Value of 1994 Euro (Netherlands) today

€100 in 1994
€193.13 in 2024

The inflation rate in the Netherlands between 1994 and today has been 93.13%, which translates into a total increase of €93.13. This means that 100 euro in 1994 are equivalent to 193.13 euro in 2024. In other words, the purchasing power of €100 in 1994 equals €193.13 today. The average annual inflation rate between these periods has been 2.22%.

Inflation timeline in the Netherlands (1994 - 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 1994-2023 90.04%
Cumulative inflation 1994-today 93.13%
Avg. Annual inflation 1994-2023 2.24%
CPI 1994 66.35
CPI 2023 126.09
CPI 2024-02 (latest official data) 127.95
CPI today 128.14

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 1994 and 2023, use the corresponding CPI values:

Value2023
=Value1994 ×
CPI2023/CPI1994
=€ 100 ×
126.09/66.35
€190.04

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 128.14:

Valuetoday
=Value1994 ×
CPItoday/CPI1994
=€ 100 ×
128.14/66.35
€193.13

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 29 years between 1994 and 2023 and the average inflation rate was 2.2387%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=€100 × (1 + 0.022387)29
€190.04

Netherlands inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1994 €1.9 euro in 2023
€5 euro in 1994 €9.5 euro in 2023
€10 euro in 1994 €19 euro in 2023
€50 euro in 1994 €95.02 euro in 2023
€100 euro in 1994 €190.04 euro in 2023
€500 euro in 1994 €950.19 euro in 2023
€1,000 euro in 1994 €1,900.39 euro in 2023
€5,000 euro in 1994 €9,501.95 euro in 2023
€10,000 euro in 1994 €19,003.9 euro in 2023
€50,000 euro in 1994 €95,019.49 euro in 2023
€100,000 euro in 1994 €190,038.98 euro in 2023
€500,000 euro in 1994 €950,194.9 euro in 2023
€1,000,000 euro in 1994 €1,900,389.81 euro in 2023
Cumulative inflation From 1994 93.13%
Avg. annual inflation From 1994 2.22%
CPI 1994 66.35
CPI today 128.14

Value of Euro over time (by year)

Period Value
1994 100
1995 101.92
1996 103.91
1997 106.1
1998 108.18
1999 110.51
2000 113.12
2001 117.82
2002 121.7
2003 124.24
2004 125.81
2005 127.94
2006 129.35
2007 131.43
2008 134.7
2009 136.3
2010 138.04
2011 141.27
2012 144.74
2013 148.37
2014 149.82
2015 150.72
2016 151.2
2017 153.29
2018 155.9
2019 160
2020 162.04
2021 166.37
2022 183.01
2023 190.04
2024-02 192.85
Today 193.13

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: