Fr.

Value of 1998 Swiss Francs today

Fr.100 in 1998
Fr.117.82 in 2024

The inflation rate in Switzerland between 1998 and today has been 17.82%, which translates into a total increase of Fr.17.82. This means that 100 francs in 1998 are equivalent to 117.82 francs in 2024. In other words, the purchasing power of Fr.100 in 1998 equals Fr.117.82 today. The average annual inflation rate between these periods has been 0.63%.

Inflation timeline in Switzerland (1998 - 2024)

The following chart depicts the equivalence of Fr.100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing 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 extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1998-2023 16.49%
Cumulative inflation 1998-today 17.82%
Avg. Annual inflation 1998-2023 0.61%
CPI 1998 91.29
CPI 2023 106.34
CPI 2024-09 (latest official data) 107.47
CPI today 107.55

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

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1998 and 2023, use the corresponding CPI values:

Value2023
=Value1998 ×
CPI2023/CPI1998
=Fr. 100 ×
106.34/91.29
Fr.116.49

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 107.55:

Valuetoday
=Value1998 ×
CPItoday/CPI1998
=Fr. 100 ×
107.55/91.29
Fr.117.82

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: 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 Fr.100 worth today. There are 25 years between 1998 and 2023 and the average inflation rate was 0.6125%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=Fr.100 × (1 + 0.006125)25
Fr.116.49

Switzerland inflation - Conversion table

Initial Value Equivalent value
Fr.1 franc in 1998 Fr.1.16 francs in 2023
Fr.5 francs in 1998 Fr.5.82 francs in 2023
Fr.10 francs in 1998 Fr.11.65 francs in 2023
Fr.50 francs in 1998 Fr.58.25 francs in 2023
Fr.100 francs in 1998 Fr.116.49 francs in 2023
Fr.500 francs in 1998 Fr.582.47 francs in 2023
Fr.1,000 francs in 1998 Fr.1,164.93 francs in 2023
Fr.5,000 francs in 1998 Fr.5,824.67 francs in 2023
Fr.10,000 francs in 1998 Fr.11,649.35 francs in 2023
Fr.50,000 francs in 1998 Fr.58,246.73 francs in 2023
Fr.100,000 francs in 1998 Fr.116,493.46 francs in 2023
Fr.500,000 francs in 1998 Fr.582,467.3 francs in 2023
Fr.1,000,000 francs in 1998 Fr.1,164,934.6 francs in 2023
Cumulative inflation From 1998 17.82%
Avg. annual inflation From 1998 0.63%
CPI 1998 91.29
CPI today 107.55

Value of Franc over time (by year)

Period Value
1998 100
1999 100.81
2000 102.38
2001 103.39
2002 104.05
2003 104.72
2004 105.56
2005 106.8
2006 107.93
2007 108.72
2008 111.36
2009 110.82
2010 111.58
2011 111.84
2012 111.07
2013 110.83
2014 110.81
2015 109.54
2016 109.07
2017 109.65
2018 110.68
2019 111.08
2020 110.27
2021 110.91
2022 114.06
2023 116.49
2024-09 117.72
Today 117.82

All available years

Today's value of swiss francs by year:

1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |

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