Value of 2000 Czech Korunas today

Kč100 in 2000
Kč209.4 in 2024

The inflation rate in the Czech Republic between 2000 and today has been 109.4%, which translates into a total increase of Kč109.4. This means that 100 korunas in 2000 are equivalent to 209.4 korunas in 2024. In other words, the purchasing power of Kč100 in 2000 equals Kč209.4 today. The average annual inflation rate between these periods has been 3.13%.

Inflation timeline in the Czech Republic (2000 - 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 2000-2023 104.23%
Cumulative inflation 2000-today 109.4%
Avg. Annual inflation 2000-2023 3.15%
CPI 2000 72.38
CPI 2023 147.83
CPI 2024-05 (latest official data) 151.4
CPI today 151.57

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 2000 and 2023, use the corresponding CPI values:

Value2023
=Value2000 ×
CPI2023/CPI2000
=Kč 100 ×
147.83/72.38
Kč204.23

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 151.57:

Valuetoday
=Value2000 ×
CPItoday/CPI2000
=Kč 100 ×
151.57/72.38
Kč209.4

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 23 years between 2000 and 2023 and the average inflation rate was 3.1533%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=Kč100 × (1 + 0.031533)23
Kč204.23

Czech Republic inflation - Conversion table

Initial Value Equivalent value
Kč1 koruna in 2000 Kč2.04 korunas in 2023
Kč5 korunas in 2000 Kč10.21 korunas in 2023
Kč10 korunas in 2000 Kč20.42 korunas in 2023
Kč50 korunas in 2000 Kč102.11 korunas in 2023
Kč100 korunas in 2000 Kč204.23 korunas in 2023
Kč500 korunas in 2000 Kč1,021.13 korunas in 2023
Kč1,000 korunas in 2000 Kč2,042.25 korunas in 2023
Kč5,000 korunas in 2000 Kč10,211.26 korunas in 2023
Kč10,000 korunas in 2000 Kč20,422.52 korunas in 2023
Kč50,000 korunas in 2000 Kč102,112.6 korunas in 2023
Kč100,000 korunas in 2000 Kč204,225.2 korunas in 2023
Kč500,000 korunas in 2000 Kč1,021,126 korunas in 2023
Kč1,000,000 korunas in 2000 Kč2,042,251.99 korunas in 2023
Cumulative inflation From 2000 109.4%
Avg. annual inflation From 2000 3.13%
CPI 2000 72.38
CPI today 151.57

Value of Koruna over time (by year)

Period Value
2000 100
2001 104.66
2002 106.65
2003 106.78
2004 109.73
2005 111.77
2006 114.6
2007 117.87
2008 125.36
2009 126.64
2010 128.51
2011 130.97
2012 135.28
2013 137.22
2014 137.69
2015 138.12
2016 139.06
2017 142.47
2018 145.53
2019 149.68
2020 154.41
2021 160.34
2022 184.55
2023 204.23
2024-05 209.16
Today 209.4

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: