in the Netherlands (1988 - 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 1988-2023 120.92%
Cumulative inflation 1988-today 127.61%
Avg. Annual inflation 1988-2023 2.29%
CPI 1988 57.07
CPI 2023 126.09
CPI 2024-05 (latest official data) 129.69
CPI today 129.9

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 1988 and 2023, use the corresponding CPI values:

Value2023
=Value1988 ×
CPI2023/CPI1988
=€ 100 ×
126.09/57.07
€220.92

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 129.9:

Valuetoday
=Value1988 ×
CPItoday/CPI1988
=€ 100 ×
129.9/57.07
€227.61

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 35 years between 1988 and 2023 and the average inflation rate was 2.2905%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.022905)35
€220.92

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1988 €2.21 euro in 2023
€5 euro in 1988 €11.05 euro in 2023
€10 euro in 1988 €22.09 euro in 2023
€50 euro in 1988 €110.46 euro in 2023
€100 euro in 1988 €220.92 euro in 2023
€500 euro in 1988 €1,104.61 euro in 2023
€1,000 euro in 1988 €2,209.23 euro in 2023
€5,000 euro in 1988 €11,046.15 euro in 2023
€10,000 euro in 1988 €22,092.29 euro in 2023
€50,000 euro in 1988 €110,461.47 euro in 2023
€100,000 euro in 1988 €220,922.93 euro in 2023
€500,000 euro in 1988 €1,104,614.66 euro in 2023
€1,000,000 euro in 1988 €2,209,229.33 euro in 2023
Cumulative inflation From 1988 127.61%
Avg. annual inflation From 1988 2.31%
CPI 1988 57.07
CPI today 129.9

Value of Euro over time (by year)

Period Value
1988 100
1989 101.08
1990 103.56
1991 106.83
1992 110.23
1993 113.08
1994 116.25
1995 118.49
1996 120.8
1997 123.34
1998 125.76
1999 128.47
2000 131.51
2001 136.97
2002 141.48
2003 144.43
2004 146.26
2005 148.73
2006 150.37
2007 152.79
2008 156.59
2009 158.46
2010 160.48
2011 164.23
2012 168.27
2013 172.49
2014 174.17
2015 175.21
2016 175.77
2017 178.2
2018 181.23
2019 186.01
2020 188.37
2021 193.41
2022 212.76
2023 220.92
2024-05 227.24
Today 227.61

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: