The cumulative inflation rate in the Czech Republic between 1998 and today has been 133.3%, meaning that prices are 2.3 times higher than they were in 1998. In practical terms, the purchasing power of Kč100 in 1998 is equivalent to Kč233.3 in today's koruna. The average annual inflation rate over this period has been 3.07%.
The chart below shows how the value of Kč100 changes over time when adjusted for inflation, based on Consumer Price Index (CPI) data. All values are equivalent in terms of purchasing power, indicating how much money would be needed each year to buy the same goods or services.
All calculations are performed in Czech koruna with six-decimal precision, though displayed values are rounded to two decimals for readability. Inflation figures are sourced from official government and international reports released monthly. To convert historical amounts into today's koruna, we use the most recent CPI data available and extrapolate it to estimate the CPI for today.
The following table contains relevant indicators:
| Indicator | Value |
|---|---|
| Cumulative inflation 1998-2025 | 126.94% |
| Cumulative inflation 1998-today | 133.3% |
| Avg. annual inflation 1998-2025 | 3.08% |
| CPI 1998 | 68.36 |
| CPI 2025 | 155.14 |
| CPI Aug 2026 (latest official data) | 159.17 |
| CPI today | 159.49 |
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.
When we have both the start and end years, we can use the following formula:
To obtain the values equivalent in buying power between 1998 and 2025, use the corresponding CPI values:
To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 159.49:
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:
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 1998 and 2025 and the average inflation rate was 3.0819%. Therefore, we can resolve the formula like this:
| Initial Value | Today | |
|---|---|---|
| Kč1 koruna in 1998 | → | Kč2.33 |
| Kč5 koruna in 1998 | → | Kč11.67 |
| Kč10 koruna in 1998 | → | Kč23.33 |
| Kč50 koruna in 1998 | → | Kč116.65 |
| Kč100 koruna in 1998 | → | Kč233.30 |
| Kč500 koruna in 1998 | → | Kč1,166.51 |
| Kč1,000 koruna in 1998 | → | Kč2,333.03 |
| Kč5,000 koruna in 1998 | → | Kč11,665.14 |
| Kč10,000 koruna in 1998 | → | Kč23,330.28 |
| Kč50,000 koruna in 1998 | → | Kč116,651.41 |
| Kč100,000 koruna in 1998 | → | Kč233,302.81 |
| Kč500,000 koruna in 1998 | → | Kč1.17M |
| Kč1,000,000 koruna in 1998 | → | Kč2.33M |
| Cumulative inflation From 1998 | 133.3% |
| Avg. annual inflation From 1998 | 3.07% |
| CPI 1998 | 68.36 |
| CPI today | 159.49 |
28 years · scroll the table for more ↓
| Period | Value |
|---|---|
| 1998 | Kč100.00 |
| 1999 | Kč102.14 |
| 2000 | Kč105.99 |
| 2001 | Kč110.93 |
| 2002 | Kč113.04 |
| 2003 | Kč113.18 |
| 2004 | Kč116.30 |
| 2005 | Kč118.46 |
| 2006 | Kč121.46 |
| 2007 | Kč124.93 |
| 2008 | Kč132.87 |
| 2009 | Kč134.23 |
| 2010 | Kč136.21 |
| 2011 | Kč138.82 |
| 2012 | Kč143.38 |
| 2013 | Kč145.44 |
| 2014 | Kč145.94 |
| 2015 | Kč146.28 |
| 2016 | Kč147.23 |
| 2017 | Kč150.82 |
| 2018 | Kč154.08 |
| 2019 | Kč158.46 |
| 2020 | Kč163.48 |
| 2021 | Kč169.77 |
| 2022 | Kč195.36 |
| 2023 | Kč216.26 |
| 2024 | Kč221.50 |
| 2025 | Kč226.94 |
| Aug 2026 | Kč232.85 |
| Today | Kč233.30 |
All available years
Today's value of Czech koruna by year:
Other currencies