Euro inflation calculator
Prices in the euro area have risen 82% since January 1999, so €1,000 kept in a drawer since then buys what €549 did. Put the same money into cash, deposits, bonds, gold, stocks or Bitcoin from any month since 1999, and see what it would be worth today.
€1,000 put into each of these at the end of January 2000 would be worth this at the end of September 2026, in today’s money. Prices rose in that time, so the €1,000 itself is now worth €1,788. With JavaScript on, you can try your own amount and dates here.
| Put into | Worth now | A year | Biggest fall |
|---|---|---|---|
| Gold | €13,390 | 7.8% | −35.1% |
| US stocks | €7,961 | 5.8% | −65.0% |
| European stocks | €4,258 | 3.3% | −54.8% |
| German bonds | €2,127 | 0.7% | −41.6% |
| Bank deposit | €1,667 | −0.3% | −17.9% |
| Cash at home | €1,000 | −2.2% | −44.1% |
Bitcoin isn’t included: its figures start in July 2010.
The money you put in
- Value
- Money put in
Tap or drag along the chart to read each month.
Before you read too much into this: it’s history, not a forecast or advice. The month you start in changes everything: try December 2017 for Bitcoin, or 2000 and 2007 for stocks. Index returns leave out the fees any real fund or broker charges. Disclosure: I write for Bitcoin.com and own some Bitcoin.
How it works
- Each purchase is made at the end of a month, at that month’s closing value, and today’s value is at the end of September 2026. Dollar prices convert to euros at the ECB’s last rate of the month. Gold is the exception: it uses the month’s average price and average rate, because that’s the only free monthly gold price.
- Bank deposit: the average rate euro area banks paid households on new deposits fixed for up to a year, as if the money were put in again every month. Figures start in January 2000, and the ECB marks those for 2000 to 2002 as estimates.
- German bonds: worked out from the 10-year Bund’s monthly average yield. Each month the bond is valued at the new yield, then swapped for a new 10-year bond.
- Stocks: the whole market, with dividends reinvested. US stocks are every company listed in the US, which move almost exactly with the S&P 500. European stocks are the developed markets of Europe, including the UK and Switzerland.
- Bitcoin: prices start in July 2010.
- In today’s money, every figure is adjusted with euro area consumer prices (HICP, to September 2026).
- The biggest fall is the largest drop from a high to a later low in the asset itself, after you start. It’s checked at the end of each month, so falls within a month were deeper.
- Fees, taxes and the cost of keeping gold safe aren’t included.
Sources: European Central Bank (deposit rates, German bond yields, euro reference rates, and euro area HICP from Eurostat); World Bank Commodity Price Data (gold); Kenneth R. French Data Library (US stocks from CRSP, European stocks from Bloomberg); Coin Metrics (Bitcoin). Figures to the end of September 2026. Updated 2 November 2026.