Value of 1995 Czech Korunas today

Kč100 in 1995

Kč212.1 today

The inflation rate in Czech Republic between 1995 and today has been 112.1%, which translates into a total increase of Kč112.1. This means that 100 korunas in 1995 are equivalent to 212.1 korunas in 2018. In other words, the purchasing power of Kč100 in 1995 equals Kč212.1 today. The average annual inflation rate has been 3.18%.

Inflation timeline in Czech Republic (1995-2019)

The following chart ilustrates the equivalence of Kč100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (CZK) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1995-2018) 107.9%
Total Inflation* 112.1%
Annual inflation avg. (1995-2018) 3.23%
Annual inflation avg.* 3.18%
CPI 1995 49.98
CPI 2018 103.9
CPI today* 106
Kč1 in 1995 Kč2.08 in 2018

* Values extrapolated from the last official data to obtain today's values.

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: FV = PV (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are Kč100 worth today. There are 23 years between 1995 and 2018 and the average inflation rate has been 3.1824%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = Kč100 * (1 + 0.03)23 = Kč207.9

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1995 was 49.98 and the CPI today is 106. Therefore,

Final value = Initial value *
CPI final/CPI initial
= Kč100 *
= Kč207.9

Czech Republic inflation - Conversion table

Initial Value Equivalent value
Kč1 koruna in 1995 Kč2.12 korunas today
Kč5 korunas in 1995 Kč10.6 korunas today
Kč10 korunas in 1995 Kč21.21 korunas today
Kč50 korunas in 1995 Kč106.05 korunas today
Kč100 korunas in 1995 Kč212.1 korunas today
Kč500 korunas in 1995 Kč1,060.5 korunas today
Kč1,000 korunas in 1995 Kč2,120.99 korunas today
Kč5,000 korunas in 1995 Kč10,604.96 korunas today
Kč10,000 korunas in 1995 Kč21,209.92 korunas today
Kč50,000 korunas in 1995 Kč106,049.6 korunas today
Kč100,000 korunas in 1995 Kč212,099.21 korunas today
Kč500,000 korunas in 1995 Kč1,060,496.03 korunas today
Kč1,000,000 korunas in 1995 Kč2,120,992.05 korunas today

Value of Koruna in time (by year)

Period Value
1995 100
1996 107.65
1997 117.05
1998 128.86
1999 137.66
2000 140.86
2001 146.47
2002 152.47
2003 153.47
2004 155.07
2005 159.27
2006 162.87
2007 165.68
2008 174.68
2009 181.08
2010 182.88
2011 187.09
2012 191.49
2013 196.09
2014 198.89
2015 199.09
2016 199.09
2017 203.09
2018 207.9
Today 212.1