Netherlands Inflation Calculator

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 €804.64 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When €100 is equivalent to €804.64 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:

This conversion table shows various other 1960 amounts in today's euros, based on the 704.64% change in prices:

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:

Then plug in historical CPI values. The Netherlandic CPI was 15.426447697015018 in the year 1960 and 124.1267 in 2023:

€100 in 1960 has the same "purchasing power" or "buying power" as €804.64 in 2023.

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

Plugging in the values to this equation, we get:

Data source & citation

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