Value of 1993 Euro (Netherlands) today

€100 in 1993
€204.17 in 2024

The inflation rate in the Netherlands between 1993 and today has been 104.17%, which translates into a total increase of €104.17. This means that 100 euro in 1993 are equivalent to 204.17 euro in 2024. In other words, the purchasing power of €100 in 1993 equals €204.17 today. The average annual inflation rate between these periods has been 2.33%.

Inflation timeline in the Netherlands (1993 - 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 1993-2023 95.36%
Cumulative inflation 1993-today 104.17%
Avg. Annual inflation 1993-2023 2.26%
CPI 1993 64.54
CPI 2023 126.09
CPI 2024-09 (latest official data) 131.61
CPI today 131.77

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 1993 and 2023, use the corresponding CPI values:

Value2023
=Value1993 ×
CPI2023/CPI1993
=€ 100 ×
126.09/64.54
€195.36

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 131.77:

Valuetoday
=Value1993 ×
CPItoday/CPI1993
=€ 100 ×
131.77/64.54
€204.17

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 30 years between 1993 and 2023 and the average inflation rate was 2.2574%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.022574)30
€195.36

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1993 €1.95 euro in 2023
€5 euro in 1993 €9.77 euro in 2023
€10 euro in 1993 €19.54 euro in 2023
€50 euro in 1993 €97.68 euro in 2023
€100 euro in 1993 €195.36 euro in 2023
€500 euro in 1993 €976.81 euro in 2023
€1,000 euro in 1993 €1,953.63 euro in 2023
€5,000 euro in 1993 €9,768.15 euro in 2023
€10,000 euro in 1993 €19,536.3 euro in 2023
€50,000 euro in 1993 €97,681.49 euro in 2023
€100,000 euro in 1993 €195,362.98 euro in 2023
€500,000 euro in 1993 €976,814.89 euro in 2023
€1,000,000 euro in 1993 €1,953,629.77 euro in 2023
Cumulative inflation From 1993 104.17%
Avg. annual inflation From 1993 2.33%
CPI 1993 64.54
CPI today 131.77

Value of Euro over time (by year)

Period Value
1993 100
1994 102.8
1995 104.78
1996 106.82
1997 109.07
1998 111.21
1999 113.61
2000 116.29
2001 121.12
2002 125.11
2003 127.72
2004 129.34
2005 131.52
2006 132.97
2007 135.12
2008 138.48
2009 140.12
2010 141.91
2011 145.23
2012 148.8
2013 152.53
2014 154.02
2015 154.94
2016 155.43
2017 157.58
2018 160.26
2019 164.49
2020 166.58
2021 171.04
2022 188.14
2023 195.36
2024-09 203.92
Today 204.17

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: