Value of 1999 Czech Korunas today

Kč100 in 1999
Kč197.48 in 2022

The inflation rate in the Czech Republic between 1999 and today has been 97.48%, which translates into a total increase of Kč97.48. This means that 100 korunas in 1999 are equivalent to 197.48 korunas in 2022. In other words, the purchasing power of Kč100 in 1999 equals Kč197.48 today. The average annual inflation rate between these periods has been 3%.

Inflation timeline in the Czech Republic (1999 - 2022)

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 1999-2021 66.39%
Cumulative inflation 1999-today 97.48%
Avg. Annual inflation 1999-2021 2.34%
CPI 1999 69.75
CPI 2021 116.06
CPI 2022-10 (latest official data) 136.5
CPI today 137.74

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 1999 and 2021, use the corresponding CPI values:

Value2021
=Value1999 ×
CPI2021/CPI1999
=Kč 100 ×
116.06/69.75
Kč166.39

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 137.74:

Valuetoday
=Value1999 ×
CPItoday/CPI1999
=Kč 100 ×
137.74/69.75
Kč197.48

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 22 years between 1999 and 2021 and the average inflation rate was 2.3414%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=Kč100 × (1 + 0.023414)22
Kč166.39

Czech Republic inflation - Conversion table

Initial Value Equivalent value
Kč1 koruna in 1999 Kč1.66 korunas in 2021
Kč5 korunas in 1999 Kč8.32 korunas in 2021
Kč10 korunas in 1999 Kč16.64 korunas in 2021
Kč50 korunas in 1999 Kč83.2 korunas in 2021
Kč100 korunas in 1999 Kč166.39 korunas in 2021
Kč500 korunas in 1999 Kč831.96 korunas in 2021
Kč1,000 korunas in 1999 Kč1,663.92 korunas in 2021
Kč5,000 korunas in 1999 Kč8,319.59 korunas in 2021
Kč10,000 korunas in 1999 Kč16,639.18 korunas in 2021
Kč50,000 korunas in 1999 Kč83,195.91 korunas in 2021
Kč100,000 korunas in 1999 Kč166,391.83 korunas in 2021
Kč500,000 korunas in 1999 Kč831,959.14 korunas in 2021
Kč1,000,000 korunas in 1999 Kč1,663,918.28 korunas in 2021
Cumulative inflation From 1999 97.48%
Avg. annual inflation From 1999 3%
CPI 1999 69.75
CPI today 137.74

Value of Koruna over time (by year)

Period Value
1999 100
2000 103.78
2001 108.61
2002 110.68
2003 110.81
2004 113.87
2005 115.99
2006 118.92
2007 122.32
2008 130.1
2009 131.42
2010 133.36
2011 135.91
2012 140.38
2013 142.4
2014 142.89
2015 143.33
2016 144.31
2017 147.85
2018 151.03
2019 155.33
2020 160.24
2021 166.39
2022-10 195.7
Today 197.48

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 |

Other currencies: