Value of 1966 Euro (Switzerland) today

€100 in 1966

€345 in 2018

The inflation rate in Switzerland between 1966 and today has been 245%, which translates into a total increase of €245. This means that 100 euro in 1966 are equivalent to 345 euro in 2018. In other words, the purchasing power of €100 in 1966 equals €345 today. The average annual inflation rate has been 2.36%.

Inflation timeline in Switzerland (1966-2018)

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 (1966-2018) 240.87%
Total Inflation* 245%
Annual inflation avg. (1966-2018) 2.39%
Annual inflation avg.* 2.36%
CPI 1966 29.4
CPI 2018 100.21
CPI today* 101.42
€1 in 1966 €3.41 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 52 years between 1966 and 2018 and the average inflation rate has been 2.364%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)52 = €340.87

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 1966 was 29.4 and the CPI today is 101.42. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
100.21/29.4
= €340.87

Switzerland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1966 €3.45 euro today
€5 euro in 1966 €17.25 euro today
€10 euro in 1966 €34.5 euro today
€50 euro in 1966 €172.5 euro today
€100 euro in 1966 €345 euro today
€500 euro in 1966 €1,724.98 euro today
€1,000 euro in 1966 €3,449.96 euro today
€5,000 euro in 1966 €17,249.81 euro today
€10,000 euro in 1966 €34,499.62 euro today
€50,000 euro in 1966 €172,498.09 euro today
€100,000 euro in 1966 €344,996.18 euro today
€500,000 euro in 1966 €1,724,980.88 euro today
€1,000,000 euro in 1966 €3,449,961.76 euro today

Value of Euro in time (by year)

Period Value
1966 100
1967 104.59
1968 108.24
1969 110.6
1970 113.16
1971 119.32
1972 127.22
1973 135.94
1974 152.15
1975 163.64
1976 169.28
1977 171.44
1978 173.5
1979 174.71
1980 183.7
1981 191.83
1982 204.46
1983 215.7
1984 220.31
1985 226.71
1986 234.05
1987 234.14
1988 238.56
1989 243.21
1990 255.42
1991 268.9
1992 282.95
1993 292.63
1994 299.9
1995 301.16
1996 307.02
1997 309.42
1998 310.62
1999 310.09
2000 315.27
2001 319.97
2002 321.02
2003 323.88
2004 325.8
2005 330.14
2006 333.46
2007 335.53
2008 342.25
2009 344.65
2010 345.63
2011 347.42
2012 344.94
2013 343.44
2014 343.67
2015 342.54
2016 338.06
2017 338.04
2018 340.87
Today 345