Fr.

Value of 2003 Swiss Francs today

Fr.100 in 2003
Fr.112.36 in 2024

The inflation rate in Switzerland between 2003 and today has been 12.36%, which translates into a total increase of Fr.12.36. This means that 100 francs in 2003 are equivalent to 112.36 francs in 2024. In other words, the purchasing power of Fr.100 in 2003 equals Fr.112.36 today. The average annual inflation rate between these periods has been 0.56%.

Inflation timeline in Switzerland (2003 - 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 2003-2023 11.24%
Cumulative inflation 2003-today 12.36%
Avg. Annual inflation 2003-2023 0.53%
CPI 2003 95.6
CPI 2023 106.34
CPI 2024-03 (latest official data) 107.35
CPI today 107.41

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 2003 and 2023, use the corresponding CPI values:

Value2023
=Value2003 ×
CPI2023/CPI2003
=Fr. 100 ×
106.34/95.6
Fr.111.24

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 107.41:

Valuetoday
=Value2003 ×
CPItoday/CPI2003
=Fr. 100 ×
107.41/95.6
Fr.112.36

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 20 years between 2003 and 2023 and the average inflation rate was 0.5342%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=Fr.100 × (1 + 0.005342)20
Fr.111.24

Switzerland inflation - Conversion table

Initial Value Equivalent value
Fr.1 franc in 2003 Fr.1.11 francs in 2023
Fr.5 francs in 2003 Fr.5.56 francs in 2023
Fr.10 francs in 2003 Fr.11.12 francs in 2023
Fr.50 francs in 2003 Fr.55.62 francs in 2023
Fr.100 francs in 2003 Fr.111.24 francs in 2023
Fr.500 francs in 2003 Fr.556.22 francs in 2023
Fr.1,000 francs in 2003 Fr.1,112.44 francs in 2023
Fr.5,000 francs in 2003 Fr.5,562.21 francs in 2023
Fr.10,000 francs in 2003 Fr.11,124.42 francs in 2023
Fr.50,000 francs in 2003 Fr.55,622.08 francs in 2023
Fr.100,000 francs in 2003 Fr.111,244.16 francs in 2023
Fr.500,000 francs in 2003 Fr.556,220.8 francs in 2023
Fr.1,000,000 francs in 2003 Fr.1,112,441.6 francs in 2023
Cumulative inflation From 2003 12.36%
Avg. annual inflation From 2003 0.56%
CPI 2003 95.6
CPI today 107.41

Value of Franc over time (by year)

Period Value
2003 100
2004 100.8
2005 101.98
2006 103.06
2007 103.82
2008 106.34
2009 105.83
2010 106.56
2011 106.8
2012 106.06
2013 105.83
2014 105.82
2015 104.61
2016 104.15
2017 104.71
2018 105.69
2019 106.07
2020 105.3
2021 105.92
2022 108.92
2023 111.24
2024-03 112.3
Today 112.36

All available years

Today's value of swiss francs by year:

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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