Value of 2012 Czech Korunas today

Kč100 in 2012
Kč137.45 in 2022

The inflation rate in the Czech Republic between 2012 and today has been 37.45%, which translates into a total increase of Kč37.45. This means that 100 korunas in 2012 are equivalent to 137.45 korunas in 2022. In other words, the purchasing power of Kč100 in 2012 equals Kč137.45 today. The average annual inflation rate between these periods has been 3.23%.

Inflation timeline in the Czech Republic (2012 - 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 2012-2021 18.53%
Cumulative inflation 2012-today 37.45%
Avg. Annual inflation 2012-2021 1.91%
CPI 2012 97.92
CPI 2021 116.06
CPI 2022-05 (latest official data) 132.9
CPI today 134.59

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 2021, use the corresponding CPI values:

Value2021
=Value2012 ×
CPI2021/CPI2012
=Kč 100 ×
116.06/97.92
Kč118.53

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 134.59:

Valuetoday
=Value2012 ×
CPItoday/CPI2012
=Kč 100 ×
134.59/97.92
Kč137.45

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 9 years between 2012 and 2021 and the average inflation rate was 1.9066%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=Kč100 × (1 + 0.019066)9
Kč118.53

Czech Republic inflation - Conversion table

Initial Value Equivalent value
Kč1 koruna in 2012 Kč1.19 korunas in 2021
Kč5 korunas in 2012 Kč5.93 korunas in 2021
Kč10 korunas in 2012 Kč11.85 korunas in 2021
Kč50 korunas in 2012 Kč59.26 korunas in 2021
Kč100 korunas in 2012 Kč118.53 korunas in 2021
Kč500 korunas in 2012 Kč592.64 korunas in 2021
Kč1,000 korunas in 2012 Kč1,185.28 korunas in 2021
Kč5,000 korunas in 2012 Kč5,926.38 korunas in 2021
Kč10,000 korunas in 2012 Kč11,852.76 korunas in 2021
Kč50,000 korunas in 2012 Kč59,263.82 korunas in 2021
Kč100,000 korunas in 2012 Kč118,527.63 korunas in 2021
Kč500,000 korunas in 2012 Kč592,638.17 korunas in 2021
Kč1,000,000 korunas in 2012 Kč1,185,276.34 korunas in 2021
Cumulative inflation From 2012 37.45%
Avg. annual inflation From 2012 3.23%
CPI 2012 97.92
CPI today 134.59

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
2022-05 135.73
Today 137.45

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: