Value of 1970 Euro (Switzerland) today

€100 in 1970

€304.09 in 2018

The inflation rate in Switzerland between 1970 and today has been 204.09%, which translates into a total increase of €204.09. This means that 100 euro in 1970 are equivalent to 304.09 euro in 2018. In other words, the purchasing power of €100 in 1970 equals €304.09 today. The average annual inflation rate has been 2.3%.

Inflation timeline in Switzerland (1970-2018)

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 (1970-2018) 201.23%
Total Inflation* 204.09%
Annual inflation avg. (1970-2018) 2.32%
Annual inflation avg.* 2.3%
CPI 1970 33.27
CPI 2018 100.21
CPI today* 101.17
€1 in 1970 €3.01 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 48 years between 1970 and 2018 and the average inflation rate has been 2.2957%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)48 = €301.23

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 1970 was 33.27 and the CPI today is 101.17. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
100.21/33.27
= €301.23

Switzerland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1970 €3.04 euro today
€5 euro in 1970 €15.2 euro today
€10 euro in 1970 €30.41 euro today
€50 euro in 1970 €152.05 euro today
€100 euro in 1970 €304.09 euro today
€500 euro in 1970 €1,520.45 euro today
€1,000 euro in 1970 €3,040.9 euro today
€5,000 euro in 1970 €15,204.5 euro today
€10,000 euro in 1970 €30,409.01 euro today
€50,000 euro in 1970 €152,045.05 euro today
€100,000 euro in 1970 €304,090.1 euro today
€500,000 euro in 1970 €1,520,450.48 euro today
€1,000,000 euro in 1970 €3,040,900.96 euro today

Value of Euro in time (by year)

Period Value
1970 100
1971 105.44
1972 112.42
1973 120.13
1974 134.45
1975 144.61
1976 149.59
1977 151.5
1978 153.32
1979 154.38
1980 162.33
1981 169.52
1982 180.67
1983 190.61
1984 194.68
1985 200.34
1986 206.82
1987 206.91
1988 210.81
1989 214.92
1990 225.71
1991 237.62
1992 250.04
1993 258.59
1994 265.01
1995 266.13
1996 271.31
1997 273.43
1998 274.49
1999 274.02
2000 278.6
2001 282.76
2002 283.68
2003 286.2
2004 287.9
2005 291.74
2006 294.67
2007 296.5
2008 302.44
2009 304.56
2010 305.43
2011 307.01
2012 304.82
2013 303.49
2014 303.7
2015 302.7
2016 298.74
2017 298.72
2018 301.23
Today 304.09