Value of 1995 Czech Korunas today

Kč100 in 1995
Kč285.52 in 2023

The inflation rate in the Czech Republic between 1995 and today has been 185.52%, which translates into a total increase of Kč185.52. This means that 100 korunas in 1995 are equivalent to 285.52 korunas in 2023. In other words, the purchasing power of Kč100 in 1995 equals Kč285.52 today. The average annual inflation rate between these periods has been 3.82%.

Inflation timeline in the Czech Republic (1995 - 2023)

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 1995-2022 155.74%
Cumulative inflation 1995-today 185.52%
Avg. Annual inflation 1995-2022 3.54%
CPI 1995 52.23
CPI 2022 133.58
CPI 2023-10 (latest official data) 148.1
CPI today 149.13

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 2022, use the corresponding CPI values:

Value2022
=Value1995 ×
CPI2022/CPI1995
=Kč 100 ×
133.58/52.23
Kč255.74

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 149.13:

Valuetoday
=Value1995 ×
CPItoday/CPI1995
=Kč 100 ×
149.13/52.23
Kč285.52

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 27 years between 1995 and 2022 and the average inflation rate was 3.539%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=Kč100 × (1 + 0.03539)27
Kč255.74

Czech Republic inflation - Conversion table

Initial Value Equivalent value
Kč1 koruna in 1995 Kč2.56 korunas in 2022
Kč5 korunas in 1995 Kč12.79 korunas in 2022
Kč10 korunas in 1995 Kč25.57 korunas in 2022
Kč50 korunas in 1995 Kč127.87 korunas in 2022
Kč100 korunas in 1995 Kč255.74 korunas in 2022
Kč500 korunas in 1995 Kč1,278.72 korunas in 2022
Kč1,000 korunas in 1995 Kč2,557.43 korunas in 2022
Kč5,000 korunas in 1995 Kč12,787.17 korunas in 2022
Kč10,000 korunas in 1995 Kč25,574.34 korunas in 2022
Kč50,000 korunas in 1995 Kč127,871.71 korunas in 2022
Kč100,000 korunas in 1995 Kč255,743.41 korunas in 2022
Kč500,000 korunas in 1995 Kč1,278,717.06 korunas in 2022
Kč1,000,000 korunas in 1995 Kč2,557,434.11 korunas in 2022
Cumulative inflation From 1995 185.52%
Avg. annual inflation From 1995 3.82%
CPI 1995 52.23
CPI today 149.13

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
2023-10 283.54
Today 285.52

All available years

Today's value of czech korunas by year:

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 |

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