# Inflation calculator - Hungarian Forints

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 1981

Ft3,779.13 in 2021

The inflation rate in Hungary between 1981 and 2021 was 3,679.13%, which translates into a total increase of Ft3,679.13. This means that 100 forints in 1981 are equivalent to 3,779.13 forints in 2021. In other words, the purchasing power of Ft100 in 1981 equals Ft3,779.13 in 2021. The average annual inflation rate between these periods was 9.51%.

## Inflation timeline in Hungary (1981 - 2021)

The following chart depicts the equivalence of hungarian forint throughout the years 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 (HUF) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1981-2021) 3,679.13%
Annual inflation avg. (1981-2021) 9.51%
CPI 1981 3.01
CPI 2021 113.69
Ft1 in 1981 Ft37.79 in 2021

## 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 compound interest formula or the Consumer Price Index (CPI) formula.

#### Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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, the future value is the amount in 2021 that equals Ft100 in 1981 in terms of purchasing power. There are 40 years between 1981 and 2021 and the average inflation rate was 9.5052%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = Ft100 * (1 + 0.095052)40 = Ft3,779.134546 ≈ Ft3,779.13

#### Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1981 was 3.01 and in 2021 was 113.69. Therefore,

Final value = Initial value *
CPI final/CPI initial
= Ft100 *
113.69/3.01
= Ft3,779.13

### Hungary inflation - Conversion table

Initial Value Equivalent value
Ft1 forint in 1981 Ft37.79 forints in 2021
Ft5 forints in 1981 Ft188.96 forints in 2021
Ft10 forints in 1981 Ft377.91 forints in 2021
Ft50 forints in 1981 Ft1,889.57 forints in 2021
Ft100 forints in 1981 Ft3,779.13 forints in 2021
Ft500 forints in 1981 Ft18,895.67 forints in 2021
Ft1,000 forints in 1981 Ft37,791.35 forints in 2021
Ft5,000 forints in 1981 Ft188,956.73 forints in 2021
Ft10,000 forints in 1981 Ft377,913.45 forints in 2021
Ft50,000 forints in 1981 Ft1,889,567.27 forints in 2021
Ft100,000 forints in 1981 Ft3,779,134.55 forints in 2021
Ft500,000 forints in 1981 Ft18,895,672.73 forints in 2021
Ft1,000,000 forints in 1981 Ft37,791,345.46 forints in 2021

Period Value
1981 100
1982 106.64
1983 115.63
1984 121.72
1985 131.26
1986 141.49
1987 149.1
1988 165.42
1989 189.9
1990 224.34
1991 299.17
1992 395.57
1993 496.66
1994 601.46
1995 728.94
1996 935.24
1997 1,120.52
1998 1,326.54
1999 1,463.14
2000 1,627.13
2001 1,791.15
2002 1,911.71
2003 2,005.2
2004 2,118.38
2005 2,234.02
2006 2,310.29
2007 2,460.37
2008 2,642.44
2009 2,733.47
2010 2,886.02
2011 3,021.34
2012 3,144.36
2013 3,301.82
2014 3,314.12
2015 3,284.6
2016 3,314.12
2017 3,370.71
2018 3,444.52
2019 3,538.02
2020 3,678.26
2021 3,779.13