Ft

Value of 1982 Hungarian Forint today

Ft100 in 1982
Ft4,826.61 in 2024

The inflation rate in Hungary between 1982 and today has been 4,726.61%, which translates into a total increase of Ft4,726.61. This means that 100 forints in 1982 are equivalent to 4,826.61 forints in 2024. In other words, the purchasing power of Ft100 in 1982 equals Ft4,826.61 today. The average annual inflation rate between these periods has been 9.67%.

Inflation timeline in Hungary (1982 - 2024)

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. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1982-2023 4,661.55%
Cumulative inflation 1982-today 4,726.61%
Avg. Annual inflation 1982-2023 9.88%
CPI 1982 3.34
CPI 2023 159.22
CPI 2023-12 (latest official data) 160.4
CPI today 161.39

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 1982 and 2023, use the corresponding CPI values:

Value2023
=Value1982 ×
CPI2023/CPI1982
=Ft 100 ×
159.22/3.34
Ft4,761.55

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 161.39:

Valuetoday
=Value1982 ×
CPItoday/CPI1982
=Ft 100 ×
161.39/3.34
Ft4,826.61

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 41 years between 1982 and 2023 and the average inflation rate was 9.8805%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=Ft100 × (1 + 0.098805)41
Ft4,761.55

Hungary inflation - Conversion table

Initial Value Equivalent value
Ft1 forint in 1982 Ft47.62 forints in 2023
Ft5 forints in 1982 Ft238.08 forints in 2023
Ft10 forints in 1982 Ft476.16 forints in 2023
Ft50 forints in 1982 Ft2,380.78 forints in 2023
Ft100 forints in 1982 Ft4,761.55 forints in 2023
Ft500 forints in 1982 Ft23,807.77 forints in 2023
Ft1,000 forints in 1982 Ft47,615.55 forints in 2023
Ft5,000 forints in 1982 Ft238,077.75 forints in 2023
Ft10,000 forints in 1982 Ft476,155.5 forints in 2023
Ft50,000 forints in 1982 Ft2,380,777.5 forints in 2023
Ft100,000 forints in 1982 Ft4,761,555 forints in 2023
Ft500,000 forints in 1982 Ft23,807,775 forints in 2023
Ft1,000,000 forints in 1982 Ft47,615,550 forints in 2023
Cumulative inflation From 1982 4,726.61%
Avg. annual inflation From 1982 9.67%
CPI 1982 3.34
CPI today 161.39

Value of Forint over time (by year)

Period Value
1982 100
1983 107.28
1984 116.36
1985 124.44
1986 131.03
1987 142.39
1988 164.78
1989 193.04
1990 247.81
1991 334.09
1992 413.12
1993 505.92
1994 601.38
1995 771.6
1996 952.69
1997 1,127.08
1998 1,286.6
1999 1,415.24
2000 1,553.98
2001 1,695.65
2002 1,784.94
2003 1,868.13
2004 1,994.13
2005 2,065.15
2006 2,146.32
2007 2,317.13
2008 2,457.15
2009 2,560.64
2010 2,684.97
2011 2,790.49
2012 2,948.21
2013 2,999.31
2014 2,992.48
2015 2,990.64
2016 3,002.44
2017 3,072.95
2018 3,160.54
2019 3,266.05
2020 3,374.7
2021 3,547.19
2022 4,065.36
2023 4,761.55
2023-12 4,796.97
Today 4,826.61

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 | 2022 | 2023 |

Other currencies: