Fr.

Value of 2004 Swiss Francs today

Fr.100 in 2004
Fr.111.25 in 2024

The inflation rate in Switzerland between 2004 and today has been 11.25%, which translates into a total increase of Fr.11.25. This means that 100 francs in 2004 are equivalent to 111.25 francs in 2024. In other words, the purchasing power of Fr.100 in 2004 equals Fr.111.25 today. The average annual inflation rate between these periods has been 0.53%.

Inflation timeline in Switzerland (2004 - 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 2004-2023 10.36%
Cumulative inflation 2004-today 11.25%
Avg. Annual inflation 2004-2023 0.52%
CPI 2004 96.36
CPI 2023 106.34
CPI 2024-11 (latest official data) 107.19
CPI today 107.2

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 2004 and 2023, use the corresponding CPI values:

Value2023
=Value2004 ×
CPI2023/CPI2004
=Fr. 100 ×
106.34/96.36
Fr.110.36

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 107.2:

Valuetoday
=Value2004 ×
CPItoday/CPI2004
=Fr. 100 ×
107.2/96.36
Fr.111.25

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 19 years between 2004 and 2023 and the average inflation rate was 0.5201%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=Fr.100 × (1 + 0.005201)19
Fr.110.36

Switzerland inflation - Conversion table

Initial Value Equivalent value
Fr.1 franc in 2004 Fr.1.1 francs in 2023
Fr.5 francs in 2004 Fr.5.52 francs in 2023
Fr.10 francs in 2004 Fr.11.04 francs in 2023
Fr.50 francs in 2004 Fr.55.18 francs in 2023
Fr.100 francs in 2004 Fr.110.36 francs in 2023
Fr.500 francs in 2004 Fr.551.79 francs in 2023
Fr.1,000 francs in 2004 Fr.1,103.58 francs in 2023
Fr.5,000 francs in 2004 Fr.5,517.9 francs in 2023
Fr.10,000 francs in 2004 Fr.11,035.81 francs in 2023
Fr.50,000 francs in 2004 Fr.55,179.04 francs in 2023
Fr.100,000 francs in 2004 Fr.110,358.09 francs in 2023
Fr.500,000 francs in 2004 Fr.551,790.45 francs in 2023
Fr.1,000,000 francs in 2004 Fr.1,103,580.89 francs in 2023
Cumulative inflation From 2004 11.25%
Avg. annual inflation From 2004 0.53%
CPI 2004 96.36
CPI today 107.2

Value of Franc over time (by year)

Period Value
2004 100
2005 101.17
2006 102.24
2007 102.99
2008 105.49
2009 104.98
2010 105.71
2011 105.95
2012 105.22
2013 104.99
2014 104.98
2015 103.77
2016 103.32
2017 103.87
2018 104.85
2019 105.23
2020 104.46
2021 105.07
2022 108.05
2023 110.36
2024-11 111.23
Today 111.25

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 |

Other currencies: