Ft

# 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
Ft3,789.66 in 2021

The inflation rate in Hungary between 1981 and 2021 was 3,689.66%, which translates into a total increase of Ft3,689.66. This means that 100 forints in 1981 are equivalent to 3,789.66 forints in 2021. In other words, the purchasing power of Ft100 in 1981 equals Ft3,789.66 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 Ft100 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. Inflation data is provided by governments and international institutions on a monthly basis.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 1981 to 2021 3,689.66%
Avg. Annual inflation from 1981 to 2021 9.51%
CPI 1981 3.13
CPI 2021 118.61

## 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 1981 and 2021, use the corresponding CPI values:

Value2021
=Value1981 ×
CPI2021/CPI1981
=Ft 100 ×
118.61/3.13
Ft3,789.66

### 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 40 years between 1981 and 2021 and the average inflation rate was 9.5128%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=Ft100 × (1 + 0.095128)40
Ft3,789.66

## Hungary inflation - Conversion table

Initial Value Equivalent value
Ft1 forint in 1981 Ft37.9 forints in 2021
Ft5 forints in 1981 Ft189.48 forints in 2021
Ft10 forints in 1981 Ft378.97 forints in 2021
Ft50 forints in 1981 Ft1,894.83 forints in 2021
Ft100 forints in 1981 Ft3,789.66 forints in 2021
Ft500 forints in 1981 Ft18,948.32 forints in 2021
Ft1,000 forints in 1981 Ft37,896.64 forints in 2021
Ft5,000 forints in 1981 Ft189,483.2 forints in 2021
Ft10,000 forints in 1981 Ft378,966.4 forints in 2021
Ft50,000 forints in 1981 Ft1,894,832 forints in 2021
Ft100,000 forints in 1981 Ft3,789,664.01 forints in 2021
Ft500,000 forints in 1981 Ft18,948,320.05 forints in 2021
Ft1,000,000 forints in 1981 Ft37,896,640.1 forints in 2021
 Cumulative inflation 1981-2021 3,689.66% Avg. annual inflation 1981-2021 9.51% CPI 1981 3.13 CPI 2021 118.61

### Value of Forint over time (by year)

Period Value
1981 100
1982 106.84
1983 114.61
1984 124.32
1985 132.95
1986 139.98
1987 152.13
1988 176.05
1989 206.24
1990 264.75
1991 356.92
1992 441.36
1993 540.51
1994 642.49
1995 824.35
1996 1,017.81
1997 1,204.12
1998 1,374.55
1999 1,511.98
2000 1,660.21
2001 1,811.56
2002 1,906.95
2003 1,995.84
2004 2,130.44
2005 2,206.32
2006 2,293.03
2007 2,475.53
2008 2,625.11
2009 2,735.68
2010 2,868.51
2011 2,981.24
2012 3,149.74
2013 3,204.33
2014 3,197.04
2015 3,195.07
2016 3,207.69
2017 3,283.01
2018 3,376.58
2019 3,489.31
2020 3,605.39
2021 3,789.66

All available years

Today's value of hungarian forint by year:

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 |

Other currencies: