Value of 1962 Euro (Switzerland) today

€100 in 1962

€396.13 in 2018

The inflation rate in Switzerland between 1962 and today has been 296.13%, which translates into a total increase of €296.13. This means that 100 euro in 1962 are equivalent to 396.13 euro in 2018. In other words, the purchasing power of €100 in 1962 equals €396.13 today. The average annual inflation rate has been 2.44%.

Inflation timeline in Switzerland (1962-2018)

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 (1962-2018) 292.4%
Total Inflation* 296.13%
Annual inflation avg. (1962-2018) 2.47%
Annual inflation avg.* 2.44%
CPI 1962 25.54
CPI 2018 100.21
CPI today* 101.17
€1 in 1962 €3.92 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 56 years between 1962 and 2018 and the average inflation rate has been 2.4444%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)56 = €392.4

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 1962 was 25.54 and the CPI today is 101.17. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
100.21/25.54
= €392.4

Switzerland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1962 €3.96 euro today
€5 euro in 1962 €19.81 euro today
€10 euro in 1962 €39.61 euro today
€50 euro in 1962 €198.06 euro today
€100 euro in 1962 €396.13 euro today
€500 euro in 1962 €1,980.64 euro today
€1,000 euro in 1962 €3,961.27 euro today
€5,000 euro in 1962 €19,806.37 euro today
€10,000 euro in 1962 €39,612.73 euro today
€50,000 euro in 1962 €198,063.66 euro today
€100,000 euro in 1962 €396,127.31 euro today
€500,000 euro in 1962 €1,980,636.56 euro today
€1,000,000 euro in 1962 €3,961,273.13 euro today

Value of Euro in time (by year)

Period Value
1962 100
1963 103.24
1964 107.22
1965 109.73
1966 115.11
1967 120.4
1968 124.6
1969 127.31
1970 130.27
1971 137.35
1972 146.45
1973 156.49
1974 175.15
1975 188.37
1976 194.87
1977 197.35
1978 199.72
1979 201.11
1980 211.46
1981 220.82
1982 235.36
1983 248.3
1984 253.61
1985 260.97
1986 269.42
1987 269.53
1988 274.62
1989 279.97
1990 294.03
1991 309.54
1992 325.72
1993 336.86
1994 345.22
1995 346.67
1996 353.43
1997 356.19
1998 357.56
1999 356.96
2000 362.92
2001 368.34
2002 369.53
2003 372.83
2004 375.04
2005 380.03
2006 383.86
2007 386.24
2008 393.98
2009 396.75
2010 397.87
2011 399.93
2012 397.08
2013 395.35
2014 395.62
2015 394.32
2016 389.16
2017 389.13
2018 392.4
Today 396.13