Value of 2012 Czech Korunas today

Kč100 in 2012
Kč154.91 in 2024

The inflation rate in the Czech Republic between 2012 and today has been 54.91%, which translates into a total increase of Kč54.91. This means that 100 korunas in 2012 are equivalent to 154.91 korunas in 2024. In other words, the purchasing power of Kč100 in 2012 equals Kč154.91 today. The average annual inflation rate between these periods has been 3.71%.

Inflation timeline in the Czech Republic (2012 - 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 2012-2023 50.97%
Cumulative inflation 2012-today 54.91%
Avg. Annual inflation 2012-2023 3.82%
CPI 2012 97.92
CPI 2023 147.83
CPI 2024-04 (latest official data) 151.4
CPI today 151.68

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 2012 and 2023, use the corresponding CPI values:

Value2023
=Value2012 ×
CPI2023/CPI2012
=Kč 100 ×
147.83/97.92
Kč150.97

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 151.68:

Valuetoday
=Value2012 ×
CPItoday/CPI2012
=Kč 100 ×
151.68/97.92
Kč154.91

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 11 years between 2012 and 2023 and the average inflation rate was 3.8157%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=Kč100 × (1 + 0.038157)11
Kč150.97

Czech Republic inflation - Conversion table

Initial Value Equivalent value
Kč1 koruna in 2012 Kč1.51 korunas in 2023
Kč5 korunas in 2012 Kč7.55 korunas in 2023
Kč10 korunas in 2012 Kč15.1 korunas in 2023
Kč50 korunas in 2012 Kč75.49 korunas in 2023
Kč100 korunas in 2012 Kč150.97 korunas in 2023
Kč500 korunas in 2012 Kč754.85 korunas in 2023
Kč1,000 korunas in 2012 Kč1,509.7 korunas in 2023
Kč5,000 korunas in 2012 Kč7,548.51 korunas in 2023
Kč10,000 korunas in 2012 Kč15,097.02 korunas in 2023
Kč50,000 korunas in 2012 Kč75,485.11 korunas in 2023
Kč100,000 korunas in 2012 Kč150,970.22 korunas in 2023
Kč500,000 korunas in 2012 Kč754,851.12 korunas in 2023
Kč1,000,000 korunas in 2012 Kč1,509,702.23 korunas in 2023
Cumulative inflation From 2012 54.91%
Avg. annual inflation From 2012 3.71%
CPI 2012 97.92
CPI today 151.68

Value of Koruna over time (by year)

Period Value
2012 100
2013 101.44
2014 101.79
2015 102.1
2016 102.8
2017 105.32
2018 107.58
2019 110.65
2020 114.14
2021 118.53
2022 136.43
2023 150.97
2024-04 154.62
Today 154.91

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: