Value of 1960 Euro (Switzerland) today

€100 in 1960

€417.3 in 2018

The inflation rate in Switzerland between 1960 and today has been 317.3%, which translates into a total increase of €317.3. This means that 100 euro in 1960 are equivalent to 417.3 euro in 2018. In other words, the purchasing power of €100 in 1960 equals €417.3 today. The average annual inflation rate has been 2.45%.

Inflation timeline in Switzerland (1960-2018)

The following chart ilustrates the equivalence of €100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1960-2018) 313.37%
Total Inflation* 317.3%
Annual inflation avg. (1960-2018) 2.48%
Annual inflation avg.* 2.45%
CPI 1960 24.24
CPI 2018 100.21
CPI today* 101.17
€1 in 1960 €4.13 in 2018

* Values extrapolated from the last official data to obtain today's values.

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 compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 58 years between 1960 and 2018 and the average inflation rate has been 2.451%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)58 = €413.37

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1960 was 24.24 and the CPI today is 101.17. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
100.21/24.24
= €413.37

Switzerland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1960 €4.17 euro today
€5 euro in 1960 €20.87 euro today
€10 euro in 1960 €41.73 euro today
€50 euro in 1960 €208.65 euro today
€100 euro in 1960 €417.3 euro today
€500 euro in 1960 €2,086.52 euro today
€1,000 euro in 1960 €4,173.05 euro today
€5,000 euro in 1960 €20,865.23 euro today
€10,000 euro in 1960 €41,730.45 euro today
€50,000 euro in 1960 €208,652.27 euro today
€100,000 euro in 1960 €417,304.54 euro today
€500,000 euro in 1960 €2,086,522.69 euro today
€1,000,000 euro in 1960 €4,173,045.39 euro today

Value of Euro in time (by year)

Period Value
1960 100
1961 101.76
1962 105.35
1963 108.76
1964 112.95
1965 115.59
1966 121.27
1967 126.83
1968 131.26
1969 134.12
1970 137.23
1971 144.7
1972 154.28
1973 164.85
1974 184.51
1975 198.44
1976 205.28
1977 207.9
1978 210.4
1979 211.86
1980 222.77
1981 232.63
1982 247.94
1983 261.58
1984 267.17
1985 274.92
1986 283.83
1987 283.94
1988 289.3
1989 294.93
1990 309.75
1991 326.09
1992 343.13
1993 354.87
1994 363.68
1995 365.21
1996 372.32
1997 375.23
1998 376.68
1999 376.05
2000 382.32
2001 388.03
2002 389.29
2003 392.76
2004 395.09
2005 400.35
2006 404.38
2007 406.89
2008 415.05
2009 417.96
2010 419.14
2011 421.32
2012 418.3
2013 416.49
2014 416.77
2015 415.4
2016 409.96
2017 409.94
2018 413.37
Today 417.3