Ft

Inflation calculator - Hungarian Forint

This tool is useful to calculate the time value of money based on historical inflation and CPI values. To start, select an amount and two years, or browse the default calculation results.

Ft100 in 1980
Ft5,521.37 in 2024

The cumulative inflation rate in Hungary between 1980 and 2024 was 5,421.37%, meaning that overall prices were 55.2 times higher than they were in 1980. In other words, the purchasing power of Ft100 in 1980 was equivalent to Ft5,521.37 in 2024. The average annual inflation rate over this period was 9.54%.

Inflation timeline in Hungary (1980 - 2024)

The chart below shows how the value of Ft100 changes over time when adjusted for inflation, based on Consumer Price Index (CPI) data. All values are equivalent in terms of purchasing power, indicating how much money would be needed each year to buy the same goods or services.

All calculations are performed in Hungarian forint with six-decimal precision, though displayed values are rounded to two decimals for readability. Inflation figures are sourced from official government and international reports released monthly.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 1980 to 2024 5,421.37%
Avg. Annual inflation from 1980 to 2024 9.54%
CPI 1980 2.99
CPI 2024 165.11

How to calculate the time value of money with inflation data?

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 1980 and 2024, use the corresponding CPI values:

Value2024
=Value1980 ×
CPI2024/CPI1980
=Ft 100 ×
165.11/2.99
Ft5,521.37

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 Ft100 worth today. There are 44 years between 1980 and 2024 and the average inflation rate was 9.5449%. Therefore, we can resolve the formula like this:

Value2024
=PV × (1 + i)n
=Ft100 × (1 + 0.095449)44
Ft5,521.37

Hungary inflation - Conversion table

Initial Value Equivalent value
Ft1 forint in 1980 Ft55.21 forint in 2024
Ft5 forint in 1980 Ft276.07 forint in 2024
Ft10 forint in 1980 Ft552.14 forint in 2024
Ft50 forint in 1980 Ft2,760.68 forint in 2024
Ft100 forint in 1980 Ft5,521.37 forint in 2024
Ft500 forint in 1980 Ft27,606.83 forint in 2024
Ft1,000 forint in 1980 Ft55,213.66 forint in 2024
Ft5,000 forint in 1980 Ft276,068.28 forint in 2024
Ft10,000 forint in 1980 Ft552,136.57 forint in 2024
Ft50,000 forint in 1980 Ft2,760,682.85 forint in 2024
Ft100,000 forint in 1980 Ft5,521,365.69 forint in 2024
Ft500,000 forint in 1980 Ft27,606,828.46 forint in 2024
Ft1,000,000 forint in 1980 Ft55,213,656.92 forint in 2024
Cumulative inflation 1980-2024 5,421.37%
Avg. annual inflation 1980-2024 9.54%
CPI 1980 2.99
CPI 2024 165.11

Value of Forint over time (by year)

Period Value
1980 100
1981 104.66
1982 111.82
1983 119.96
1984 130.11
1985 139.15
1986 146.51
1987 159.22
1988 184.25
1989 215.85
1990 277.09
1991 373.56
1992 461.93
1993 565.7
1994 672.44
1995 862.77
1996 1,065.26
1997 1,260.25
1998 1,438.63
1999 1,582.46
2000 1,737.6
2001 1,896.01
2002 1,995.84
2003 2,088.87
2004 2,229.75
2005 2,309.16
2006 2,399.92
2007 2,590.92
2008 2,747.48
2009 2,863.2
2010 3,002.22
2011 3,120.21
2012 3,296.56
2013 3,353.7
2014 3,346.07
2015 3,344.01
2016 3,357.21
2017 3,436.04
2018 3,533.98
2019 3,651.96
2020 3,773.45
2021 3,966.32
2022 4,545.72
2023 5,324.17
2024 5,521.37

All available years

Today's value of Hungarian forint by year:

1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 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 | 2024 |

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