Value of 1995 Czech Korunas today

Kč100 in 1995
Kč290.49 in 2024

The inflation rate in the Czech Republic between 1995 and today has been 190.49%, which translates into a total increase of Kč190.49. This means that 100 korunas in 1995 are equivalent to 290.49 korunas in 2024. In other words, the purchasing power of Kč100 in 1995 equals Kč290.49 today. The average annual inflation rate between these periods has been 3.75%.

Inflation timeline in the Czech Republic (1995 - 2024)

The following chart depicts the equivalence of Kč100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing 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 extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1995-2023 183.01%
Cumulative inflation 1995-today 190.49%
Avg. Annual inflation 1995-2023 3.79%
CPI 1995 52.23
CPI 2023 147.83
CPI 2024-04 (latest official data) 151.4
CPI today 151.73

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 Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1995 and 2023, use the corresponding CPI values:

Value2023
=Value1995 ×
CPI2023/CPI1995
=Kč 100 ×
147.83/52.23
Kč283.01

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 151.73:

Valuetoday
=Value1995 ×
CPItoday/CPI1995
=Kč 100 ×
151.73/52.23
Kč290.49

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: 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 28 years between 1995 and 2023 and the average inflation rate was 3.7853%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=Kč100 × (1 + 0.037853)28
Kč283.01

Czech Republic inflation - Conversion table

Initial Value Equivalent value
Kč1 koruna in 1995 Kč2.83 korunas in 2023
Kč5 korunas in 1995 Kč14.15 korunas in 2023
Kč10 korunas in 1995 Kč28.3 korunas in 2023
Kč50 korunas in 1995 Kč141.5 korunas in 2023
Kč100 korunas in 1995 Kč283.01 korunas in 2023
Kč500 korunas in 1995 Kč1,415.04 korunas in 2023
Kč1,000 korunas in 1995 Kč2,830.09 korunas in 2023
Kč5,000 korunas in 1995 Kč14,150.45 korunas in 2023
Kč10,000 korunas in 1995 Kč28,300.9 korunas in 2023
Kč50,000 korunas in 1995 Kč141,504.48 korunas in 2023
Kč100,000 korunas in 1995 Kč283,008.95 korunas in 2023
Kč500,000 korunas in 1995 Kč1,415,044.76 korunas in 2023
Kč1,000,000 korunas in 1995 Kč2,830,089.52 korunas in 2023
Cumulative inflation From 1995 190.49%
Avg. annual inflation From 1995 3.75%
CPI 1995 52.23
CPI today 151.73

Value of Koruna over time (by year)

Period Value
1995 100
1996 108.76
1997 118.11
1998 130.74
1999 133.54
2000 138.58
2001 145.04
2002 147.8
2003 147.97
2004 152.06
2005 154.88
2006 158.81
2007 163.34
2008 173.72
2009 175.49
2010 178.08
2011 181.49
2012 187.46
2013 190.16
2014 190.81
2015 191.4
2016 192.71
2017 197.43
2018 201.68
2019 207.42
2020 213.98
2021 222.19
2022 255.74
2023 283.01
2024-04 289.85
Today 290.49

All available years

Today's value of czech korunas by year:

1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |

Other currencies: