Value of 1989 Euro (Netherlands) today

€100 in 1989

€221.77 in 2023

The inflation rate in the Netherlands between 1989 and today has been 121.77%, which translates into a total increase of €121.77. This means that 100 euro in 1989 are equivalent to 221.77 euro in 2023. In other words, the purchasing power of €100 in 1989 equals €221.77 today. The average annual inflation rate between these periods has been 2.37%.

Inflation timeline in the Netherlands (1989 - 2023)

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 1989-2022	110.48%
Cumulative inflation 1989-today	121.77%
Avg. Annual inflation 1989-2022	2.28%
CPI 1989	57.69
CPI 2022	121.43
CPI 2023-08 (latest official data)	127.7
CPI today	127.94

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:

Value_t =Value₀ ×

CPI_t/CPI₀

To obtain the values equivalent in buying power between 1989 and 2022, use the corresponding CPI values:

Value₂₀₂₂

=Value₁₉₈₉ ×

CPI₂₀₂₂/CPI₁₉₈₉

=€ 100 ×

121.43/57.69

≈€210.48

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 127.94:

Value_today

=Value₁₉₈₉ ×

CPI_today/CPI₁₉₈₉

=€ 100 ×

127.94/57.69

≈€221.77

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 33 years between 1989 and 2022 and the average inflation rate was 2.2808%. Therefore, we can resolve the formula like this:

Value₂₀₂₂

=PV × (1 + i)ⁿ

=€100 × (1 + 0.022808)³³

≈€210.48

Netherlands inflation - Conversion table

Initial Value		Equivalent value
€1 euro in 1989	→	€2.1 euro in 2022
€5 euro in 1989	→	€10.52 euro in 2022
€10 euro in 1989	→	€21.05 euro in 2022
€50 euro in 1989	→	€105.24 euro in 2022
€100 euro in 1989	→	€210.48 euro in 2022
€500 euro in 1989	→	€1,052.39 euro in 2022
€1,000 euro in 1989	→	€2,104.79 euro in 2022
€5,000 euro in 1989	→	€10,523.94 euro in 2022
€10,000 euro in 1989	→	€21,047.88 euro in 2022
€50,000 euro in 1989	→	€105,239.42 euro in 2022
€100,000 euro in 1989	→	€210,478.85 euro in 2022
€500,000 euro in 1989	→	€1,052,394.24 euro in 2022
€1,000,000 euro in 1989	→	€2,104,788.48 euro in 2022

Cumulative inflation From 1989	121.77%
Avg. annual inflation From 1989	2.37%
CPI 1989	57.69
CPI today	127.94

Value of Euro over time (by year)

Period	Value
1989	100
1990	102.45
1991	105.69
1992	109.05
1993	111.87
1994	115.01
1995	117.22
1996	119.5
1997	122.02
1998	124.41
1999	127.1
2000	130.1
2001	135.51
2002	139.96
2003	142.89
2004	144.69
2005	147.14
2006	148.76
2007	151.16
2008	154.92
2009	156.76
2010	158.76
2011	162.48
2012	166.47
2013	170.64
2014	172.3
2015	173.34
2016	173.89
2017	176.29
2018	179.29
2019	184.01
2020	186.36
2021	191.34
2022	210.48
2023-08	221.35
Today	221.77