Value of 1985 Hungarian Forint today

Ft100 in 1985

Ft2,704.86 in 2018

The inflation rate in Hungary between 1985 and today has been 2,604.86%, which translates into a total increase of Ft2,604.86. This means that 100 forints in 1985 are equivalent to 2,704.86 forints in 2018. In other words, the purchasing power of Ft100 in 1985 equals Ft2,704.86 today. The average annual inflation rate has been 10.18%.

Inflation timeline in Hungary (1985-2018)

The following chart ilustrates the equivalence of Ft100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1985-2018) 2,524.22%
Total Inflation* 2,604.86%
Annual inflation avg. (1985-2018) 10.41%
Annual inflation avg.* 10.18%
CPI 1985 3.95
CPI 2018 103.63
CPI today* 106.81
Ft1 in 1985 Ft26.24 in 2018

* Values extrapolated from the last official data to obtain today's values.

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

Using the compound interest formula

Given that money changes in 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, it indicates how much are Ft100 worth today. There are 33 years between 1985 and 2018 and the average inflation rate has been 10.1849%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = Ft100 * (1 + 0.1)33 = Ft2,624.22

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 1985 was 3.95 and the CPI today is 106.81. Therefore,

Final value = Initial value *
CPI final/CPI initial
= Ft100 *
103.63/3.95
= Ft2,624.22

Hungary inflation - Conversion table

Initial Value Equivalent value
Ft1 forint in 1985 Ft27.05 forints today
Ft5 forints in 1985 Ft135.24 forints today
Ft10 forints in 1985 Ft270.49 forints today
Ft50 forints in 1985 Ft1,352.43 forints today
Ft100 forints in 1985 Ft2,704.86 forints today
Ft500 forints in 1985 Ft13,524.28 forints today
Ft1,000 forints in 1985 Ft27,048.56 forints today
Ft5,000 forints in 1985 Ft135,242.78 forints today
Ft10,000 forints in 1985 Ft270,485.57 forints today
Ft50,000 forints in 1985 Ft1,352,427.83 forints today
Ft100,000 forints in 1985 Ft2,704,855.66 forints today
Ft500,000 forints in 1985 Ft13,524,278.3 forints today
Ft1,000,000 forints in 1985 Ft27,048,556.61 forints today

Value of Forint in time (by year)

Period Value
1985 100
1986 107.8
1987 113.59
1988 126.03
1989 144.68
1990 170.92
1991 227.92
1992 301.37
1993 378.38
1994 458.23
1995 555.35
1996 712.52
1997 853.67
1998 1,010.63
1999 1,114.7
2000 1,239.64
2001 1,364.6
2002 1,456.45
2003 1,527.67
2004 1,613.9
2005 1,702
2006 1,760.11
2007 1,874.45
2008 2,013.16
2009 2,082.51
2010 2,198.73
2011 2,301.82
2012 2,395.54
2013 2,515.51
2014 2,524.88
2015 2,502.39
2016 2,524.88
2017 2,567.99
2018 2,624.22
Today 2,704.86