# Value of 1987 Hungarian Forint today

Ft100 in 1987

Ft2,375.23 in 2019

The inflation rate in Hungary between 1987 and today has been 2,275.23%, which translates into a total increase of Ft2,275.23. This means that 100 forints in 1987 are equivalent to 2,375.23 forints in 2019. In other words, the purchasing power of Ft100 in 1987 equals Ft2,375.23 today. The average annual inflation rate has been 10.07%.

## Inflation timeline in Hungary (1987-2019)

The following chart depicts the equivalence of Ft100 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1987-2019) 2,272.9%
Total Inflation* 2,275.23%
Annual inflation avg. (1987-2019) 10.4%
Annual inflation avg.* 10.07%
CPI 1987 4.49
CPI 2019 106.44
CPI today* 106.54
Ft1 in 1987 Ft23.73 in 2019

* 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 32 years between 1987 and 2019 and the average inflation rate has been 10.0748%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = Ft100 * (1 + 0.1)32 = Ft2,372.9

#### 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 1987 was 4.49 and the CPI today is 106.54. Therefore,

Final value = Initial value *
CPI final/CPI initial
= Ft100 *
106.44/4.49
= Ft2,372.9

### Hungary inflation - Conversion table

Initial Value Equivalent value
Ft1 forint in 1987 Ft23.75 forints today
Ft5 forints in 1987 Ft118.76 forints today
Ft10 forints in 1987 Ft237.52 forints today
Ft50 forints in 1987 Ft1,187.61 forints today
Ft100 forints in 1987 Ft2,375.23 forints today
Ft500 forints in 1987 Ft11,876.13 forints today
Ft1,000 forints in 1987 Ft23,752.26 forints today
Ft5,000 forints in 1987 Ft118,761.32 forints today
Ft10,000 forints in 1987 Ft237,522.63 forints today
Ft50,000 forints in 1987 Ft1,187,613.16 forints today
Ft100,000 forints in 1987 Ft2,375,226.31 forints today
Ft500,000 forints in 1987 Ft11,876,131.57 forints today
Ft1,000,000 forints in 1987 Ft23,752,263.14 forints today

Period Value
1987 100
1988 110.95
1989 127.37
1990 150.46
1991 200.65
1992 265.31
1993 333.1
1994 403.39
1995 488.89
1996 627.25
1997 751.52
1998 889.69
1999 981.31
2000 1,091.29
2001 1,201.3
2002 1,282.16
2003 1,344.86
2004 1,420.77
2005 1,498.33
2006 1,549.48
2007 1,650.14
2008 1,772.25
2009 1,833.3
2010 1,935.61
2011 2,026.37
2012 2,108.88
2013 2,214.49
2014 2,222.74
2015 2,202.94
2016 2,222.74
2017 2,260.69
2018 2,310.19
2019 2,372.9
Today 2,375.23