Value of 2007 Czech Korunas today

Kč100 in 2007
Kč161.51 in 2022

The inflation rate in the Czech Republic between 2007 and today has been 61.51%, which translates into a total increase of Kč61.51. This means that 100 korunas in 2007 are equivalent to 161.51 korunas in 2022. In other words, the purchasing power of Kč100 in 2007 equals Kč161.51 today. The average annual inflation rate between these periods has been 3.25%.

Inflation timeline in the Czech Republic (2007 - 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 2007-2021 36.03%
Cumulative inflation 2007-today 61.51%
Avg. Annual inflation 2007-2021 2.22%
CPI 2007 85.32
CPI 2021 116.06
CPI 2022-10 (latest official data) 136.5
CPI today 137.8

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 2007 and 2021, use the corresponding CPI values:

Value2021
=Value2007 ×
CPI2021/CPI2007
=Kč 100 ×
116.06/85.32
Kč136.03

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 137.8:

Valuetoday
=Value2007 ×
CPItoday/CPI2007
=Kč 100 ×
137.8/85.32
Kč161.51

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 14 years between 2007 and 2021 and the average inflation rate was 2.2224%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=Kč100 × (1 + 0.022224)14
Kč136.03

Czech Republic inflation - Conversion table

Initial Value Equivalent value
Kč1 koruna in 2007 Kč1.36 korunas in 2021
Kč5 korunas in 2007 Kč6.8 korunas in 2021
Kč10 korunas in 2007 Kč13.6 korunas in 2021
Kč50 korunas in 2007 Kč68.02 korunas in 2021
Kč100 korunas in 2007 Kč136.03 korunas in 2021
Kč500 korunas in 2007 Kč680.16 korunas in 2021
Kč1,000 korunas in 2007 Kč1,360.32 korunas in 2021
Kč5,000 korunas in 2007 Kč6,801.62 korunas in 2021
Kč10,000 korunas in 2007 Kč13,603.24 korunas in 2021
Kč50,000 korunas in 2007 Kč68,016.19 korunas in 2021
Kč100,000 korunas in 2007 Kč136,032.38 korunas in 2021
Kč500,000 korunas in 2007 Kč680,161.92 korunas in 2021
Kč1,000,000 korunas in 2007 Kč1,360,323.84 korunas in 2021
Cumulative inflation From 2007 61.51%
Avg. annual inflation From 2007 3.25%
CPI 2007 85.32
CPI today 137.8

Value of Koruna over time (by year)

Period Value
2007 100
2008 106.36
2009 107.44
2010 109.03
2011 111.12
2012 114.77
2013 116.42
2014 116.82
2015 117.18
2016 117.98
2017 120.87
2018 123.47
2019 126.99
2020 131
2021 136.03
2022-10 159.99
Today 161.51

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: