Value of 1978 Euro (Switzerland) today

€100 in 1978

€198.34 in 2018

The inflation rate in Switzerland between 1978 and today has been 98.34%, which translates into a total increase of €98.34. This means that 100 euro in 1978 are equivalent to 198.34 euro in 2018. In other words, the purchasing power of €100 in 1978 equals €198.34 today. The average annual inflation rate has been 1.68%.

Inflation timeline in Switzerland (1978-2018)

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 (1978-2018) 96.47%
Total Inflation* 98.34%
Annual inflation avg. (1978-2018) 1.7%
Annual inflation avg.* 1.68%
CPI 1978 51.01
CPI 2018 100.21
CPI today* 101.17
€1 in 1978 €1.96 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 40 years between 1978 and 2018 and the average inflation rate has been 1.6843%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = €100 * (1 + 0.02)40 = €196.47

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 1978 was 51.01 and the CPI today is 101.17. Therefore,

Final value = Initial value *
CPI final/CPI initial
= €100 *
100.21/51.01
= €196.47

Switzerland inflation - Conversion table

Initial Value Equivalent value
€1 euro in 1978 €1.98 euro today
€5 euro in 1978 €9.92 euro today
€10 euro in 1978 €19.83 euro today
€50 euro in 1978 €99.17 euro today
€100 euro in 1978 €198.34 euro today
€500 euro in 1978 €991.72 euro today
€1,000 euro in 1978 €1,983.43 euro today
€5,000 euro in 1978 €9,917.16 euro today
€10,000 euro in 1978 €19,834.32 euro today
€50,000 euro in 1978 €99,171.62 euro today
€100,000 euro in 1978 €198,343.23 euro today
€500,000 euro in 1978 €991,716.16 euro today
€1,000,000 euro in 1978 €1,983,432.32 euro today

Value of Euro in time (by year)

Period Value
1978 100
1979 100.7
1980 105.88
1981 110.57
1982 117.85
1983 124.33
1984 126.98
1985 130.67
1986 134.9
1987 134.96
1988 137.5
1989 140.18
1990 147.22
1991 154.99
1992 163.09
1993 168.67
1994 172.86
1995 173.58
1996 176.96
1997 178.35
1998 179.03
1999 178.73
2000 181.71
2001 184.43
2002 185.03
2003 186.68
2004 187.78
2005 190.29
2006 192.2
2007 193.39
2008 197.27
2009 198.65
2010 199.21
2011 200.25
2012 198.82
2013 197.95
2014 198.09
2015 197.44
2016 194.85
2017 194.84
2018 196.47
Today 198.34