Result: €0.71 in 2016 → €0.91 in 2024
Value of €0.71 from 2016 to 2024
Updated: September 11, 2025€0.71 in 2016 is equivalent in purchasing power to about €0.91 today, an increase of €0.20 over 8 years. The euro had an average inflation rate of 3.11% per year between 2016 and today, producing a cumulative price increase of 27.74%.
This means that today's prices are 1.28 times as high as average prices since 2016, according to the OECD and the World Bank consumer price index for Germany. A euro today only buys 78.022% of what it could buy back then.
The inflation rate in 2016 was 0.49%. The current inflation rate compared to the end of last year is now 3.98%. If this number holds, €0.71 today will be equivalent in buying power to €0.74 next year.
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| Cumulative price change | 27.74% |
| Average inflation rate | 3.11% |
| Converted amount €0.71 base | €0.91 |
| Price difference €0.71 base | €0.20 |
| CPI in 2016 | 100.492 |
| CPI in 2024 | 128.365 |
| Inflation in 2016 | 0.49% |
| Inflation in 2024 | 3.98% |
| €0.71 in 2016 | €0.91 in 2024 |
Buying power of €0.71 in 2016
This chart shows a calculation of buying power equivalence for €0.71 in 2016 (price index tracking began in 1955).
For example, if you started with €0.71, you would need to end with €0.91 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When €0.71 is equivalent to €0.91 over time, that means that the "real value" of a single German euro decreases over time. In other words, a euro will pay for fewer items at the store.
This effect explains how inflation erodes the value of a euro over time. By calculating the value in 2016 dollars, the chart below shows how €0.71 is worth less over 8 years.
According to the OECD and the World Bank, each of these EUR amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 2016 amounts in today's euros, based on the 27.74% change in prices:
| Initial value | Equivalent value |
|---|---|
| €1 euro in 2016 | €1.28 euros today |
| €5 euros in 2016 | €6.39 euros today |
| €10 euros in 2016 | €12.77 euros today |
| €50 euros in 2016 | €63.87 euros today |
| €100 euros in 2016 | €127.74 euros today |
| €500 euros in 2016 | €638.69 euros today |
| €1,000 euros in 2016 | €1,277.37 euros today |
| €5,000 euros in 2016 | €6,386.86 euros today |
| €10,000 euros in 2016 | €12,773.71 euros today |
| €50,000 euros in 2016 | €63,868.56 euros today |
| €100,000 euros in 2016 | €127,737.12 euros today |
| €500,000 euros in 2016 | €638,685.59 euros today |
| €1,000,000 euros in 2016 | €1,277,371.17 euros today |
How to calculate inflation rate for €0.71 since 2016
Our calculations use the following inflation rate formula to calculate the change in value between 2016 and today:
CPI today CPI in 2016
×
2016 EUR value
=
Today's value
Then plug in historical CPI values. The German CPI was 100.4917 in the year 2016 and 128.36520062440874 in 2024:
128.36520062440874100.4917
×
€0.71
=
€0.91
€0.71 in 2016 has the same "purchasing power" or "buying power" as €0.91 in 2024.
To get the total inflation rate for the 8 years between 2016 and 2024, we use the following formula:
CPI in 2024 - CPI in 2016CPI in 2016
×
100
=
Cumulative inflation rate (8 years)
Plugging in the values to this equation, we get:
128.36520062440874 - 100.4917100.4917
×
100
=
28%
Data source & citation
You may use the following MLA citation for this page: “€0.71 in 2016 → 2024 | Germany Inflation Calculator.” Official Inflation Data, Alioth Finance, 15 Dec. 2025, https://www.officialdata.org/germany/inflation/2016?amount=0.71.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 27.74% |
| Average inflation rate | 3.11% |
| Converted amount €0.71 base | €0.91 |
| Price difference €0.71 base | €0.20 |
| CPI in 2016 | 100.492 |
| CPI in 2024 | 128.365 |
| Inflation in 2016 | 0.49% |
| Inflation in 2024 | 3.98% |
| €0.71 in 2016 | €0.91 in 2024 |