Result: fr.20 in 2001 → fr.22.96 in 2024
Value of fr.20 from 2001 to 2024
Updated: April 10, 2024fr.20 in 2001 is equivalent in purchasing power to about fr.22.96 today, an increase of fr.2.96 over 23 years. The franc had an average inflation rate of 0.60% per year between 2001 and today, producing a cumulative price increase of 14.80%.
This means that today's prices are 1.15 times as high as average prices since 2001, according to the OECD and the World Bank consumer price index for Switzerland. A franc today only buys 87.108% of what it could buy back then.
The inflation rate in 2001 was 0.99%. The current inflation rate compared to the end of last year is now 1.73%. If this number holds, fr.20 today will be equivalent in buying power to fr.20.35 next year.
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| Cumulative price change | 14.80% |
| Average inflation rate | 0.60% |
| Converted amount fr.20 base | fr.22.96 |
| Price difference fr.20 base | fr.2.96 |
| CPI in 2001 | 94.382 |
| CPI in 2024 | 108.350 |
| Inflation in 2001 | 0.99% |
| Inflation in 2024 | 1.73% |
| fr.20 in 2001 | fr.22.96 in 2024 |
Buying power of fr.20 in 2001
This chart shows a calculation of buying power equivalence for fr.20 in 2001 (price index tracking began in 1955).
For example, if you started with fr.20, you would need to end with fr.22.96 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When fr.20 is equivalent to fr.22.96 over time, that means that the "real value" of a single Swiss franc decreases over time. In other words, a franc will pay for fewer items at the store.
This effect explains how inflation erodes the value of a franc over time. By calculating the value in 2001 dollars, the chart below shows how fr.20 is worth less over 23 years.
According to the OECD and the World Bank, each of these CHF amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 2001 amounts in today's francs, based on the 14.80% change in prices:
| Initial value | Equivalent value |
|---|---|
| fr.1 franc in 2001 | fr.1.15 francs today |
| fr.5 francs in 2001 | fr.5.74 francs today |
| fr.10 francs in 2001 | fr.11.48 francs today |
| fr.50 francs in 2001 | fr.57.40 francs today |
| fr.100 francs in 2001 | fr.114.80 francs today |
| fr.500 francs in 2001 | fr.574.00 francs today |
| fr.1,000 francs in 2001 | fr.1,147.99 francs today |
| fr.5,000 francs in 2001 | fr.5,739.97 francs today |
| fr.10,000 francs in 2001 | fr.11,479.95 francs today |
| fr.50,000 francs in 2001 | fr.57,399.73 francs today |
| fr.100,000 francs in 2001 | fr.114,799.45 francs today |
| fr.500,000 francs in 2001 | fr.573,997.25 francs today |
| fr.1,000,000 francs in 2001 | fr.1,147,994.50 francs today |
How to calculate inflation rate for fr.20 since 2001
Our calculations use the following inflation rate formula to calculate the change in value between 2001 and today:
CPI today CPI in 2001
×
2001 CHF value
=
Today's value
Then plug in historical CPI values. The Swiss CPI was 94.38242 in the year 2001 and 108.35049910763934 in 2024:
108.3504991076393494.38242
×
fr.20
=
fr.22.96
fr.20 in 2001 has the same "purchasing power" or "buying power" as fr.22.96 in 2024.
To get the total inflation rate for the 23 years between 2001 and 2024, we use the following formula:
CPI in 2024 - CPI in 2001CPI in 2001
×
100
=
Cumulative inflation rate (23 years)
Plugging in the values to this equation, we get:
108.35049910763934 - 94.3824294.38242
×
100
=
15%
Data source & citation
You may use the following MLA citation for this page: “fr.20 in 2001 → 2024 | Switzerland Inflation Calculator.” Official Inflation Data, Alioth Finance, 26 Apr. 2024, https://www.officialdata.org/switzerland/inflation/2001?amount=20.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
| Cumulative price change | 14.80% |
| Average inflation rate | 0.60% |
| Converted amount fr.20 base | fr.22.96 |
| Price difference fr.20 base | fr.2.96 |
| CPI in 2001 | 94.382 |
| CPI in 2024 | 108.350 |
| Inflation in 2001 | 0.99% |
| Inflation in 2024 | 1.73% |
| fr.20 in 2001 | fr.22.96 in 2024 |