Netherlands Inflation Calculator

Result: €100 in 1960 → €844.77 in 2023


Money in the Netherlands has lost 88% of its value since 1960

Updated: January 13, 2022

€100 in 1960 is equivalent in purchasing power to about €844.77 today, an increase of €744.77 over 63 years. The euro had an average inflation rate of 3.45% per year between 1960 and today, producing a cumulative price increase of 744.77%.

This means that today's prices are 8.45 times as high as average prices since 1960, according to the OECD and the World Bank consumer price index for the Netherlands. A euro today only buys 11.838% of what it could buy back then. Currency values from before the Netherlands began using the Euro are converted for the purpose of these calculations by the OECD.

The inflation rate in 1960 was 2.32%. The current inflation rate compared to last year is now 13.05%. If this number holds, €100 today will be equivalent in buying power to €113.05 next year.


Inflation from 1960 to 2023
Cumulative price change744.77%
Average inflation rate3.45%
Converted amount (€100 base)€844.77
Price difference (€100 base)€744.77
CPI in 196015.426
CPI in 2023130.318
Inflation in 19602.32%
Inflation in 202313.05%
€100 in 1960€844.77 in 2023

The Netherlands inflation since 1960
Annual Rate, the OECD and the World Bank CPI
Download

Buying power of €100 in 1960

This chart shows a calculation of buying power equivalence for €100 in 1960 (price index tracking began in 1959).

For example, if you started with €100, you would need to end with €844.77 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When €100 is equivalent to €844.77 over time, that means that the "real value" of a single Netherlandic 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 1960 dollars, the chart below shows how €100 is worth less over 63 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:

Euro inflation: 1960-2023
YearEuro ValueInflation Rate
1960€100.002.32%
1961€101.311.31%
1962€103.772.43%
1963€107.143.24%
1964€113.385.82%
1965€117.813.91%
1966€124.595.76%
1967€128.903.46%
1968€133.703.72%
1969€143.627.42%
1970€148.893.67%
1971€160.027.48%
1972€172.517.80%
1973€186.358.02%
1974€204.229.59%
1975€225.0910.22%
1976€244.968.83%
1977€260.646.40%
1978€271.364.11%
1979€282.754.20%
1980€301.176.51%
1981€321.466.74%
1982€340.475.91%
1983€349.802.74%
1984€361.353.30%
1985€369.512.26%
1986€369.810.08%
1987€367.26-0.69%
1988€369.970.74%
1989€373.971.08%
1990€383.152.45%
1991€395.253.16%
1992€407.833.18%
1993€418.372.58%
1994€430.092.80%
1995€438.371.92%
1996€446.911.95%
1997€456.342.11%
1998€465.281.96%
1999€475.312.16%
2000€486.532.36%
2001€506.754.16%
2002€523.413.29%
2003€534.362.09%
2004€541.121.26%
2005€550.251.69%
2006€556.311.10%
2007€565.291.61%
2008€579.352.49%
2009€586.241.19%
2010€593.721.28%
2011€607.612.34%
2012€622.532.46%
2013€638.142.51%
2014€644.370.98%
2015€648.240.60%
2016€650.290.32%
2017€659.271.38%
2018€670.501.70%
2019€688.162.63%
2020€696.921.27%
2021€715.572.68%
2022€787.1310.00%
2023€844.777.32%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 57 more rows

This conversion table shows various other 1960 amounts in today's euros, based on the 744.77% change in prices:

Conversion: 1960 euros today
Initial valueEquivalent value
€1 euro in 1960€8.45 euros today
€5 euros in 1960€42.24 euros today
€10 euros in 1960€84.48 euros today
€50 euros in 1960€422.39 euros today
€100 euros in 1960€844.77 euros today
€500 euros in 1960€4,223.85 euros today
€1,000 euros in 1960€8,447.71 euros today
€5,000 euros in 1960€42,238.53 euros today
€10,000 euros in 1960€84,477.07 euros today
€50,000 euros in 1960€422,385.33 euros today
€100,000 euros in 1960€844,770.66 euros today
€500,000 euros in 1960€4,223,853.28 euros today
€1,000,000 euros in 1960€8,447,706.57 euros today

How to calculate inflation rate for €100 since 1960

Our calculations use the following inflation rate formula to calculate the change in value between 1960 and today:

CPI today CPI in 1960
×
1960 EUR value
=
Today's value

Then plug in historical CPI values. The Netherlandic CPI was 15.426447697015018 in the year 1960 and 130.31810355365405 in 2023:

130.3181035536540515.426447697015018
×
€100
=
€844.77

€100 in 1960 has the same "purchasing power" or "buying power" as €844.77 in 2023.

To get the total inflation rate for the 63 years between 1960 and 2023, we use the following formula:

CPI in 2023 - CPI in 1960CPI in 1960
×
100
=
Cumulative inflation rate (63 years)

Plugging in the values to this equation, we get:

130.31810355365405 - 15.42644769701501815.426447697015018
×
100
=
745%

Data source & citation

You may use the following MLA citation for this page: “the Netherlands Inflation Calculator: World Bank data, 1960-2023 (EUR).” Official Inflation Data, Alioth Finance, 1 Feb. 2023, https://www.officialdata.org/netherlands/inflation.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation from 1960 to 2023
Cumulative price change744.77%
Average inflation rate3.45%
Converted amount (€100 base)€844.77
Price difference (€100 base)€744.77
CPI in 196015.426
CPI in 2023130.318
Inflation in 19602.32%
Inflation in 202313.05%
€100 in 1960€844.77 in 2023